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First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) Price, Holdings, & News

$40.65
-0.03 (-0.07%)
(As of 12/5/2023 ET)
Compare
Today's Range
$40.49
$40.79
50-Day Range
$38.23
$40.71
52-Week Range
$37.78
$41.16
Volume
245,322 shs
Average Volume
226,710 shs
Market Capitalization
$1.46 billion
Assets Under Management
$1.44 billion
Dividend Yield
6.08%
Net Expense Ratio
1.13%
HYLS stock logo

About First Trust Exchange-Traded Fund IV 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

Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
See More Headlines
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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
309

Fund Statistics

Assets Under Management
$1.44 billion
Average Daily Volume
$195,166.40
Discount/Premium
0.07%

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
10,400 shs

Miscellaneous

Beta
0.45
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Expenses

TypeHYLSHigh Yield ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.43%0.32%0.47%0.51%
Other Expenses0.18%0.30%0.28%0.29%0.57%
Total Expense1.13%0.49%0.40%0.56%0.69%
Fee Waiver0.00%-0.30%-0.25%-0.21%-0.58%
Net Expense1.13%0.43%0.35%0.52%0.57%

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) Holdings & Exposure

Top 10 HYLS Holdings

  • Amwins Group Inc 4.875%
    Holding Weight: 3.30%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 3.28%
  • HUB International Ltd.
    Holding Weight: 3.07%
  • SS&C Technologies, Inc. 5.5%
    Holding Weight: 2.68%
  • Nexstar Escrow Inc 5.625%
    Holding Weight: 2.51%
  • Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.75%
    Holding Weight: 2.39%
  • AssuredPartners Inc 5.625%
    Holding Weight: 2.10%
  • Verscend Escrow Corp 9.75%
    Holding Weight: 2.03%
  • Verscend Holding Corp Vcvhho Tl 08/27/25
    Holding Weight: 1.84%
  • Graham Packaging Company Inc 7.125%
    Holding Weight: 1.76%

HYLS Sector Exposure

HYLS Industry Exposure















HYLS ETF - Frequently Asked Questions

How have HYLS shares performed in 2023?

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF's stock was trading at $38.94 at the beginning of the year. Since then, HYLS shares have increased by 4.4% and is now trading at $40.65.
View the best growth stocks for 2023 here
.

Are investors shorting First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF?

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 10,400 shares, a decline of 92.0% from the October 31st total of 130,700 shares. Based on an average daily volume of 222,200 shares, the short-interest ratio is presently 0.0 days.
View First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF's Short Interest
.

How often does First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF pay dividends? What is the dividend yield for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF?

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF announced a monthly dividend on Monday, November 20th. Shareholders of record on Wednesday, November 22nd will be paid a dividend of $0.215 per share on Thursday, November 30th. This represents a $2.58 annualized dividend and a dividend yield of 6.35%. The ex-dividend date is Tuesday, November 21st.
Read our dividend analysis for HYLS
.

What does HYLS invest in?

First Trust Exchange-Traded Fund IV 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 Exchange-Traded Fund IV First Trust Tactical High Yield ETF?

First Trust Exchange-Traded Fund IV 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 Exchange-Traded Fund IV First Trust Tactical High Yield ETF own?
Who are First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF's major shareholders?

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (11.63%), LPL Financial LLC (5.88%), One Capital Management LLC (3.79%), UBS Group AG (2.89%), Royal Bank of Canada (1.58%) and Park National Corp OH (1.14%).

How do I buy shares of First Trust Exchange-Traded Fund IV 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:HYLS) was last updated on 12/6/2023 by MarketBeat.com Staff

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