First Trust Senior Loan ETF (NASDAQ:FTSL) Declares $0.24 Monthly Dividend

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, May 20th, NASDAQ Dividends reports. Stockholders of record on Thursday, May 21st will be given a dividend of 0.235 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Thursday, May 21st.

First Trust Senior Loan ETF Price Performance

Shares of FTSL stock traded down $0.23 during mid-day trading on Thursday, hitting $44.93. 199,098 shares of the company’s stock were exchanged, compared to its average volume of 337,909. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.19. The stock has a 50-day simple moving average of $45.01 and a two-hundred day simple moving average of $45.44.

First Trust Senior Loan ETF Company Profile

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.