First Trust Senior Loan ETF (FTSL) to Issue Monthly Dividend of $0.23 on August 31st

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Stockholders of record on Friday, August 21st will be given a dividend of 0.225 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Friday, August 21st.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $44.76 on Friday. First Trust Senior Loan ETF has a twelve month low of $44.37 and a twelve month high of $46.15. The firm has a fifty day simple moving average of $44.87 and a 200 day simple moving average of $44.97.

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.