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

First Trust Senior Loan ETF (NASDAQ:FTSL – Get Free Report) announced a monthly dividend on Tuesday, October 20th. Investors of record on Wednesday, October 21st will be given a dividend of $0.2250 per share on Friday, October 30th. This represents a $2.70 annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, October 21st.

First Trust Senior Loan ETF Price Performance

FTSL traded down $0.20 during midday trading on Wednesday, reaching $44.37. The company’s stock had a trading volume of 50,401 shares, compared to its average volume of 301,424. First Trust Senior Loan ETF has a 1 year low of $44.34 and a 1 year high of $46.09. The stock’s 50-day moving average is $44.80 and its 200-day moving average is $44.90.

First Trust Senior Loan ETF Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for First Trust Senior Loan ETF (NASDAQ:FTSL)

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