First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) to Issue Monthly Dividend of $0.21 on April 30th

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Monday, April 22nd, NASDAQ reports. Investors of record on Wednesday, April 24th will be given a dividend of 0.2125 per share on Tuesday, April 30th. This represents a $2.55 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date is Tuesday, April 23rd.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.4 %

HYLS stock opened at $40.43 on Wednesday. The business has a fifty day moving average price of $41.00 and a 200 day moving average price of $40.57. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $37.78 and a fifty-two week high of $41.79.

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.