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Bank Loan ETFs: More Competition in Red-Hot Sector

Capitalizing on the growing popularity of high-yield investments with protection against interest rate risks, First Trust plans to launch an actively managed exchange traded fund designed to beat passive indexing methodologies. According to a press release, the First Trust Senior Loan Fund (NasdaqGM: FTSL) will begin trading Thursday, May 2. FTSL will try to generate [...]

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