First Trust Senior Loan ETF (FTSL) to Distribute Monthly Dividend of $0.23 on September 30th

First Trust Senior Loan ETF (NASDAQ:FTSL) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of $0.2250 per share on Wednesday, September 30th. This represents a $2.70 annualized dividend and a yield of 6.0%. The ex-dividend date is Thursday, September 24th.

First Trust Senior Loan ETF Trading Down 0.7%

Shares of FTSL stock opened at $44.63 on Friday. First Trust Senior Loan ETF has a 52-week low of $44.37 and a 52-week high of $46.13. The stock has a fifty day simple moving average of $44.88 and a two-hundred day simple moving average of $44.93.

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.