First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) To Go Ex-Dividend on September 24th

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of $0.22 per share on Wednesday, September 30th. This represents a $2.64 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 2.2% decrease from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.2250.

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

NASDAQ HYLS opened at $39.65 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $39.49 and a twelve month high of $42.40. The stock has a fifty day simple moving average of $40.51 and a 200 day simple moving average of $40.72.

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.