First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) to Issue Monthly Dividend of $0.22 on March 31st

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.215 per share on Monday, March 31st. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.30%. The ex-dividend date is Thursday, March 27th.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.6 %

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $40.95 on Friday. The business’s 50 day simple moving average is $41.50 and its 200 day simple moving average is $41.65. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.12 and a 12 month high of $42.55.

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.