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NASDAQ:HYLS

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

$40.23
-0.15 (-0.37%)
(As of 05/29/2024 ET)
Today's Range
$40.20
$40.32
50-Day Range
$40.20
$41.37
52-Week Range
$37.78
$41.79
Volume
143,651 shs
Average Volume
177,859 shs
Market Capitalization
$1.43 billion
Assets Under Management
$1.43 billion
Dividend Yield
6.39%
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

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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
327

Fund Statistics

Assets Under Management
$1.43 billion
Average Daily Volume
$146,943.00
Discount/Premium
-0.06%

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
37,100 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%0.48%0.51%
Other Expenses0.18%0.29%0.27%0.34%0.58%
Total Expense1.13%0.50%0.39%0.58%0.70%
Fee Waiver0.00%-0.30%-0.24%-0.22%-0.56%
Net Expense1.13%0.43%0.35%0.54%0.58%

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

Top 10 HYLS Holdings

  • SS&C Technologies, Inc. 5.5%
    Holding Weight: 2.69%
  • Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.75%
    Holding Weight: 2.68%
  • United Rentals (North America), Inc. 6%
    Holding Weight: 2.20%
  • Graham Packaging Company Inc 7.125%
    Holding Weight: 2.14%
  • 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%
    Holding Weight: 1.94%
  • Nexstar Escrow Inc 5.625%
    Holding Weight: 1.91%
  • Select Medical Corporation 6.25%
    Holding Weight: 1.88%
  • AssuredPartners Inc 5.625%
    Holding Weight: 1.80%
  • Open Text Corp 6.9%
    Holding Weight: 1.63%
  • Cars.com Inc 6.375%
    Holding Weight: 1.44%

HYLS Sector Exposure

HYLS Industry Exposure


HYLS ETF - Frequently Asked Questions

How have HYLS shares performed in 2024?

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF's stock was trading at $41.57 on January 1st, 2024. Since then, HYLS stock has decreased by 3.2% and is now trading at $40.23.
View the best growth stocks for 2024 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 increase in short interest during the month of May. As of May 15th, there was short interest totaling 37,100 shares, an increase of 144.1% from the April 30th total of 15,200 shares. Based on an average daily trading volume, of 164,800 shares, the days-to-cover ratio is presently 0.2 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, May 20th. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.2175 per share on Friday, May 31st. This represents a $2.61 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date is Tuesday, May 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 $1.43 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 a number of institutional and retail investors. Top institutional investors include Commonwealth Equity Services LLC (1.16%), Park National Corp OH (1.06%), Kingsview Wealth Management LLC (0.92%), KMG Fiduciary Partners LLC (0.73%), Csenge Advisory Group (0.73%) and Private Advisor Group LLC (0.70%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HYLS) was last updated on 5/29/2024 by MarketBeat.com Staff

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