First Trust Senior Loan ETF (NASDAQ:FTSL) Declares Monthly Dividend of $0.24

First Trust Senior Loan ETF (NASDAQ:FTSL) declared a monthly dividend on Thursday, February 19th. Stockholders of record on Friday, February 20th will be given a dividend of 0.24 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, February 20th.

First Trust Senior Loan ETF Stock Down 0.5%

Shares of NASDAQ:FTSL traded down $0.24 during midday trading on Friday, reaching $45.11. 26,480 shares of the company’s stock were exchanged, compared to its average volume of 298,888. First Trust Senior Loan ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.19. The firm’s 50 day simple moving average is $45.74 and its two-hundred day simple moving average is $45.85.

First Trust Senior Loan ETF Company Profile

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities. FTSL was launched on May 1, 2013 and is managed by First Trust.