First Trust Senior Loan ETF to Issue Monthly Dividend of $0.23 (NASDAQ:FTSL)

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.225 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL traded down $0.21 on Thursday, reaching $44.73. 12,215 shares of the company’s stock traded hands, compared to its average volume of 286,715. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.13. The business’s 50 day simple moving average is $44.89 and its two-hundred day simple moving average is $44.93.

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.