First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) to Issue Monthly Dividend of $0.21 on September 30th

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.2075 per share on Monday, September 30th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date is Thursday, September 26th.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.5 %

Shares of HYLS stock opened at $41.94 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $37.78 and a one year high of $42.27. The stock has a fifty day moving average price of $41.48 and a 200 day moving average price of $41.02.

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.