First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) to Issue $0.22 Monthly Dividend

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a monthly dividend on Thursday, February 20th, NASDAQ Dividends reports. Investors of record on Friday, February 21st will be paid a dividend of 0.215 per share on Friday, February 28th. This represents a $2.58 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Friday, February 21st.

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

NASDAQ HYLS opened at $41.45 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $40.12 and a 52 week high of $42.55. The company has a 50-day moving average price of $41.54 and a two-hundred day moving average price of $41.65.

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.