First Trust Senior Loan Fund (NASDAQ:FTSL) Announces $0.14 Monthly Dividend

First Trust Senior Loan Fund (NASDAQ:FTSLGet Rating) announced a monthly dividend on Monday, May 23rd, Zacks reports. Shareholders of record on Wednesday, May 25th will be paid a dividend of 0.142 per share on Tuesday, May 31st. This represents a $1.70 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Tuesday, May 24th.

NASDAQ FTSL traded down $0.07 on Wednesday, reaching $44.93. The company had a trading volume of 1,400 shares, compared to its average volume of 882,874. The firm’s 50 day moving average price is $46.75 and its 200 day moving average price is $47.35. First Trust Senior Loan Fund has a 12 month low of $44.88 and a 12 month high of $48.31.

Hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its holdings in shares of First Trust Senior Loan Fund by 74.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 802 shares of the company’s stock worth $38,000 after buying an additional 342 shares during the last quarter. Belpointe Asset Management LLC bought a new stake in shares of First Trust Senior Loan Fund in the 4th quarter worth about $147,000. KC Investment Advisors LLC bought a new stake in shares of First Trust Senior Loan Fund in the 1st quarter worth about $260,000. Sawtooth Solutions LLC bought a new stake in shares of First Trust Senior Loan Fund in the 1st quarter worth about $359,000. Finally, NEXT Financial Group Inc increased its holdings in shares of First Trust Senior Loan Fund by 39.0% in the 4th quarter. NEXT Financial Group Inc now owns 11,481 shares of the company’s stock worth $550,000 after buying an additional 3,220 shares during the last quarter.

See Also

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

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