Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the fund's advisor to be of comparable quality.
Frequently asked questions
What is the First Trust Tactical High Yield ETF (HYLS) expense ratio?
The First Trust Tactical High Yield ETF funds expense ratio is 1.02%.
What is First Trust Tactical High Yield ETF (HYLS) current stock price?
As of the latest data, First Trust Tactical High Yield ETF stock price is $40.25, with a previous close of $40.19. First Trust Tactical High Yield ETF gained $0.06 in the last trading session, representing a 0.14% increase.
Does First Trust Tactical High Yield ETF (HYLS) pay dividends?
Yes. First Trust Tactical High Yield ETF pays monthly dividends with an annualized yield of 6.75% and an estimated annual payout of $2.72 per share.
