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NASDAQ:HYLS

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

$41.72
-0.01 (-0.02%)
(As of 09/6/2024 ET)
Today's Range
$41.65
$41.79
50-Day Range
$40.54
$41.73
52-Week Range
$37.78
$41.79
Volume
128,397 shs
Average Volume
171,877 shs
Market Capitalization
$1.49 billion
Assets Under Management
$1.49 billion
Dividend Yield
6.26%
Net Expense Ratio
1.02%
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

RND First Trust Bloomberg R&D Leaders ETF
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
First Trust Tactical High Yield ETF (HYLS)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
HYLS: Strong High-Yield Corporate Bond ETF, 6% Yield
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
333

Fund Statistics

Assets Under Management
$1.49 billion
Average Daily Volume
$134,939.90
Discount/Premium
0.05%

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
40,600 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%0.42%0.32%0.49%0.52%
Other Expenses0.07%0.25%0.26%0.41%0.54%
Total Expense1.02%0.49%0.40%0.63%0.71%
Fee Waiver0.00%-0.30%-0.25%-0.33%-0.58%
Net Expense1.02%0.43%0.35%0.56%0.59%

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

Top 10 HYLS Holdings

  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 6.66%
  • SS&C Technologies, Inc. 5.5%
    Holding Weight: 2.64%
  • United Rentals (North America), Inc. 6%
    Holding Weight: 2.16%
  • Graham Packaging Company Inc 7.125%
    Holding Weight: 2.15%
  • 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%
    Holding Weight: 1.95%
  • Select Medical Corporation 6.25%
    Holding Weight: 1.80%
  • Open Text Corp 6.9%
    Holding Weight: 1.60%
  • Clarios Global LP 8.5%
    Holding Weight: 1.31%
  • Milano Acquisition Corp Milacq Tl 08/17/27
    Holding Weight: 1.29%
  • Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.75%
    Holding Weight: 1.20%

HYLS Sector Exposure

HYLS Industry Exposure


HYLS ETF - Frequently Asked Questions

How have HYLS shares performed this year?

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF's stock was trading at $41.57 at the beginning of 2024. Since then, HYLS shares have increased by 0.4% and is now trading at $41.72.
View the best growth stocks for 2024 here
.

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 top institutional investors include LPL Financial LLC (7.05%), Commonwealth Equity Services LLC (1.21%), Park National Corp OH (1.00%) and One Capital Management LLC (0.99%).

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.

What other stocks do shareholders of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF investors own include WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust TCW Opportunistic Fixed Income ETF (FIXD), First Trust Managed Municipal ETF (FMB), First Trust Senior Loan ETF (FTSL), First Trust Low Duration Opportunities ETF (LMBS) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD).

This page (NASDAQ:HYLS) was last updated on 9/7/2024 by MarketBeat.com Staff

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