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

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Tuesday, January 20th. Shareholders of record on Wednesday, January 21st will be paid a dividend of 0.24 per share on Friday, January 30th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Wednesday, January 21st.

First Trust Senior Loan ETF Stock Performance

FTSL opened at $46.02 on Wednesday. The stock has a fifty day moving average of $45.93 and a 200-day moving average of $45.93. First Trust Senior Loan ETF has a 12-month low of $44.30 and a 12-month high of $46.52.

About First Trust Senior Loan ETF

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.