FTSL ETF Analysis: Senior Loan Fund | NASDAQ
Bank Loan | NASDAQ, USA | Market Cap: 2.328m USD | 12M Return: 4.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.3M
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FTSL is a bank loan-focused ETF that, under normal market conditions, invests at least 80% of its net assets in first and second lien senior floating rate bank loans. These loans are debt obligations of sub-investment grade (below investment grade, also known as junk) corporate borrowers and are typically senior in the borrowers capital structure, generally secured by a lien on the borrowers assets.
While senior loans carry credit risk similar to high yield bonds, they differ structurally because they are usually secured and rank above other borrower obligations. As floating rate instruments, senior loans typically have interest payments that reset periodically based on a benchmark rate, which can help offset interest rate risk relative to fixed-income alternatives like high yield bonds.
- Fed rate cuts compress floating rate loan coupons
- Sub-investment grade default rates rise on recession fears
- Investor demand for floating rate income supports AUM growth
As of July 28, 2026, the stock is trading at USD 44.72 with a total of 214,571 shares traded. Over the past week, the price has changed by -0.01%, over one month by +0.54%, over three months by +0.67% and over the past year by +4.19%.
Current recommended Stop Loss: 44.50 (which is 0.5% or 2.2 ATR below the current price).
Senior Loan Fund has no consensus analysts rating.