First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Announces $0.22 Monthly Dividend

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.22 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, September 24th.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Performance

NASDAQ HYLS traded down $0.23 on Thursday, reaching $39.74. The stock had a trading volume of 27,207 shares, compared to its average volume of 241,185. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.68 and a 1 year high of $42.40. The business has a 50 day moving average price of $40.53 and a 200 day moving average price of $40.73.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile

The First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund is an actively managed fund holding up to 130% in long positions in high yield bonds it expects to outperform, and up to 30% short positions in issues it expects to underperform. HYLS was launched on Feb 27, 2013 and is managed by First Trust.