First Trust Senior Loan ETF (NASDAQ:FTSL) Plans $0.24 Monthly Dividend

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Thursday, February 19th. Stockholders of record on Friday, February 20th will be given a dividend of 0.24 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, February 20th.

First Trust Senior Loan ETF Stock Down 0.5%

Shares of FTSL stock traded down $0.24 on Friday, reaching $45.11. 26,480 shares of the company were exchanged, compared to its average volume of 298,888. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.19. The business has a 50-day moving average price of $45.74 and a 200 day moving average price of $45.85.

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.