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First Trust Tactical High Yield ETF HYLS

Analyst rating as of
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Morningstar’s Analysis

Will HYLS outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Some process concerns have been alleviated, but it still lacks a clear edge.

Summary

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First Trust Tactical High Yield HYLS benefits from an experienced team, but recent turnover and a complex process limit our confidence. It earns a Morningstar Analyst Rating of Neutral.

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