HISF vs. PYLD ETF Comparison

Comparison of First Trust High Income Strategic Focus ETF (HISF) to PIMCO U.S. Treasury Index Fund PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD)

HISF

First Trust High Income Strategic Focus ETF

HISF Description

First Trust High Income Strategic Focus ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC, First Trust Global Portfolios Limited, Richard Bernstein Advisors LLC, and Stonebridge Advisors, LLC. The fund invests in the public equity and fixed income markets of countries across the globe. For its equity portion, it seeks to invest in stocks of companies operating across diversified sectors. The fund invests in dividend paying stocks of small-cap, mid-cap, and large-cap companies. It also invests in stocks of master limited partnerships. For its fixed income portion, the fund invests in high yield corporate bonds and first lien senior secured floating rate bank loans, mortgage-related investments, and international sovereign bonds with varying maturity. First Trust High Income Strategic Focus ETF was formed on August 13, 2014 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$43.10

Average Daily Volume

2,055

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

PYLD

PIMCO U.S. Treasury Index Fund PIMCO Multisector Bond Active Exchange-Traded Fund

PYLD Description

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in a multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities.

Grade (RS Rating)

Last Trade

$25.25

Average Daily Volume

409,205

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	HISF	PYLD
30 Days	-2.15%	-1.42%
60 Days	-1.35%	0.45%
90 Days	-1.54%	0.26%
12 Months	1.34%

0 Overlapping Holdings

	Symbol	Grade	Weight in HISF	Weight in PYLD	Overlap

HISF Overweight 7 Positions Relative to PYLD

	Symbol	Grade	Weight
	FIXD	D	34.72%
	LMBS	C	15.14%
	HYLS	B	14.99%
	FSIG	B	10.12%
	FTSL	A	7.66%
	LGOV	D	7.31%
	FEMB	D	2.47%

HISF Underweight 1 Positions Relative to PYLD

	Symbol	Grade	Weight
	LONZ	A	-0.94%

HISF: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Mortgage Backed Security Structured Finance Advisorshares Asset Backed Security Bank Loans Banking Bear Market ETF Betashares Bond Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Exchange Traded Funds Financial Market Government Bonds

PYLD: Top Represented Industries & Keywords

Industries:

Keywords: Bond Market Index Exchange Traded Fund Leverage Swaps iBoxx