First Trust Senior Loan ETF (NASDAQ:FTSL) Announces $0.30 Monthly Dividend

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Monday, April 22nd, NASDAQ reports. Shareholders of record on Wednesday, April 24th will be given a dividend of 0.295 per share on Tuesday, April 30th. This represents a $3.54 annualized dividend and a yield of 7.69%. The ex-dividend date is Tuesday, April 23rd.

First Trust Senior Loan ETF Price Performance

First Trust Senior Loan ETF stock opened at $46.04 on Wednesday. First Trust Senior Loan ETF has a fifty-two week low of $44.53 and a fifty-two week high of $46.99. The stock’s fifty day moving average is $46.18 and its two-hundred day moving average is $45.99.

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.