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First Trust Advantaged Short Duration High Yield Bond Fund

Fund Overview

  • Ticker:
    FSD.UN
  • Fund Category:
    High Yield Bond
  • Fund Advisor:
    First Trust Advisors L.P.
  • Fund Manager:
    FT Portfolios Canada Co.
  • Sub-Advisor:
    First Western Capital Management Company
  • Cusip:
    33733N104
  • ISIN:
    CA33733N1042
  • SEDOL:
    B4NT5G2
  • Currency:
    CAD
  • Fiscal Year-End:
    30/06
  • Exchange:
    Toronto Stock Exchange
  • Inception:
    20/05/2011
  • Inception Price:
    $12.00
  • Inception NAV:
    $11.26
  • Eligibility:
    RRSP, RRIF, RESP, TFSA, DPSP, RDSP

Fees and Expenses (as at 31/12/2012)

  • Management Fee: 1.10%
  • MER: 3.09%
Please refer to the prospectus for detailed explanation of the funds fees and expense.

Distribution Information (as at 18/06/2013)

  • Dividend Frequency:
    Monthly
  • Dividend Per Share Amount:3
    $0.07000
  • Distribution Rate:4
    7.81%

Investment Objective

The Fund, through exposure to the Portfolio, will seek to achieve the following objectives: (i) provide Unitholders with attractive, monthly, tax-advantaged distributions; and (ii) preserve capital.

Current Data (as at 18/06/2013) Currency: CAD

NAV1Share Price2Premium/Discount
$11.19$10.76-3.84%
NAV ChangeShare Price % ChangeDaily Volume
0.09%0.09%3,600
NAV $ ChangeShare Price $ ChangeAVG 30-Day Volume
$0.01$0.0114,092
NAV 52-Week
High/Low		Share Price 52-Week
High/Low		Total
Net Assets
$11.46 / $10.69$11.41 / $10.35$62,126,192

Top 10 Holdings (as at 31/05/2013)

Holding % of Net Assets
Jabil Circuit Inc 1.91%
KB Home 1.88%
Frontier Communications 1.85%
Jeld-Wen Escrow Corp 1.85%
Windstream Corp 1.82%
MGM Resorts Intl 1.81%
Beazer Homes USA 1.80%
Fresenius Med Care US 1.80%
Cablevision Systems Corp 1.79%
NRG Energy Inc 1.78%

Portfolio Composition (as at 31/05/2013)

Sector % of Net Assets
Consumer Discretionary 29.30%
Industrials 19.60%
Energy 16.56%
Telecommunication Services 16.42%
Materials 10.16%
Consumer Staples 9.08%
Health Care 8.72%
Financials 7.67%
Information Technology 6.86%
Utilities 1.78%

Footnotes

1 The NAV represents the fund's net assets (assets less liabilities) divided by the fund's common shares outstanding.
2 Fund shares are purchased and sold on an exchange at their share price rather than net asset value (NAV), which may cause the shares to trade at a price greater than NAV (premium) or less than NAV (discount).
3 Most recent distribution paid or declared through today's date. Subject to change in the future.
4 Distribution rates are calculated by annualizing the most recent distribution paid or declaration through today's date and then dividing by the most recent market price. Distribution Rates May Vary. Any distribution adjustment will not be reflected until after the declaration date for the next distribution. The distribution rate may include realized short-term capital gains and/or a return of capital. Final determination of the source and tax status of all distributions paid in the current year will be made after year-end.

Commissions, trailing commissions, management fees and expenses all may be associated with Closed-End Fund investments. Please carefully read the prospectus of the fund before investing. Closed-End Funds are not guaranteed, their values change frequently and past performance may not be repeated.

FT Portfolios Canada Co.
330 Bay Street, Suite 1300 Toronto, ON M5H 2S8  1-877-622-5552
Copyright ©2013 FT Portfolios Canada Co. All Rights Reserved.
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