First Trust Exchange-Traded Fund IV - First Trust Senior Loan Fund
US ˙ NasdaqGM ˙ US33738D3098

SecurityFTSL / First Trust Exchange-Traded Fund IV - First Trust Senior Loan Fund
InstitutionKovack Advisors, Inc.
Latest Disclosed Ownership103,919 shares
Latest Disclosed Value $ 4,660,643
Kovack Advisors, Inc. reports 8.04% increase in ownership of FTSL / First Trust Exchange-Traded Fund IV - First Trust Senior Loan Fund

On May 12, 2026 - Kovack Advisors, Inc. filed a 13F-HR form disclosing ownership of 103,919 shares of First Trust Exchange-Traded Fund IV - First Trust Senior Loan Fund (US:FTSL) valued at $4,655,571 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 17, 2026 disclosing 96,182 shares of First Trust Exchange-Traded Fund IV - First Trust Senior Loan Fund. This represents a change in shares of 8.04% during the quarter. The current value of the position is $4,674,796 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 103,919 7,737 8.04 4,661 5.62 0.2486
2026-02-17 2025-12-31 13F/A-1 FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 96,182 6,814 7.62 4,413 7.71 0.2051
2026-02-12 2025-12-31 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 96,182 6,814 4,227
2025-11-10 2025-09-30 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 89,368 -2,525 -2.75 4,097 -2.85 0.3857
2025-08-04 2025-06-30 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 91,893 652 0.71 4,217 1.22 0.4134
2025-05-06 2025-03-31 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 91,241 4,733 5.47 4,165 4.13 0.4409
2025-02-05 2024-12-31 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 86,508 23,858 38.08 4,000 39.18 0.3926
2024-11-05 2024-09-30 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 62,650 -3,017 -4.59 2,875 -4.23 0.3045
2024-08-05 2024-06-30 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 65,667 -1,093 -1.64 3,002 -2.69 0.3303
2024-04-19 2024-03-31 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 66,760 9,860 17.33 3,085 17.67 0.3735
2024-02-02 2023-12-31 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 56,900 -118 -0.21 2,621 0.50 0.3114
2023-10-19 2023-09-30 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 57,018 -38,041 -40.02 2,608 -39.43 0.3638
2023-07-21 2023-06-30 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 95,059 -4,105 -4.14 4,306 -4.01 0.5518
2023-04-21 2023-03-31 13F FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309 99,164 -4,644 -4.47 4,486 -3.07 0.6115
2023-02-22 2022-12-31 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 103,808 -4,214 -3.90 4,629 -2.79 0.6766
2022-11-14 2022-09-30 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 108,022 -1,894 -1.72 4,761 -1.77 0.6993
2022-08-10 2022-06-30 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 109,916 15,896 16.91 4,847 9.59 0.6396
2022-05-16 2022-03-31 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 94,020 -2,329 -2.42 4,423 -4.20 0.4543
2022-01-18 2021-12-31 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 96,349 12,425 14.81 4,617 14.97 0.4460
2021-11-03 2021-09-30 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 83,924 -4,517 -5.11 4,016 -5.42 0.4365
2021-07-29 2021-06-30 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 88,441 7,216 8.88 4,246 9.15 0.4833
2021-05-04 2021-03-31 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 81,225 -21,436 -20.88 3,890 -20.38 0.5055
2021-01-14 2020-12-31 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 102,661 4,776 4.88 4,886 8.48 0.7032
2020-11-02 2020-09-30 13F FIRST TRUST SENIOR LOAN ETF LOAN ETF 33738D309 97,885 1,152 1.19 4,504 3.18 0.8015
2020-07-31 2020-06-30 13F FIRST TRUST SENIOR LOAN ETF ETF 33738D309 96,733 1,500 1.58 4,365 9.67 0.8498
2020-04-30 2020-03-31 13F FIRST TRUST SENIOR LOAN ETF SENIOR LOAN ETF 33738D309 95,233 -73 -0.08 3,980 -12.85 0.9192
2020-01-29 2019-12-31 13F FIRST TRUST SENIOR LOAN ETF SENIOR LOAN ETF 33738D309 95,306 95,306 4,567 0.8164
2019-10-31 2019-09-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD SENIOR LN FD 33738D309 0 -4,357 -100.00 0 -100.00
2019-08-14 2019-06-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD SENIOR LN FD 33738D309 4,357 4,357 205 0.0469
2019-05-03 2019-03-31 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD IV SENIOR LN FD 33738D309 0 -6,379 -100.00 0 -100.00
2019-02-06 2018-12-31 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD IV SENIOR LN FD 33738D309 6,379 -79 -1.22 290 -6.45 0.0848
2018-10-09 2018-09-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD IV SENIOR LN FD 33738D309 6,458 -54 -0.83 310 -0.32 0.0799
2018-08-01 2018-06-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD SENIOR LN FD 33738D309 6,512 -552 -7.81 311 -8.53 0.0869
2018-05-15 2018-03-31 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD SENIOR LN FD 33738D309 7,064 643 10.01 340 10.39 0.0853
2018-05-15 2017-12-31 13F/A-1 FIRST TR EXCHANGE TRADED FD SENIOR LN FD 33738D309 6,421 -35 -0.54 308 -0.96 0.0778
2018-08-02 2017-09-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD EXCHANGE TRADED FD IV SENIOR LN FD 33738D309 6,456 607 10.38 311 9.89 0.1032
2018-08-30 2017-06-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD IV SENIOR LN FD 33738D309 5,849 222 3.95 283 4.04 0.0893
2018-09-05 2017-03-31 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD IV SENIOR LN FD 33738D309 5,627 357 6.77 272 6.25 0.1059
2018-09-10 2016-12-31 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD SENIOR LN FD 33738D309 5,270 1,068 25.42 256 25.49 0.1218
2018-09-25 2016-09-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD SENIOR LN FD 33738D309 4,202 -596 -12.42 204 -10.92 0.0993
2018-10-01 2016-06-30 13F FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD IV SENIOR LN FD 33738D309 4,798 4,798 229 0.1215
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.