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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Wednesday, June 26th, NASDAQ reports. Investors of record on Thursday, June 27th will be paid a dividend of 0.2175 per share on Friday, June 28th. This represents a $2.61 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date is Thursday, June 27th.

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

Shares of NASDAQ HYLS traded up $0.04 during midday trading on Thursday, reaching $40.67. 244,024 shares of the company traded hands, compared to its average volume of 171,838. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $37.78 and a 52 week high of $41.79. The stock has a 50-day moving average price of $40.65 and a 200 day moving average price of $40.97.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.