First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) to Issue Monthly Dividend of $0.23 on March 31st

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.225 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 1.1%

Shares of HYLS stock opened at $40.31 on Friday. The stock has a 50-day simple moving average of $41.28 and a 200 day simple moving average of $41.69. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $39.49 and a fifty-two week high of $42.40.

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.