First Trust Senior Loan ETF (NASDAQ:FTSL) Plans Monthly Dividend of $0.24

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, May 20th, NASDAQ Dividends reports. Investors of record on Thursday, May 21st will be given a dividend of 0.235 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, May 21st.

First Trust Senior Loan ETF Trading Down 0.5%

NASDAQ FTSL traded down $0.23 on Thursday, reaching $44.93. The company had a trading volume of 199,098 shares, compared to its average volume of 337,909. The company’s fifty day moving average is $45.01 and its 200 day moving average is $45.44. First Trust Senior Loan ETF has a 52-week low of $44.37 and a 52-week high of $46.19.

First Trust Senior Loan ETF Company Profile

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.