First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Declares Monthly Dividend of $0.18

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) declared a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.184 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Thursday, September 24th. This is a 1.1% increase from First Trust High Income Strategic Focus ETF’s previous monthly dividend of $0.18.

First Trust High Income Strategic Focus ETF Stock Performance

Shares of HISF stock traded down $0.22 during mid-day trading on Thursday, hitting $42.79. 35,832 shares of the stock were exchanged, compared to its average volume of 9,830. The stock’s fifty day simple moving average is $43.76 and its two-hundred day simple moving average is $44.20. First Trust High Income Strategic Focus ETF has a 12-month low of $42.99 and a 12-month high of $45.61. The stock has a market capitalization of $98.42 million, a price-to-earnings ratio of 0.06 and a beta of 0.27.

About First Trust High Income Strategic Focus ETF

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.