Morningstar

First Trust Short Duration High Inc C FDHCX

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub
  • NAV / 1-Day Return 18.11  /  −0.06 %
  • Total Assets 73.8 Mil
  • Adj. Expense Ratio
    2.000%
  • Expense Ratio 2.000%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 7.23%
  • Effective Duration —

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis FDHCX

Will FDHCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDHCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FDHCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FDHCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit First Trust Short Duration High Inc C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FDHCX

More FDHCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SS&C Technologies, Inc. 5.5%

2.99 2.3 Mil
Corporate

Nexstar Escrow Inc 5.625%

2.76 2.1 Mil
Corporate

Morgan Stanley Instl Lqudty Trs Instl

2.52 1.9 Mil
Cash and Equivalents

Go Daddy Operating Company LLC / GD Finance Co Inc 5.25%

2.32 1.8 Mil
Corporate

Gainwell Term Loan B

1.99 1.5 Mil
Corporate

United Rentals (North America), Inc. 6%

1.93 1.5 Mil
Corporate

Berry Global Inc 5.625%

1.90 1.5 Mil
Corporate

Post Holdings Inc. 6.25%

1.80 1.4 Mil
Corporate

Broadstreet Partners Inc Term Loan B1

1.75 1.3 Mil
Corporate

Clarios Global LP 8.5%

1.57 1.2 Mil
Corporate

Sponsor Center