FTSL Stock Summary and Trading Ideas (First Trust Senior Loan | NASDAQ:FTSL)

The First Trust Senior Loan Fund is an actively managed exchange-traded fund (ETF) that seeks to capitalize on the relatively attractive yield within the senior loan market while seeking to mitigate interest rate risk.

First Trust Senior Loan trades on the NASDAQ stock market under the symbol FTSL.

As of April 17, 2024, FTSL stock price climbed to $46.16 with 348,781 million shares trading.

FTSL has a beta of 0.11, meaning it tends to be less sensitive to market movements. FTSL has a correlation of 0.39 to the broad based SPY ETF.

FTSL has a market cap of $2.23 billion. This is considered a Mid Cap stock.

In the last 3 years, FTSL stock traded as high as $48.31 and as low as $43.80.

FTSL has underperformed the market in the last year with a return of +9.5%, while the SPY ETF gained +23.0%. In the last 3 month period, FTSL fell short of the market, returning +2.1%, while SPY returned +5.7%. However, in the most recent 2 weeks FTSL has outperformed the stock market by returning -0.1%, while SPY returned -3.5%.

FTSL support price is $45.96 and resistance is $46.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTSL stock will trade within this expected range on the day.