First Trust Senior Loan ETF (NASDAQ:FTSL) Declares Monthly Dividend of $0.23

First Trust Senior Loan ETF (NASDAQ:FTSL) declared a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Stockholders of record on Friday, August 21st will be paid a dividend of 0.225 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, August 21st.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL traded down $0.24 during trading hours on Friday, hitting $44.76. 233,030 shares of the company traded hands, compared to its average volume of 288,355. The company’s 50 day moving average price is $44.88 and its 200 day moving average price is $44.97. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15.

About First Trust Senior Loan ETF

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.