First Trust Senior Loan ETF Announces Monthly Dividend of $0.23 (NASDAQ:FTSL)

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Stockholders of record on Friday, August 21st will be paid a dividend of 0.225 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, August 21st.

First Trust Senior Loan ETF Trading Down 0.5%

Shares of NASDAQ FTSL traded down $0.24 during mid-day trading on Friday, reaching $44.76. The company had a trading volume of 233,030 shares, compared to its average volume of 288,355. The business’s 50-day moving average is $44.88 and its 200-day moving average is $44.97. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.15.

About First Trust Senior Loan ETF

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.