A closed-ended fixed income mutual fund that invests in senior secured floating rate corporate loans

NYSE

Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in high yield debt securities and bank loans that are rated below-investment grade or unrated. It has a short duration investment strategy, which seeks to maintain, under normal market conditions, a blended (or weighted average) portfolio duration of three years or less. Under normal market conditions, the fund may invest up to 15% of its net assets in non-U.S. securities denominated in non-U.S. currencies.

Nasdaq

FDHIX

First Trust Enhanced Equity Income Fund seeks to provide a high level of current income and gains, with some capital appreciation, by investing in a diversified portfolio of U.S. and non-U.S. equity securities traded on U.S. exchanges. The Fund also consistently writes covered call options on a portion of its managed assets as part of its integrated investment strategy.

A closed-end fixed income mutual fund that invests in mortgage-backed securities to provide high current income

The investment seeks to provide long-term capital appreciation. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (including investment borrowings) in equity securities of U.S. listed companies with small market capitalizations ("Small-Cap Companies") at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 Index or the S&P SmallCap 600 Index during the most recent 12-month period (based on month-end data).

FOVIX

The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (including investment borrowings) in preferred securities and other securities with similar economic characteristics.

FPEIX

A closed-end fund that invests in preferred and income-producing securities to provide current income with capital appreciation

A closed-end fund that invests in high yield debt securities with a defined term structure

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
FCT	First Trust Senior Floating Rate Income Fund II	Bank Loan	Jan 1, 2013	0.03%	-1.43%	6.06%	12.07%	24
FDHIX	First Trust Short Duration High Income Fund	Bank Loan	Oct 31, 2012	1.01%	-2.99%	4.25%	5.31%	65
FFA	First Trust Enhanced Equity Income Fund	Derivative Income	Aug 26, 2004	1.22%	-5.60%	12.66%	7.41%	36
FMY	First Trust Mortgage Income Fund	Mortgage Backed Securities	May 25, 2005	0.03%	-2.09%	3.91%	6.97%	14
FOVIX	First Trust/Confluence Small Cap Value Fund	Small Cap Blend Equities	Jan 11, 2011	1.35%	—	—	16.01%	—
FPEIX	First Trust Preferred Securities and Income Fund	Preferred Stock/Convertible Bonds	Jan 10, 2011	1.00%	-2.48%	4.99%	4.64%	80
FPF	First Trust Intermediate Duration Preferred and In...	Preferred Stock/Convertible Bonds	Apr 1, 2009	0.02%	-4.04%	5.68%	9.36%	14
FTHY	First Trust High Yield Opportunities 2027 Term Fun...	High Yield Bonds	Jun 25, 2020	0.02%	-1.22%	—	11.09%	15
VARBX	Vivaldi Merger Arbitrage Fund Class I	Event Driven	Oct 1, 2015	1.81%	0.76%	4.44%	5.99%	99

First Trust Mutual Funds List

Risk vs. Return Scatterplot