First Trust Senior Loan ETF (NASDAQ:FTSL) Declares $0.29 Monthly Dividend

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.29 per share on Monday, September 30th. This represents a $3.48 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL traded down $0.04 during trading hours on Thursday, reaching $45.90. 354,185 shares of the company traded hands, compared to its average volume of 280,576. The firm’s 50-day moving average is $45.97 and its 200-day moving average is $46.06. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99.

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.