First Trust Senior FR 2022 Target Term:FIV

    Manage Alerts

    Overview

    As of 12/7/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$9.74$9.75-0.10%
    52 Wk Avg$9.44$9.65-2.20%
    52 Wk High$9.74$9.75-0.10%
    52 Wk Low$8.84$9.39-5.68%
    Regular Distribution TypeManaged Distribution
    Distribution Rate0.96%
    Distribution Amount$0.0078
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Under normal market conditions, the Fund will seek to achieve its investment objectives by investing at least 80% of its Managed Assets (as defined below) in senior, secured floating rate loans ('Senior Loans') of any maturity. Senior Loans are made to U.S. and non-U.S. corporations, partnerships and other business entities which operate in various industries and geographical regions, including entities in emerging market countries.

    Capital Structure

    As of 12/7/2021

    Total Investment Exposure:$488.358M
    Total Common Assets:$349.358M
    Common Shares Outstanding:35,831,569
    Leverage

    As of 12/7/2021

    Preferred Share Assets:
    Total Debt (USD): $139.000M
    Regulatory Leverage (USD): $139.000M
    Effective Leverage (USD): $139.000M
    Effective Leverage (%): 28.46%
    Annual Expense Ratios

    As of 5/31/2021

      Per Common Share
    Management Fees1.18%
    Other Expenses:0.28%
    Baseline Expense: N/A
    Interest Expense:0.35%
    Total: 1.81%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    William Housey, Scott D. Fries

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: FIV
    NAV Ticker: XFIVX
    Average Daily Volume (shares): 83,682
    Average Daily Volume (USD): $0.789M
    Inception Date: 12/21/2016
    Inception Share Price: $10.00
    Inception NAV: $9.83
    Tender Offer: No
    Term: Yes
    Fiscal Year End: May 31
    Third Party Links & Reports

    Distributions

    As of 12/7/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 5/31/2021
    $0.1636
    Annualized Distribution Rate on NAV:
    As of 12/7/2021
    0.96%
    Total Return on NAV (12 months):
    As of 12/7/2021
    5.71%
    Total % Portfolio Effectively Leveraged:
    As of 12/7/2021
    28.46%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/8/2021

    PeriodAvg Discount
    6 Month-1.06%
    1 Year-2.20%
    3 Year-4.94%
    5 Year 
    Z-Score

    As of 12/7/2021

    PeriodZStat
    3 Month1.62
    6 Month1.80
    1 Year1.50
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2021
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD9.28%4.36%20.28%7.13%
    20200.82%0.83%0.14%1.12%
    201915.80%11.49%18.13%8.70%
    2018-4.46%-2.47%-7.68%-1.95%
    2017-5.40%3.40%3.80%5.83%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2021
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 8/31/2021
    68
    Annual Portfolio Turnover:
    As of 5/31/2021
    76.00%
    Asset Allocation

    As of 8/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)97.03%
    Bank Loan96.64%
    Cash Equivalents (Super Sector)0.60%
    Cash Equivalents0.60%
    Corporate Bond0.39%
    Top Holdings

    As of 8/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Solarwinds Holdings Inc Swi Tl 1l Usd$18.82M4.79%
    Caesars Resort Collectio Caeres Tl 1l Usd$17.71M4.51%
    Reynolds Group Holdings Reynol Tl 1l Usd$17.23M4.39%
    Examworks Group Inc Exam Tl B 1l Usd$16.25M4.14%
    Citycenter Holdings Llc Cctrh Tl B 1l Usd$15.92M4.06%
    Chg Healthcare Services Inc Comhea Tl 1l Usd$15.90M4.05%
    Asurion Llc Asucor Tl B6 1l Usd$15.85M4.04%
    Change Healthcare Holdings Em Tl B 1l Usd$15.43M3.93%
    Scientific Games Internatio Sgms Tl B5 1l Usd$15.00M3.82%
    Nexstar Broadcasting Inc Nxst Tl B3 1l Usd$12.99M3.31%
    Credit Quality

    As of 8/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 8/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 8/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income0.28%
    United Kingdom - Equity0.04%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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