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

ETF Overview

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.

Key Stats

• Today's Range: $41.15 to $41.29
• 50-Day Range: $41.19 to $41.77
• 52-Week Range: $40.12 to $42.55
• Volume: 419,729 shs
• Average Volume: 216,206 shs
• Market Capitalization: $1.65 billion
• Assets Under Management: $1.69 billion
• Dividend Yield: 6.22%
• Net Expense Ratio: 1.02%
• Aggregate Rating: N/A

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 $41.33 on January 1st, 2025. Since then, HYLS shares have decreased by 0.3% and is now trading at $41.19.
View the best growth stocks for 2025 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 (7.26%), First Trust Advisors LP (6.72%), Wells Fargo & Company MN (5.11%) and Royal Bank of Canada (2.04%).

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.

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 3M (MMM), Altria Group (MO), First Trust Senior Loan ETF (FTSL), MSP Recovery (LIFW), MSP Recovery (LIFW), PepsiCo (PEP) and Piper Sandler Companies (PIPR).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:HYLS
• Inception Date: 2/25/2013
• Fund Manager: William Housey, Jeffrey Scott
• Web: N/A
• Phone: 14089961010

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: $1.69 billion
• Average Daily Volume: $223,361.20
• Discount/Premium: 0.02%

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: 183,700 shs

Miscellaneous

• Outstanding Shares: 40,000,000
• Beta: 0.45
• Creation Unit: 50,000
• Creation Fee: $500.00