Key stats
About First Trust High Income Strategic Focus ETF
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Inception date
Aug 13, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
Identifiers
3
ISIN US33739Q3092
HISF is a fund-of-funds that follows the High Income Model developed by the funds advisor. The model provides exposure to a blend of fixed income assets, primarily via First Trust ETFs, that are actively managed to seek high income and capital appreciation. Assets include corporate investment-grade and junk bonds, US government securities, senior loans, securitized debts, emerging market bonds, and hybrid securities. Exposure to each asset is subject to a certain limit. HISF invests significantly in shares of the First Trust TCW Opportunistic Fixed Income ETF (ticker: FIXD), which is a broad-based and broad-maturity bond ETF. The funds advisor selects ETFs providing similar exposure based on a disciplined process that considers growth forecasts, market valuation, global market views, policy drivers, and a bottom-up asset level analysis. Prior to Feb. 28, 2022, HISFs moniker was First Trust Strategic Income ETF (ticker: FDIV), and was invested in various asset classes.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.93%
Cash0.07%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HISF top holdings are First Trust Core Investment Grade ETF and First Trust Tactical High Yield ETF, occupying 25.42% and 19.91% of the portfolio correspondingly.
HISF last dividends amounted to 0.19 USD. The month before, the issuer paid 0.19 USD in dividends, which shows a 2.35% decrease.
HISF assets under management is 85.89 M USD. It's risen 18.71% over the last month.
HISF fund flows account for 40.62 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HISF pays dividends to its holders with the dividend yield of 4.73%. The last dividend (Jan 30, 2026) amounted to 0.19 USD. The dividends are paid monthly.
HISF shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Aug 13, 2014, and its management style is Active.
HISF expense ratio is 0.87% meaning you'd have to pay 0.87% of your investment to help manage the fund.
HISF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HISF invests in funds.
HISF price has fallen by −0.19% over the last month, and its yearly performance shows a 2.44% increase. See more dynamics on HISF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.12% over the last month, have fallen by −0.12% over the last month, showed a −0.20% decrease in three-month performance and has increased by 6.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.12% over the last month, have fallen by −0.12% over the last month, showed a −0.20% decrease in three-month performance and has increased by 6.37% in a year.
HISF trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.