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First Trust Tactical High Yield ETF (HYLS)
Holdings of the Fund as of 10/31/2025

Total Number of Holdings (excluding cash): 324

Security Name Identifier CUSIP Shares / Quantity Market Value Weighting Descending sort
GRAHAM PACKAGING/GPC CAP 7.125%, due 08/15/2028 384701AA6 32,934,000 $32,805,913.10 1.86%
LIGHTNING POWER LLC 7.25%, due 08/15/2032 53229KAA7 26,977,000 $28,648,980.51 1.63%
1011778 BC / NEW RED FIN 4%, due 10/15/2030 68245XAM1 25,510,000 $24,155,885.83 1.37%
ONEDIGITAL BORROWER LLC Variable rate, due 07/02/2032 LX235335 22,387,680 $22,625,660.83 1.29%
UNITED RENTALS (NORTH AMERICA) 6%, due 12/15/2029 911365BQ6 22,026,000 $22,623,675.51 1.29%
PANTHER ESCROW ISSUER 7.125%, due 06/01/2031 69867RAA5 21,394,000 $22,127,856.99 1.26%
ARDONAGH FINCO LTD 7.75%, due 02/15/2031 039853AA4 20,490,000 $21,450,817.08 1.22%
BALDWIN INSUR GRP/FIN 7.125%, due 05/15/2031 05825XAA7 19,730,000 $20,264,959.23 1.15%
ACRISURE LLC / FIN INC 7.50%, due 11/06/2030 00489LAL7 19,370,000 $20,048,976.61 1.14%
DISH NETWORK CORP 11.75%, due 11/15/2027 25470MAG4 17,162,000 $18,078,588.10 1.03%
ALLIANT HOLD / CO-ISSUER 6.75%, due 04/15/2028 01883LAE3 17,412,000 $17,740,494.79 1.01%
QXO BUILDING PRODUCTS INC 6.75%, due 04/30/2032 74825NAA5 16,927,000 $17,566,045.03 1.00%
ATHENAHEALTH GROUP INC 6.50%, due 02/15/2030 60337JAA4 17,722,000 $17,365,403.23 0.99%
BUILDERS FIRSTSOURCE INC 6.75%, due 05/15/2035 12008RAT4 16,601,000 $17,451,004.40 0.99%
UKG INC 6.875%, due 02/01/2031 90279XAA0 16,664,000 $17,166,052.99 0.98%
VENTURE GLOBAL LNG INC Variable rate 92332YAF8 18,000,000 $16,841,264.40 0.96%
POST HOLDINGS INC 6.25%, due 02/15/2032 737446AU8 15,834,000 $16,295,413.05 0.93%
RINGCENTRAL INC 8.50%, due 08/15/2030 76680RAJ6 15,391,000 $16,407,852.59 0.93%
COTIVITI INC 7.625%, due 05/01/2031 LX227236 16,359,508 $16,119,268.38 0.92%
ARDONAGH GROUP FINANCE 8.875%, due 02/15/2032 039956AA5 15,234,000 $15,911,136.07 0.90%
MILANO ACQUISITION CORP MILACQ TL 1L USD LX189433 15,093,426 $14,980,225.61 0.85%
TRUIST INSURANCE HOLDING Variable rate, due 05/06/2032 LX227767 13,511,826 $13,739,838.50 0.78%
VENTURE GLOBAL PLAQUEMINES LNG LLC 7.75%, due 05/01/2035 922966AB2 12,101,000 $13,663,275.40 0.78%
ALLIANT HOLD / CO-ISSUER 6.75%, due 10/15/2027 01883LAA1 13,365,000 $13,424,848.47 0.76%
LEIA FINCO US LLC Variable rate, due 10/09/2032 LX232016 13,137,173 $13,145,383.87 0.75%
QUIKRETE HOLDINGS INC 6.75%, due 03/01/2033 74843PAB6 12,509,000 $13,027,473.04 0.74%
RAVEN ACQUISITION HOLDINGS 6.875%, due 11/15/2031 75420NAA1 12,727,000 $13,037,284.26 0.74%
HUB INTERNATIONAL LTD 7.25%, due 06/15/2030 44332PAH4 11,902,000 $12,434,531.19 0.71%
HOWDEN GROUP HOLDINGS LT HYPINS TL B 1L USD LX239293 11,915,659 $11,983,340.35 0.68%
ALERA GROUP INTERMEDIATE Variable rate, due 05/30/2033 LX263486 11,488,000 $11,835,052.48 0.67%
CSC HOLDINGS LLC 4.50%, due 11/15/2031 126307BH9 18,851,000 $11,569,578.62 0.66%
SHIFT4 PAYMENTS LLC/FIN 6.75%, due 08/15/2032 82453AAB3 11,269,000 $11,648,803.28 0.66%
VETSTRATEGY CANADA HOLD INDVET TL B 1L USD LX257768 11,381,844 $11,444,444.61 0.65%
MCAFEE CORP 7.375%, due 02/15/2030 579063AB4 12,000,000 $11,001,366.00 0.63%
TRANSDIGM INC 6.375%, due 05/31/2033 893647BY2 10,652,000 $10,884,554.46 0.62%
US Dollar $USD 10,888,947 $10,888,947.46 0.62%
SNAP INC 6.875%, due 03/15/2034 83304AAM8 10,387,000 $10,598,853.26 0.60%
CLOUD SOFTWARE GRP INC 9%, due 09/30/2029 18912UAA0 10,032,000 $10,385,076.22 0.59%
MOLINA HEALTHCARE INC 6.25%, due 01/15/2033 60855RAM2 10,296,000 $10,374,301.07 0.59%
AMWINS GROUP INC 6.375%, due 02/15/2029 031921AC3 10,017,000 $10,216,979.39 0.58%
BUILDERS FIRSTSOURCE INC 6.375%, due 03/01/2034 12008RAS6 9,914,000 $10,279,558.90 0.58%
FIRSTCASH INC 6.875%, due 03/01/2032 33767DAD7 9,796,000 $10,176,845.45 0.58%
MEDLINE BORROWER LP 5.25%, due 10/01/2029 62482BAB8 10,253,000 $10,220,698.95 0.58%
AHP HEALTH PARTNERS INC 5.75%, due 07/15/2029 00150LAB7 10,057,000 $10,045,429.43 0.57%
HUB INTERNATIONAL LTD 7.375%, due 01/31/2032 44332PAJ0 9,750,000 $10,111,210.69 0.57%
ALPHA GENERATION LLC 6.25%, due 01/15/2034 02073LAC5 9,707,000 $9,826,504.23 0.56%
US FOODS INC 5.75%, due 04/15/2033 90290MAJ0 9,700,000 $9,851,959.04 0.56%
THE BRINK'S CO 6.75%, due 06/15/2032 109696AD6 9,090,000 $9,447,591.51 0.54%
FRONERI LUX FINCO SARL 6%, due 08/01/2032 35901MAA5 9,149,000 $9,240,508.29 0.53%
LEVEL 3 FINANCING INC 7%, due 03/31/2034 527298CN1 9,000,000 $9,253,872.00 0.53%
SELECT MEDICAL CORP 6.25%, due 12/01/2032 816196AV1 9,172,000 $9,313,459.75 0.53%
GARDA WORLD SECURITY 8.375%, due 11/15/2032 36485MAP4 8,793,000 $8,956,936.69 0.51%
MH SUB I LLC INET TL B 1L USD LX212015 9,923,455 $9,050,241.00 0.51%
US FOODS INC 7.25%, due 01/15/2032 90290MAH4 8,582,000 $9,014,695.86 0.51%
WASTE PRO USA INC 7%, due 02/01/2033 94107JAC7 8,590,000 $8,950,127.16 0.51%
X CORP 9.50%, due 10/29/2029 LX259156 8,939,937 $8,979,049.04 0.51%
ECHOSTAR CORP 10.75%, due 11/30/2029 278768AC0 7,917,315 $8,721,749.52 0.50%
GARDA WORLD SECURITY GWCN TL B 1L USD LX258261 8,865,669 $8,882,292.17 0.50%
PENNYMAC FIN SVCS INC 6.75%, due 02/15/2034 70932MAH0 8,596,000 $8,818,206.60 0.50%
POST HOLDINGS INC 6.375%, due 03/01/2033 737446AV6 8,647,000 $8,779,247.22 0.50%
SERVICE PROPERTIES TRUST 8.875%, due 06/15/2032 81761LAE2 8,956,000 $8,847,965.75 0.50%
TRINET GROUP INC 7.125%, due 08/15/2031 896288AC1 8,537,000 $8,864,718.35 0.50%
GFL ENVIRONMENTAL INC 6.75%, due 01/15/2031 36168QAQ7 8,298,000 $8,691,126.04 0.49%
MEDLINE BORROWER LP 3.875%, due 04/01/2029 62482BAA0 8,780,000 $8,533,557.69 0.49%
OPAL BIDCO 6.50%, due 03/31/2032 68348BAA1 8,323,000 $8,579,336.67 0.49%
PERFORMANCE FOOD GROUP INC 6.125%, due 09/15/2032 71376LAF7 8,398,000 $8,632,707.30 0.49%
PIKE CORP 5.50%, due 09/01/2028 721283AA7 8,615,000 $8,603,118.19 0.49%
ALBION FINANCING 1 SARL / AGGREKO 7%, due 05/21/2030 01330AAA4 8,153,000 $8,434,947.04 0.48%
CLOUD SOFTWARE GRP INC 8.25%, due 06/30/2032 18912UAC6 8,070,000 $8,487,896.88 0.48%
GEN DIGITAL INC 7.125%, due 09/30/2030 668771AL2 8,094,000 $8,379,014.02 0.48%
HUB INTERNATIONAL LTD 5.625%, due 12/01/2029 44332PAG6 8,230,000 $8,212,071.77 0.47%
RYAN SPECIALTY 5.875%, due 08/01/2032 78351GAA3 8,152,000 $8,295,320.31 0.47%
STAR PARENT INC SYNH TL B 1L USD LX216614 8,263,747 $8,287,712.04 0.47%
ARDAGH METAL PACKAGING 6%, due 06/15/2027 03969YAC2 8,098,000 $8,123,978.38 0.46%
BROADSTREET PARTNERS GROUP 5.875%, due 04/15/2029 11135RAA3 8,120,000 $8,097,379.30 0.46%
VISTA MANAGEMENT HOLDING VSTJET TL B 1L USD LX260516 8,075,623 $8,146,285.07 0.46%
WARNERMEDIA HOLDINGS INC 5.05%, due 03/15/2042 55903VBW2 10,000,000 $8,038,100.00 0.46%
BALL CORP 2.875%, due 08/15/2030 058498AW6 8,648,000 $7,915,046.89 0.45%
CCO HLDGS LLC/CAP CORP 7.375%, due 03/03/2031 1248EPCT8 7,781,000 $7,905,457.10 0.45%
CLARIVATE SCIENCE HOLDINGS CORP 4.875%, due 07/01/2029 18064PAD1 8,413,000 $7,855,632.02 0.45%
WAND NEWCO 3 INC 7.625%, due 01/30/2032 933940AA6 7,625,000 $7,976,695.50 0.45%
FERTITTA ENTERTAINMENT 6.75%, due 1/15/2030 31556TAC3 8,292,000 $7,692,800.68 0.44%
FORD MOTOR COMPANY 9.625%, due 04/22/2030 345370CX6 6,631,000 $7,713,672.55 0.44%
ZIPRECRUITER INC 5%, due 01/15/2030 98980BAA1 9,953,000 $7,801,420.18 0.44%
UWM HOLDINGS LLC 6.25%, due 03/15/2031 903522AB6 7,618,000 $7,609,056.46 0.43%
CARNIVAL CORP 5.75%, due 08/01/2032 143658CA8 7,180,000 $7,384,864.71 0.42%
HANESBRANDS INC 9%, due 02/15/2031 410345AQ5 7,064,000 $7,457,153.91 0.42%
BELRON UK FINANCE PLC 5.75%, due 10/15/2029 080782AA3 7,100,000 $7,198,569.30 0.41%
PIKE CORP 8.625%, due 01/31/2031 721283AB5 6,825,000 $7,290,917.92 0.41%
SUNOCO LP 5.875%, due 03/15/2034 86765KAG4 7,281,000 $7,284,502.15 0.41%
ARTHUR J GALLAGHER & CO 5.75%, due 03/02/2053 04316JAE9 7,000,000 $7,011,434.43 0.40%
EDELMAN FINANCIAL CENTER Variable rate, due 10/06/2028 LX233939 7,001,746 $7,023,626.46 0.40%
WARNERMEDIA HOLDINGS INC 5.141%, due 03/15/2052 55903VBU6 9,309,000 $7,098,112.50 0.40%
XAI CORP 12.50%, due 06/30/2030 LX264938 6,757,258 $7,082,451.11 0.40%
CARS.COM INC 6.375%, due 11/01/2028 14575EAA3 6,913,000 $6,890,854.21 0.39%
FIESTA PURCHASER INC 7.875%, due 03/01/2031 31659AAA4 6,489,000 $6,874,861.89 0.39%
AVANTOR FUNDING INC 4.625%, due 07/15/2028 05352TAA7 6,815,000 $6,709,997.89 0.38%
POLARIS NEWCO LLC SLH TL B 1L USD LX195131 6,927,835 $6,641,576.90 0.38%
STANDARD INDUSTRIES INC 6.50%, due 07/30/2032 853191AA2 6,557,000 $6,747,230.11 0.38%
BELLRING BRANDS INC 7%, due 03/15/2030 07831CAA1 6,292,000 $6,494,558.36 0.37%
ENERGIZER HOLDINGS INC 4.375%, due 03/31/2029 29272WAD1 6,851,000 $6,584,022.70 0.37%
HCA INC 5.25%, due 06/15/2049 404119BZ1 7,000,000 $6,430,841.90 0.37%
LogMeIn, Inc. (GoTo Group, Inc.) First Lien First Out TL LX226623 7,457,415 $6,518,228.47 0.37%
SMYRNA READY MIX CONCRETE 8.875%, due 11/15/2031 83283WAE3 6,198,000 $6,531,353.23 0.37%
CAMELOT US ACQUISITION LLC CCC TL B 1L USD LX263458 6,315,647 $6,282,111.39 0.36%
HERC HOLDINGS INC 7.25%, due 06/15/2033 42704LAG9 6,061,000 $6,394,767.15 0.36%
MAVIS TIRE EXPRESS SERVI EOCGRO TL B 1L USD LX257807 6,293,525 $6,313,632.36 0.36%
X CORP TWTR TL B1 1L USD LX209950 6,463,707 $6,310,193.89 0.36%
AMWINS GROUP INC 4.875%, due 06/30/2029 031921AB5 6,283,000 $6,073,690.03 0.35%
HYPERION REFINANCE SARL HYPINS TL B 1L USD LX267357 6,186,271 $6,203,345.51 0.35%
IQVIA INC 6.50%, due 05/15/2030 46266TAD0 5,979,000 $6,214,351.38 0.35%
VAIL RESORTS INC 6.50%, due 05/15/2032 91879QAP4 5,957,000 $6,189,728.08 0.35%
CAESARS ENTERTAINMENT INC 6%, due 10/15/2032 12769GAD2 6,201,000 $5,920,952.92 0.34%
CANPACK SA/CANPACK US 3.875%, due 11/15/2029 13806CAA0 6,371,000 $6,056,705.82 0.34%
BOYD GAMING CORP 4.75%, due 06/15/2031 103304BV2 6,062,000 $5,841,525.06 0.33%
CARNIVAL CORP 5.875%, due 06/15/2031 143658BZ4 5,635,000 $5,815,715.18 0.33%
FIESTA PURCHASER INC 9.625%, due 09/15/2032 31659AAB2 5,179,000 $5,585,906.52 0.32%
MAVIS TIRE EXPRESS SERVICES 6.50%, due 05/15/2029 59155LAA0 5,659,000 $5,602,966.85 0.32%
PAC AVIATION INTERNATION PACDAC TL B 1L USD LX271786 5,700,592 $5,656,070.72 0.32%
JANE STREET GRP/JSG FIN 6.75%, due 05/01/2033 47077WAE8 5,163,000 $5,389,861.09 0.31%
LAMB WESTON HLD 4.375%, due 01/31/2032 513272AE4 5,707,000 $5,444,789.60 0.31%
OPAL US LLC OPALBD TL B 1L USD LX272544 5,348,457 $5,377,713.51 0.31%
PAYSAFE FIN PLC/PAYSAFE 4%, due 06/15/2029 70452AAA1 5,874,000 $5,532,217.79 0.31%
AVIS BUDGET CAR/FINANCE 8.25%, due 01/15/2030 053773BJ5 5,161,000 $5,272,116.33 0.30%
GENESEE & WYOMING INC 6.25%, due 04/15/2032 371559AB1 5,234,000 $5,346,201.26 0.30%
OPEN TEXT CORP 6.90%, due 12/01/2027 683715AF3 5,077,000 $5,291,518.48 0.30%
GRAPHIC PACKAGING INTERNATIONAL 6.375%, due 07/15/2032 38869AAE7 4,955,000 $5,026,233.08 0.29%
GRAY MEDIA INC 4.75%, due 10/15/2030 389375AL0 7,254,000 $5,166,895.37 0.29%
MADISON IAQ LLC 5.875%, due 06/30/2029 55760LAB3 5,265,000 $5,163,786.17 0.29%
NEWELL BRANDS INC 6.625%, due 05/15/2032 651229BE5 5,449,000 $5,135,682.50 0.29%
SUNOCO LP 5.625%, due 03/15/2031 86765KAF6 5,045,000 $5,051,407.15 0.29%
SUNOCO LP Variable rate 86765KAE9 5,000,000 $5,081,325.00 0.29%
TRANSDIGM INC 6.625%, due 03/01/2032 893647BV8 4,931,000 $5,105,207.30 0.29%
GEN DIGITAL INC 6.25%, due 04/01/2033 668771AM0 4,763,000 $4,915,144.51 0.28%
PROJECT ALPHA INTERMEDIA Variable rate, due 05/08/2033 LX252973 5,116,145 $4,994,636.66 0.28%
ALLIANT HOLD / CO-ISSUER 6.50%, due 10/01/2031 01883LAG8 4,657,000 $4,781,514.21 0.27%
ALLIED UNIVERSAL HOLDCO 6.875%, due 06/15/2030 019576AF4 4,616,000 $4,739,602.64 0.27%
CP ATLAS BUYER INC 9.75%, due 07/15/2030 12597YAC3 4,474,000 $4,671,135.63 0.27%
FREEDOM MORTGAGE HOLD 9.125%, due 05/15/2031 35641AAB4 4,440,000 $4,725,385.44 0.27%
RB GLOBAL HOLDINGS INC 7.75%, due 03/15/2031 76774LAC1 4,522,000 $4,724,942.84 0.27%
ROCKET COS INC 6.375%, due 08/01/2033 77311WAB7 4,556,000 $4,751,816.88 0.27%
FILTRATION GROUP CORP FILGRO TL B 1L USD LX267384 4,576,143 $4,599,504.32 0.26%
BOMBARDIER INC 6.75%, due 06/15/2033 097751CD1 4,137,000 $4,347,978.85 0.25%
CCO HLDGS LLC/CAP CORP 4.50%, due 08/15/2030 1248EPCE1 4,747,000 $4,453,370.51 0.25%
PROAMPAC PG BORROWER LLC PROLAM TL B 1L USD LX228683 4,316,797 $4,322,429.95 0.25%
PROOFPOINT INC PFPT TL B 1L USD LX233467 4,320,139 $4,346,621.92 0.25%
VENTURE GLOBAL PLAQUEMINES LNG LLC 6.75%, due 01/15/2036 922966AD8 4,148,000 $4,395,826.41 0.25%
WULF COMPUTE LLC 7.75%, due 10/15/2030 982911AA7 4,152,000 $4,316,232.12 0.25%
IRB HOLDING CORP ARGIHC TL B 1L USD LX255422 4,195,221 $4,205,792.47 0.24%
MOLINA HEALTHCARE INC 3.875%, due 05/15/2032 60855RAL4 4,739,000 $4,277,171.61 0.24%
VESTIS CORP VESTIS TL B 1L USD LX226533 4,383,644 $4,175,421.16 0.24%
WH BORROWER LLC WHPGLO TL B 1L USD LX258715 4,236,645 $4,247,237.05 0.24%
WHITE CAP SUPPLY HOLDING 7.375%, due 11/15/2030 96467GAC2 4,257,000 $4,308,967.20 0.24%
ACRISURE LLC / FIN INC 6.75%, due 07/01/2032 004961AA6 4,000,000 $4,104,920.00 0.23%
CHARLES RIVER LABORATORIES 4%, due 03/15/2031 159864AJ6 4,291,000 $4,049,321.44 0.23%
CSC HOLDINGS LLC 6.50%, due 02/01/2029 126307AZ0 5,800,000 $3,995,396.19 0.23%
JONES DESLAURIERS INSURANCE MGMT 8.50%, due 03/15/2030 48020RAB1 3,917,000 $4,116,896.26 0.23%
STANDARD BUILDING SOLUTIONS 6.25%, due 08/01/2033 853191AC8 4,018,000 $4,100,923.49 0.23%
CAMELOT US ACQUISITION LLC CCC TL B 1L USD LX225722 3,855,099 $3,791,258.29 0.22%
HCA INC 5.50%, due 06/15/2047 404119BV0 4,000,000 $3,844,312.48 0.22%
OSAIC HOLDINGS INC 6.75%, due 08/01/2032 00791GAB3 3,665,000 $3,788,935.64 0.22%
STARLIGHT PARENT LLC SWI TL 1L USD LX259924 3,946,745 $3,931,964.55 0.22%
CLARIOS GLOBAL LP/US FIN 6.75%, due 02/15/2030 18060TAD7 3,486,000 $3,616,271.82 0.21%
CLEAR CHANNEL OUTDOOR HOLDINGS 7.875%, due 04/01/2030 18453HAF3 3,450,000 $3,619,884.90 0.21%
IHEARTCOMMUNICATIONS INC 4.75%, due 01/15/2028 45174HBG1 4,143,000 $3,764,323.67 0.21%
JH NORTH AMERICA HOLDING 6.125%, due 07/31/2032 46593WAB1 3,580,000 $3,674,261.40 0.21%
PHOENIX AVIATION CAPITAL 9.25%, due 07/15/2030 71910DAA9 3,444,000 $3,631,136.64 0.21%
SPIRIT AEROSYSTEMS INC SPR TL B 1L USD LX209317 3,745,472 $3,760,697.61 0.21%
TOPBUILD CORP 3.625%, due 03/15/2029 89055FAB9 3,750,000 $3,618,964.13 0.21%
CLARIOS GLOBAL LP/US FIN 6.75%, due 09/15/2032 18060TAE5 3,411,000 $3,492,700.37 0.20%
EQUIPMENTSHARE.COM INC 8%, due 03/15/2033 29450YAC3 3,613,000 $3,546,421.09 0.20%
FAIR ISAAC CORP 6%, due 05/15/2033 303250AG9 3,502,000 $3,573,426.79 0.20%
FORTREA HOLDINGS INC 7.50%, due 07/01/2030 34965KAA5 3,672,000 $3,529,853.94 0.20%
GO DADDY OPCO/FINCO 5.25%, due 12/01/2027 38016LAA3 3,500,000 $3,506,398.00 0.20%
PARK RIVER HOLDINGS INC 8.75%, due 12/31/2030 70082LAD9 3,465,731 $3,464,691.28 0.20%
SS&C TECHNOLOGIES INC 6.50%, due 06/01/2032 78466CAD8 3,357,000 $3,484,438.43 0.20%
STAR PARENT INC 9%, due 10/01/2030 855170AA4 3,372,000 $3,604,753.96 0.20%
ARTHUR J GALLAGHER & CO 5.75%, due 07/15/2054 04316JAJ8 3,287,000 $3,295,551.95 0.19%
ARTHUR J GALLAGHER & CO 6.75%, due 02/15/2054 04316JAG4 3,000,000 $3,383,447.94 0.19%
CLOUD SOFTWARE GRP INC 6.50%, due 03/31/2029 88632QAE3 3,299,000 $3,325,962.73 0.19%
LABL INC 8.625%, due 10/01/2031 50168QAF2 5,067,000 $3,261,509.84 0.19%
180 MEDICAL INC 3.875%, due 10/15/2029 682357AA6 3,200,000 $3,094,937.28 0.18%
ADVANCED DRAINAGE SYSTEM 6.375%, due 06/15/2030 00790RAB0 3,086,000 $3,146,374.50 0.18%
ALPHA GENERATION LLC 6.75%, due 10/15/2032 02073LAA9 3,096,000 $3,184,304.17 0.18%
DG INVESTMENT INTERMEDI Variable rate, due 07/31/2033 LX266714 3,101,322 $3,112,952.12 0.18%
IDERA INC Variable rate, due 03/02/2029 LX192320 3,876,692 $3,140,120.78 0.18%
JUMP FINANCIAL LLC JMPFIN TL B 1L USD LX267292 3,147,960 $3,161,732.73 0.18%
MAGNERA CORP 7.25%, due 11/15/2031 55939AAA5 3,674,000 $3,175,768.86 0.18%
OPEN TEXT INC 4.125%, due 12/01/2031 683720AC0 3,487,000 $3,249,120.70 0.18%
ACRISURE LLC / FIN INC 6%, due 08/01/2029 00489LAH6 3,000,000 $2,972,649.66 0.17%
ATHENAHEALTH GROUP INC ATHENA TL B 1L USD LX202290 2,985,000 $2,976,134.55 0.17%
ELLUCIAN HOLDINGS INC DAEL TL B 1L USD LX253062 2,985,000 $2,993,163.98 0.17%
MOLINA HEALTHCARE INC 4.375%, due 06/15/2028 60855RAJ9 3,032,000 $2,955,363.68 0.17%
SKOPIMA CONSILIO PARENT ADVDIS TL 1L USD LX256054 3,524,537 $3,056,267.31 0.17%
ALLIED UNIVERSAL HOLDCO 7.875%, due 02/15/2031 019576AD9 2,675,000 $2,788,020.97 0.16%
ASHTON WOODS USA/FINANCE 6.875%, due 08/01/2033 045086AR6 2,886,000 $2,895,425.67 0.16%
CLEAR CHANNEL OUTDOOR HOLDINGS 7.75%, due 04/15/2028 18453HAC0 2,759,000 $2,740,373.71 0.16%
RAISING CANE'S RESTAURANTS 9.375%, due 05/01/2029 75103AAA3 2,703,000 $2,829,716.64 0.16%
SPX FLOW INC 8.75%, due 04/01/2030 758071AA2 2,705,000 $2,777,077.43 0.16%
TRUCORDIA PTRFOY TL 1L USD LX264602 2,721,580 $2,735,188.07 0.16%
WHITE CAP BUYER LLC 6.875%, due 10/15/2028 96350RAA2 2,889,000 $2,890,833.71 0.16%
HOWDEN UK REFINANCE / US 7.25%, due 02/15/2031 44287GAA4 2,558,000 $2,638,817.45 0.15%
LIGHT & WONDER INTERNATIONAL 7.50%, due 09/01/2031 531968AA3 2,587,000 $2,687,176.40 0.15%
NORDSTROM INC 4.375%, due 04/01/2030 655664AT7 2,854,000 $2,713,335.76 0.15%
SIX FLAGS ENT/SIX FLAG 6.625%, due 05/01/2032 83002YAA7 2,671,000 $2,714,112.61 0.15%
VERIFONE SYSTEMS INC PAY TL 1L USD LX261077 2,754,248 $2,644,463.46 0.15%
AECOM 6%, due 08/01/2033 00766TAE0 2,442,000 $2,507,958.42 0.14%
KNOWBE4 INC KNBE TL 1L USD LX266122 2,455,800 $2,455,800.00 0.14%
LogMeIn, Inc. (GoTo Group, Inc.) First Lien Second Out TL LX226624 6,177,803 $2,385,651.22 0.14%
PETSMART INC PETM TL B 1L USD LX267367 2,552,056 $2,520,155.08 0.14%
SEALED AIR/SEALED AIR US 6.125%, due 02/01/2028 812127AA6 2,351,000 $2,384,306.62 0.14%
STANDARD INDUSTRIES INC 4.375%, due 07/15/2030 853496AG2 2,492,000 $2,405,332.08 0.14%
VENTURE GLOBAL LNG INC 8.375%, due 06/01/2031 92332YAB7 2,357,000 $2,421,855.21 0.14%
AMSPEC PARENT LLC AMSPEC TL B 1L USD LX264651 2,306,027 $2,325,490.20 0.13%
GRAPHIC PACKAGING INTERNATIONAL 3.75%, due 02/01/2030 38869AAD9 2,353,000 $2,212,131.77 0.13%
JANE STREET GRP/JSG FIN 6.125%, due 11/01/2032 47077WAD0 2,271,000 $2,312,868.15 0.13%
LBM ACQUISITION LLC USLBMH TL B 1L USD LX267330 2,373,711 $2,363,528.06 0.13%
SEALED AIR/SEALED AIR US 7.25%, due 02/15/2031 812127AB4 2,251,000 $2,365,740.22 0.13%
TRIVIUM PACKAGING FIN 8.25%, due 07/15/2030 89686QAD8 2,133,000 $2,211,748.23 0.13%
BLOCK INC 5.625%, due 08/15/2030 852234AT0 2,077,000 $2,109,679.52 0.12%
CARNIVAL CORP 6.125%, due 02/15/2033 143658BX9 2,000,000 $2,063,729.66 0.12%
ELLUCIAN HOLDINGS INC 6.50%, due 12/01/2029 289178AA3 2,140,000 $2,171,173.38 0.12%
LBM ACQUISITION LLC 9.50%, due 06/15/2031 52109SAB5 2,072,000 $2,170,420.00 0.12%
LIFE TIME INC 6%, due 11/15/2031 53190FAE5 2,031,000 $2,060,815.08 0.12%
SCIENTIFIC GAMES HOLDINGS LP/FINCO 6.625%, due 03/01/2030 80874DAA4 2,239,000 $2,047,003.51 0.12%
TALEN ENERGY SUPPLY LLC 6.25%, due 02/01/2034 87422VAM0 2,073,000 $2,127,051.98 0.12%
TALEN ENERGY SUPPLY LLC 6.50%, due 02/01/2036 87422VAN8 2,073,000 $2,148,308.46 0.12%
USI INC/NY 7.50%, due 01/15/2032 90346KAB5 2,000,000 $2,073,220.00 0.12%
VENTURE GLOBAL LNG INC 9.875%, due 02/01/2032 92332YAD3 2,020,000 $2,158,929.54 0.12%
WESCO DISTRIBUTION INC 6.375%, due 03/15/2033 95081QAS3 2,050,000 $2,143,578.40 0.12%
CUSHMAN & WAKEFIELD US BORROWER 8.875%, due 09/01/2031 23166MAC7 1,771,000 $1,898,645.47 0.11%
DG INVESTMENT INTERMEDI CONGNT TL B 1L USD LX265213 1,915,200 $1,922,391.52 0.11%
GOTO GROUP INC 5.50%, due 05/01/2028 38349YAB1 5,632,950 $1,985,614.88 0.11%
NRG ENERGY INC 5.75%, due 01/15/2034 629377DC3 1,922,000 $1,936,819.50 0.11%
NRG ENERGY INC 6%, due 01/15/2036 629377DD1 1,922,000 $1,956,322.61 0.11%
PROJECT RUBY ULTIMATE PARE MEDW TL B 1L USD LX266700 1,990,000 $1,997,462.50 0.11%
RB GLOBAL HOLDINGS INC 6.75%, due 03/15/2028 76774LAB3 1,945,000 $1,988,387.12 0.11%
SCOTTS MIRACLE-GRO CO 4%, due 04/01/2031 810186AX4 2,000,000 $1,855,223.40 0.11%
SCOTTS MIRACLE-GRO CO 4.375%, due 02/01/2032 810186AW6 2,027,000 $1,880,641.68 0.11%
SIX FLAGS ENTERTAINMENT 7.25%, due 05/15/2031 83001AAD4 1,852,000 $1,858,113.45 0.11%
WEX INC 6.50%, due 03/15/2033 96208TAD6 1,842,000 $1,885,576.19 0.11%
ALLIANT HOLD / CO-ISSUER 5.875%, due 11/01/2029 01883LAD5 1,790,000 $1,786,461.53 0.10%
C&S WHOLESALE GROCERS INC CSWHOL TL B 1L USD LX267078 1,867,652 $1,845,473.97 0.10%
GATES CORPORATION 6.875%, due 07/01/2029 367398AA2 1,679,000 $1,745,253.34 0.10%
IDERA INC IDERA TL 1L USD LX234473 1,984,862 $1,778,932.34 0.10%
INMAR INC INMARI TL 1L USD LX264924 1,759,631 $1,753,762.68 0.10%
PETSMART LLC/PETSMART FI 7.50%, due 09/15/2032 71677KAC2 1,698,000 $1,697,915.10 0.10%
PROOFPOINT INC PFPT TL B 1L USD LX263572 1,722,043 $1,732,599.41 0.10%
TRANSDIGM INC 6%, due 12/15/2033 893647BW6 1,663,000 $1,691,109.69 0.10%
ACUSHNET CO 7.375%, due 10/15/2028 005095AA2 1,595,000 $1,656,312.58 0.09%
CEMEX SAB DE CV Variable rate 151290CC5 1,500,000 $1,560,300.00 0.09%
LBM ACQUISITION LLC USLBMH TL B 1L USD LX233733 1,687,428 $1,633,995.35 0.09%
MCAFEE CORP MCFE TL B1 1L USD LX256336 1,640,133 $1,561,537.83 0.09%
SS&C TECHNOLOGIES INC 5.50%, due 09/30/2027 78466CAC0 1,582,000 $1,583,941.11 0.09%
ALLIANT HOLD / CO-ISSUER 7.375%, due 10/01/2032 01883LAH6 1,331,000 $1,374,990.88 0.08%
AMER SPORTS COMPANY 6.75%, due 02/16/2031 02352NAA7 1,299,000 $1,354,080.20 0.08%
BLOCK INC 6%, due 08/15/2033 852234AU7 1,384,000 $1,416,124.02 0.08%
BOOST NEWCO BORROWER LLC 7.50%, due 01/15/2031 36268NAA8 1,362,000 $1,447,983.06 0.08%
BREAD FINANCIAL HLDGS 6.75%, due 05/15/2031 018581AR9 1,384,000 $1,395,199.38 0.08%
CCO HLDGS LLC/CAP CORP 4.75%, due 03/01/2030 1248EPCD3 1,431,000 $1,361,618.11 0.08%
CLEAN HARBORS INC 5.75%, due 10/15/2033 184496AR8 1,376,000 $1,407,296.95 0.08%
CLEAR CHANNEL OUTDOOR HOLDINGS 7.125%, due 02/15/2031 18453HAG1 1,380,000 $1,424,419.80 0.08%
CLOUD SOFTWARE GRP INC 6.625%, due 08/15/2033 18912UAG7 1,370,000 $1,374,412.77 0.08%
EQUIPMENTSHARE.COM INC 9%, due 05/15/2028 29450YAA7 1,366,000 $1,378,007.14 0.08%
EZCORP INC 7.375%, due 04/01/2032 302301AJ5 1,381,000 $1,462,130.99 0.08%
FREEDOM MORTGAGE HOLD 9.25%, due 02/01/2029 35641AAA6 1,382,000 $1,451,991.39 0.08%
NCL CORPORATION LTD 6.75%, due 02/01/2032 62886HBR1 1,371,000 $1,409,643.01 0.08%
OSAIC HOLDINGS INC 8%, due 08/01/2033 00791GAC1 1,380,000 $1,417,221.36 0.08%
PARK RIVER HOLDINGS INC 8%, due 03/15/2031 70082LAC1 1,376,000 $1,417,670.92 0.08%
PETSMART LLC/PETSMART FI 10%, due 09/15/2033 71677KAD0 1,383,000 $1,392,308.97 0.08%
SCIH SALT HOLDINGS INC 4.875%, due 05/01/2028 78433BAA6 1,373,000 $1,358,888.03 0.08%
SEALED AIR CORP 5%, due 04/15/2029 81211KBA7 1,434,000 $1,424,845.34 0.08%
STANDARD INDUSTRIES INC 4.75%, due 01/15/2028 853496AD9 1,426,000 $1,422,328.19 0.08%
SURGERY CENTER HOLDINGS 7.25%, due 04/15/2032 86881WAF9 1,378,000 $1,419,563.24 0.08%
TRIVIUM PACKAGING FIN 12.25%, due 01/15/2031 89686QAC0 1,419,000 $1,481,900.62 0.08%
UNDER ARMOUR INC 7.25%, due 07/15/2030 904311AD9 1,378,000 $1,363,629.66 0.08%
US FOODS INC 4.75%, due 02/15/2029 90290MAD3 1,397,000 $1,382,998.29 0.08%
VISTRA OPERATIONS CO LLC 7.75%, due 10/15/2031 92840VAP7 1,359,000 $1,443,181.90 0.08%
WINDSTREAM SERVICES LLC 7.50%, due 10/15/2033 97382BAB5 1,376,000 $1,375,759.20 0.08%
WRANGLER HOLDCO CORP 6.625%, due 04/01/2032 37441QAA9 1,312,000 $1,372,254.91 0.08%
ZIGGO BV 4.875%, due 01/15/2030 98955DAA8 1,428,000 $1,348,966.63 0.08%
BRINKER INTERNATIONAL INC 8.25%, due 07/15/2030 109641AK6 1,182,000 $1,252,843.17 0.07%
RH RH TL B2 1L USD LX204424 1,281,133 $1,254,177.77 0.07%
VERITIV OPERATING CO VRTV TL B 1L USD LX219615 1,347,187 $1,297,401.65 0.07%
ZI TECH LLC/ZI FIN CORP 3.875%, due 02/01/2029 98981BAA0 1,356,000 $1,280,415.48 0.07%
AXON ENTERPRISE INC 6.125%, due 03/15/2030 05464CAC5 1,035,000 $1,065,571.85 0.06%
FIRSTCASH INC 4.625%, due 09/01/2028 33767DAB1 1,000,000 $987,081.48 0.06%
NEWELL BRANDS INC 8.50%, due 06/01/2028 651229BG0 1,031,000 $1,060,297.91 0.06%
NORDSTROM INC 4%, due 03/15/2027 655664AS9 1,000,000 $984,619.90 0.06%
PAYSAFE HOLDINGS(US) PSFE TL B1 1L USD LX195447 1,009,204 $1,010,470.40 0.06%
PETCO HEALTH & WELLNESS WOOF TL B 1L USD LX192745 1,122,963 $1,108,982.20 0.06%
SNAP INC 6.875%, due 03/01/2033 83304AAL0 1,073,000 $1,098,403.28 0.06%
STATION CASINOS LLC 4.50%, due 02/15/2028 857691AG4 1,000,000 $984,961.81 0.06%
CCO HLDGS LLC/CAP CORP 4.50%, due 05/01/2032 1248EPCJ0 1,000,000 $890,179.70 0.05%
CHARLES RIVER LABORATORIES 3.75%, due 03/15/2029 159864AG2 1,000,000 $959,510.17 0.05%
CHARLES RIVER LABORATORIES 4.25%, due 05/01/2028 159864AE7 950,000 $939,891.72 0.05%
CLARIVATE SCIENCE HOLDINGS CORP 3.875%, due 07/01/2028 18064PAC3 824,000 $794,093.25 0.05%
GRAPHIC PACKAGING INTERNATIONAL 3.50%, due 03/01/2029 38869AAC1 1,000,000 $948,440.70 0.05%
STANDARD INDUSTRIES INC 3.375%, due 01/15/2031 853496AH0 1,000,000 $911,398.30 0.05%
1011778 BC / NEW RED FIN 6.125%, due 06/15/2029 68245XAR0 656,000 $674,921.66 0.04%
AMENTUM HOLDINGS INC 7.25%, due 08/01/2032 02352BAA3 684,000 $712,461.24 0.04%
AXON ENTERPRISE INC 6.25%, due 03/15/2033 05464CAD3 690,000 $714,912.30 0.04%
BALL CORP 6.875%, due 03/15/2028 058498AY2 697,000 $709,608.03 0.04%
CACI INTERNATIONAL INC 6.375%, due 06/15/2033 127190AE6 690,000 $718,269.30 0.04%
CONCENTRA HEALTH SERVICE 6.875%, due 07/15/2032 20600DAA1 657,000 $686,095.90 0.04%
CORELOGIC INC 4.50%, due 05/01/2028 21871DAD5 696,000 $672,790.28 0.04%
NAVIENT CORP 7.875%, due 06/15/2032 63938CAQ1 709,000 $733,372.58 0.04%
RHP HOTEL PPTY/RHP FINAN 6.50%, due 06/15/2033 749571AL9 688,000 $710,602.18 0.04%
ROCKIES EXPRESS PIPELINE 6.75%, due 03/15/2033 77340RAU1 720,000 $754,482.24 0.04%
SCIENCE APPLICATIONS INT 5.875%, due 11/01/2033 808625AB3 689,000 $687,649.49 0.04%
SCIH SALT HOLDINGS INC 6.625%, due 05/01/2029 78433BAB4 700,000 $694,425.37 0.04%
SEAWORLD PARKS & ENTERTAINMENT 5.25%, due 08/15/2029 81282UAG7 717,000 $703,718.29 0.04%
SENSATA TECHNOLOGIES INC 3.75%, due 02/15/2031 81728UAB0 667,000 $620,539.03 0.04%
VIKING CRUISES LTD 5.875%, due 10/15/2033 92676XAH0 687,000 $698,810.63 0.04%
WILLIAMS SCOTSMAN INC 6.625%, due 04/15/2030 96949VAN3 697,000 $721,303.69 0.04%
HOWDEN UK REFINANCE / US 8.125%, due 02/15/2032 44287DAA1 539,000 $556,853.30 0.03%
SENSATA TECHNOLOGIES BV 4%, due 04/15/2029 81725WAK9 500,000 $487,726.47 0.03%
STATION CASINOS LLC 4.625%, due 12/01/2031 857691AH2 592,000 $556,551.22 0.03%
AMSPEC PARENT LLC AMSPEC TL B-DD 1L USD LX264652 355,307 $358,305.73 0.02%
FLUTTER TREASURY DAC 6.375%, due 04/29/2029 344045AA7 294,000 $304,798.03 0.02%
GARDA WORLD SECURITY 8.25%, due 08/01/2032 36485MAN9 342,000 $348,403.27 0.02%
KASEYA INC Variable rate, due 03/20/2033 LX259601 329,989 $327,309.62 0.02%
VENTURE GLOBAL PLAQUEMINES LNG LLC 7.50%, due 05/01/2033 922966AA4 343,000 $377,436.86 0.02%
BUILDERS FIRSTSOURCE INC 4.25%, due 02/01/2032 12008RAP2 100,000 $94,686.95 0.01%
Akorn Oct 2020 Equity .AKRX 259,956 $10,398.24 0.00%
Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.


 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
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