Industry description
The investment seeks risk-adjusted income; capital appreciation is the secondary objective.
Under normal market conditions, the fund seeks to achieve its investment objectives by investing in a portfolio of U.S.-listed ETFs that is designed to follow the High Income Model developed by the advisor. The fund, through its investments in the underlying ETFs comprising the High Income Model, seeks to provide investors with a diversified income stream by holding a blend of fixed income assets that are actively managed to seek levels of high income and total return. It invests significantly in shares of the First Trust TCW Opportunistic Fixed Income ETF.
High and low price notable news
The average weekly price growth across all stocks in the First Trust High Income Strat Foc ETF ETF was -1%. For the same ETF, the average monthly price growth was -2%, and the average quarterly price growth was -1%. FTSL experienced the highest price growth at 0%, while LGOV experienced the biggest fall at -2%.
Volume
The average weekly volume growth across all stocks in the First Trust High Income Strat Foc ETF ETF was -55%. For the same stocks of the ETF, the average monthly volume growth was -57% and the average quarterly volume growth was -32%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 46
P/E Growth Rating: 42
Price Growth Rating: 47
SMR Rating: 45
Profit Risk Rating: 54
Seasonality Score: -46 (-100 ... +100)