First Trust High Income Strategic Focus ETF
HISF
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Aug 14, 2014
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust High Income Strategic Focus ETF (HISF) is an actively managed exchange-traded fund that seeks high current income through a fund-of-funds structure, investing primarily in a portfolio of other fixed income exchange-traded funds covering U.S. and non-U.S. issuers; key holdings include First Trust Tactical High Yield ETF (HYLS, 19.91%), First Trust Low Duration Opportunities ETF (LMBS, 14.94%), First Trust TCW Opportunistic Fixed Income ETF (FIXD, 11.99%), First Trust Core Investment Grade ETF (FTCB, 22.98%), First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG, 10.00%), First Trust Preferred Securities and Income ETF (FPE, 5.08%), First Trust Emerging Markets Local Currency Bond ETF (FEMB, 5.04%), First Trust Long Duration Opportunities ETF (LGOV, 5.00%), and First Trust Limited Duration Investment Grade Corporate ETF (FSIG, 4.96%). The ETF focuses on broad credit fixed income strategies, blending investment-grade corporate bonds, high yield securities, mortgage-backed securities, emerging markets debt, preferred securities, and opportunistic fixed income opportunities to balance income generation with moderate interest rate sensitivity. Launched on August 13, 2014 and listed on the Nasdaq, HISF is domiciled in the United States with headquarters aligned to its adviser, First Trust Advisors L.P., based in Wheaton, Illinois; it targets income-oriented investors globally through exposure to developed and emerging markets. In a significant strategic shift, the fund converted from First Trust Strategic Income ETF to its current name and enhanced high income focus on February 28, 2022, following shareholder approval of a new investment strategy in early 2022. More recently, First Trust Advisors announced fee waivers for HISF and certain fixed income funds effective January 1, 2026, reducing the net expense ratio to 0.87% amid competitive pressures in the ETF market. The fund continues regular distributions, with declarations noted through December 2025, supporting its high yield profile of approximately 4.58%. No major acquisitions, partnerships, or new product launches specific to HISF have been reported in the last 1-2 years, though institutional ownership has seen modest increases from firms like tru Independence LLC and Synergy Asset Management in 2025.