CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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FT Sr Flt Rt 2022 Tgt Trm Fd (FIV)

Taxable Bond Funds - Loan Participation

Data as of Dec. 12, 2017
Current
Market Price $9.20 ( $0.00)
NAV (Dec. 12, 2017) $9.71 (+ $0.01)
Premium / Discount -5.25% (-0.10%)
Fund Info
Inception Dec. 21, 2016
Sponsor First Trust Advisors
Website https://www.ftportfoli...
Phone
NAV Symbol XFIVX
Objective: High level of current income and to return $9.85 per common share of beneficial interest ("Common Share") of the Fund (the original net asset value ("Original NAV") per Common Share before deducting offering costs of $0.02 per Common Share) to the holders of Common Shares on or about 2/1/2022.
Related Indexes
Senior Loan Index
US Bond Index
Capital & Leverage
Outstanding Shares 35,831,569
Gross Assets $526M
Net Assets $348M
Market Cap $330M
Purchases Turnover 413.77%
Sales Turnover 141.80%
Total Leverage 26.61%
Structural Leverage (out of total) 26.61%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.69%
Non Lev Exp Ratio 1.28%
Rel Lev Cost 1.04%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -6.61%
Discount High(3 Yr) 5.21%
Discount Rel Range 11.49%
Comp Discount 0.94
Discount St Dev (1Yr)
Z-Stat
Z-Stat (6mo) -1.70
Z-Stat (1Yr)
Z-Stat (3Yr)
Comp Z-Stat (6mo) -0.70
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 5.44%
Income Yield 5.44%
Lev Adj NAV Yield 4.07%
Distribution Frequency M
Current Distribution $0.042
Current Income $0.042
Ex-Date 12/1/17
Payable Date 12/15/17
Div Growth (3yr) %
Dividend Change % on
Expected Div 12/19/17
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $1,488
Avg Volume 30 day 244,513
Avg Volume 90 day 161,717
Volume Trend 51.20%
Comp Volume Trend 28.93%
Correlation & Volatility
NAV - Price Correlation (30 d) 80.9%
NAV - Price Correlation (90 d) 81.7%
NAV - Price Correlation (1 Yr) %
Price St Dev (1Yr) %
NAV St Dev (1Yr) %
Earnings
Earnings / Share (5/31/17) $0.033
Earn Coverage 77.94%
Earnings Trend None
UNII / Share (5/31/17) $0.048
Rel UNII 9.49
UNII Trend None
Bond Specific Data
Maturity 5.04
Duration 1.01
Credit Rating (rbo) B
Investment Grade 3.46%
Non Investment Grade 92.46%
Unrated Bonds 4.08%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Senior Loan Index

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CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies 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 (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) 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 and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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