First Trust Senior Loan ETF (NASDAQ:FTSL) Shareholders to Receive $0.23 Monthly Dividend

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

First Trust Senior Loan ETF Price Performance

First Trust Senior Loan ETF stock traded down $0.21 during mid-day trading on Wednesday, hitting $44.36. The stock had a trading volume of 43,363 shares, compared to its average volume of 301,378. The stock has a 50-day simple moving average of $44.80 and a two-hundred day simple moving average of $44.90. First Trust Senior Loan ETF has a 12 month low of $44.34 and a 12 month high of $46.09.

About First Trust Senior Loan ETF

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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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