First Trust Senior Loan ETF (FTSL) to Issue Monthly Dividend of $0.24 on March 31st

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 0.235 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, March 26th.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock opened at $44.67 on Friday. The firm has a fifty day simple moving average of $45.21 and a two-hundred day simple moving average of $45.66. First Trust Senior Loan ETF has a 12 month low of $44.30 and a 12 month high of $46.19.

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.