First Trust Tactical High Yield ETF (HYLS)
| Assets | $1.66B |
| Expense Ratio | 1.02% |
| PE Ratio | n/a |
| Shares Out | 40.00M |
| Dividend (ttm) | $2.59 |
| Dividend Yield | 6.23% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +0.22% |
| Volume | 394,872 |
| Open | 41.32 |
| Previous Close | 41.29 |
| Day's Range | 41.32 - 41.54 |
| 52-Week Low | 40.12 |
| 52-Week High | 42.55 |
| Beta | 0.48 |
| Holdings | 362 |
| Inception Date | Feb 27, 2013 |
About HYLS
Fund Home PageThe First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund is an actively managed fund holding up to 130% in long positions in high yield bonds it expects to outperform, and up to 30% short positions in issues it expects to underperform. HYLS was launched on Feb 27, 2013 and is issued by First Trust.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.215 | n/a |
| Nov 21, 2024 | $0.208 | n/a |
| Oct 22, 2024 | $0.208 | Oct 31, 2024 |
| Sep 26, 2024 | $0.208 | Sep 30, 2024 |
| Aug 21, 2024 | $0.213 | Aug 30, 2024 |
| Jul 23, 2024 | $0.218 | Jul 31, 2024 |
News
Junk bonds: Avoid the HYLS ETF and buy ANGL and HYLB instead
High-yield corporate bonds are generating strong returns this year, helped by higher interest rates by the Federal Reserve. Most of these ETFs are yielding over 6%, higher than short-term government b...
HYLS: Strong High-Yield Corporate Bond ETF, 6% Yield
HYLS offers a 6.0% yield and has outperformed most peers since inception. HYLS is riskier and pricier than its peers, with a 1.27% expense ratio. I rank HYLS as a buy, but I think there is a better al...
4 Strong High-Yield Corporate Bond ETFs, With Yields Of 5.2% - 7.4%
Federal Reserve hikes have caused yields to increase across fixed-income asset classes. High-yield bonds and bond funds offer particularly high, growing yields. An overview of four of these funds foll...
HYLS: Even With An 8+% Yield, This Junk Bond ETF Isn't Worth It
First Trust Tactical High Yield ETF holds a significant percentage of low-rated junk bonds that have high default rates, especially during economic downturns. The junk bond spread over 10-year treasur...
HYLS: Strong High Yield Corporate Bond ETF, 6.3% Yield
High yield corporate bond ETFs offer investors strong, growing dividends. HYLS is a strong high yield corporate bond ETF, yielding 6.3%.
It's Time for Income Investing to Shine Again
For income investors, the bright side to the bear market in the first half of 2022 is that yields are higher than they have been in quite a while.
Swap Options For Reducing Discount Risk And Not Sacrificing A Ton Of Yield
In counter-cyclical investing, we want to buy CEFs when discounts are wide and sell them when discounts are tight. The problem we run into is that when we swap, we give up the upside of the NAVs shoul...
HYLS: Strong And Simple High Yield ETF, 5.2% Yield
HYLS invests in high yield corporate bonds. The fund offers investors a stable share price and 5.2% yield.
Sliding Down High Yield For Greater Returns
BB-rated bonds have outperformed CCC-rated bonds over the last year and the spread between two has widened to multi-year highs.