NASDAQ:HYLS

First Trust Tactical High Yield ETF (HYLS) Price, Holdings, & News

$40.50
+0.17 (+0.42%)
(As of 04/22/2024 ET)
Today's Range
$40.36
$40.51
50-Day Range
$40.20
$41.42
52-Week Range
$37.78
$41.79
Volume
122,123 shs
Average Volume
187,103 shs
Market Capitalization
$1.45 billion
Assets Under Management
$1.44 billion
Dividend Yield
6.22%
Net Expense Ratio
1.13%
HYLS stock logo

About First Trust Tactical High Yield ETF (NASDAQ:HYLS)

The 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 managed by First Trust.

HYLS Stock Price History

HYLS ETF News Headlines

First Trust Tactical High Yield ETF (HYLS)
Incredible Opportunity to Retire FAST!
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
HYLS: Strong High-Yield Corporate Bond ETF, 6% Yield
Incredible Opportunity to Retire FAST!
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
See More Headlines
Receive HYLS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Trust Tactical High Yield ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
First Trust
Fund Name
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:HYLS
Inception Date
2/25/2013
Fund Manager
William Housey, Jeffrey Scott
Web
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Corporate
Focus
High Yield
Development Level
Blended Development
Region
Global
Number of Holdings
324

Fund Statistics

Assets Under Management
$1.44 billion
Average Daily Volume
$200,152.70
Discount/Premium
-0.02%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
First Trust Advisors L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
First Trust Portfolios L.P.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
N/A
Short Interest
53,600 shs

Miscellaneous

Beta
0.27
Creation Unit
50,000
Creation Fee
$500.00
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

First Trust Tactical High Yield ETF Expenses

TypeHYLSHigh Yield ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.43%0.32%0.48%0.51%
Other Expenses0.18%0.28%0.26%0.34%0.58%
Total Expense1.13%0.50%0.40%0.58%0.70%
Fee Waiver0.00%-0.30%-0.24%-0.22%-0.57%
Net Expense1.13%0.43%0.35%0.54%0.58%

First Trust Tactical High Yield ETF (HYLS) Holdings & Exposure

Top 10 HYLS Holdings

  • Nexstar Escrow Inc 5.625%
    Holding Weight: 2.65%
  • SS&C Technologies, Inc. 5.5%
    Holding Weight: 2.62%
  • Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.75%
    Holding Weight: 2.59%
  • Verscend Escrow Corp 9.75%
    Holding Weight: 2.16%
  • United Rentals (North America), Inc. 6%
    Holding Weight: 2.15%
  • Graham Packaging Company Inc 7.125%
    Holding Weight: 2.03%
  • 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%
    Holding Weight: 1.88%
  • Gray Television, Inc. 5.875%
    Holding Weight: 1.88%
  • Select Medical Corporation 6.25%
    Holding Weight: 1.84%
  • AssuredPartners Inc 5.625%
    Holding Weight: 1.71%

HYLS Sector Exposure

HYLS Industry Exposure


HYLS ETF - Frequently Asked Questions

How have HYLS shares performed in 2024?

First Trust Tactical High Yield ETF's stock was trading at $41.57 at the beginning of 2024. Since then, HYLS shares have decreased by 2.6% and is now trading at $40.50.
View the best growth stocks for 2024 here
.

Are investors shorting First Trust Tactical High Yield ETF?

First Trust Tactical High Yield ETF saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 53,600 shares, an increase of 45.7% from the March 15th total of 36,800 shares. Based on an average daily volume of 183,400 shares, the short-interest ratio is presently 0.3 days.
View First Trust Tactical High Yield ETF's Short Interest
.

How often does First Trust Tactical High Yield ETF pay dividends? What is the dividend yield for First Trust Tactical High Yield ETF?

First Trust Tactical High Yield ETF declared a monthly dividend on Wednesday, March 20th. Investors of record on Friday, March 22nd will be paid a dividend of $0.22 per share on Thursday, March 28th. This represents a $2.64 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for HYLS
.

What does HYLS invest in?

First Trust Tactical High Yield ETF is a fixed income fund issued by First Trust. HYLS focuses on high yield investments. The fund's investments total to approximately $1.44 billion assets under management.

What is the management fee for First Trust Tactical High Yield ETF?

First Trust Tactical High Yield ETF's management fee is 0.95% and has other expenses of 0.18%. The net expense ratio for HYLS is 1.13%.

What other stocks do shareholders of First Trust Tactical High Yield ETF own?
Who are First Trust Tactical High Yield ETF's major shareholders?

First Trust Tactical High Yield ETF's stock is owned by a number of institutional and retail investors. Top institutional investors include Park National Corp OH (1.06%), KMG Fiduciary Partners LLC (0.73%), Raymond James Financial Services Advisors Inc. (0.44%), Elevated Capital Advisors LLC (0.20%), Quad Cities Investment Group LLC (0.15%) and EWG Elevate Inc. (0.14%).

How do I buy shares of First Trust Tactical High Yield ETF?

Shares of HYLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HYLS) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners