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1D
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YTD
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ALL
AUM
$1.80B
P/E ratio
--
Dividend yield
6.4848%
Expense ratio
0.79%
Beta
0.420528
Previous close
$41.31
Today's open
$41.33
Day's range
$41.20 - $41.33
52 week range
$39.49 - $42.40
show more
Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Bonds
Domestic
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: February 20, 2026 Record Date: February 20, 2026 Payable Date: February 27, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund.
Business Wire • Feb 19, 2026

Junk bonds: Avoid the HYLS ETF and buy ANGL and HYLB instead
High-yield corporate bonds are generating strong returns this year, helped by higher interest rates by the Federal Reserve. Most of these ETFs are yielding over 6%, higher than short-term government bonds and dividends.
Invezz • Jun 4, 2024

HYLS: Strong High-Yield Corporate Bond ETF, 6% Yield
HYLS offers a 6.0% yield and has outperformed most peers since inception. HYLS is riskier and pricier than its peers, with a 1.27% expense ratio. I rank HYLS as a buy, but I think there is a better alternative.
Seeking Alpha • Jan 11, 2024

4 Strong High-Yield Corporate Bond ETFs, With Yields Of 5.2% - 7.4%
Federal Reserve hikes have caused yields to increase across fixed-income asset classes. High-yield bonds and bond funds offer particularly high, growing yields. An overview of four of these funds follows.
Seeking Alpha • Nov 29, 2023

U.S. ETF Fee Compression Slows
By Elisabeth Kashner, CFA | August 2, 2023 In the U.S., ETF fee compression slowed dramatically in the first half of 2023. This year in the six months through June 2023, ETF expenses fell just 0.
ETF Trends • Aug 4, 2023

HYLS: Even With An 8+% Yield, This Junk Bond ETF Isn't Worth It
First Trust Tactical High Yield ETF holds a significant percentage of low-rated junk bonds that have high default rates, especially during economic downturns. The junk bond spread over 10-year treasury bonds is below the historic trend line, suggesting that the risks of junk bonds are not adequately priced in. I rate HYLS a Sell.
Seeking Alpha • Jul 3, 2023

HYLS: Strong High Yield Corporate Bond ETF, 6.3% Yield
High yield corporate bond ETFs offer investors strong, growing dividends. HYLS is a strong high yield corporate bond ETF, yielding 6.3%.
Seeking Alpha • Nov 5, 2022

It's Time for Income Investing to Shine Again
For income investors, the bright side to the bear market in the first half of 2022 is that yields are higher than they have been in quite a while.
GuruFocus • Jul 6, 2022

Swap Options For Reducing Discount Risk And Not Sacrificing A Ton Of Yield
In counter-cyclical investing, we want to buy CEFs when discounts are wide and sell them when discounts are tight. The problem we run into is that when we swap, we give up the upside of the NAVs should the bull market continue. We also give up higher income streams.
Seeking Alpha • Jul 15, 2021

HYLS: Strong And Simple High Yield ETF, 5.2% Yield
HYLS invests in high yield corporate bonds. The fund offers investors a stable share price and 5.2% yield.
Seeking Alpha • Mar 30, 2021

¹ Disclosures

Open an M1 investment account to buy and sell First Trust Tactical High Yield ETF commission-free¹. Build wealth for the long term using automated trading and transfers.