HYLS
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First Trust Tactical High Yield Etf
41.74
-0.07 (-0.17%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 41.81
Day's Range: 41.73 - 41.8242
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When Written:
39.73
The First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that seeks to provide investors with high current income by investing in a diversified portfolio of high yield bonds. The ETF is actively managed and uses a tactical approach to investing in high yield bonds, meaning that the portfolio manager will adjust the fund's holdings based on market conditions and other factors.
The ETF invests primarily in U.S. dollar-denominated high yield bonds, with a focus on those rated below investment grade. The portfolio may also include other types of fixed income securities, such as convertible bonds and preferred stocks.
As of August 2021, the HYLS ETF had total net assets of approximately $3.3 billion and an expense ratio of 0.55%. The ETF's current yield is around 4.5%.
Investors should be aware that investing in high yield bonds involves greater risk than investing in investment grade bonds, as high yield bonds are more susceptible to default and other credit risks. Additionally, the ETF's active management strategy may result in higher trading costs and may not always outperform its benchmark index.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The ETF invests primarily in U.S. dollar-denominated high yield bonds, with a focus on those rated below investment grade. The portfolio may also include other types of fixed income securities, such as convertible bonds and preferred stocks.
As of August 2021, the HYLS ETF had total net assets of approximately $3.3 billion and an expense ratio of 0.55%. The ETF's current yield is around 4.5%.
Investors should be aware that investing in high yield bonds involves greater risk than investing in investment grade bonds, as high yield bonds are more susceptible to default and other credit risks. Additionally, the ETF's active management strategy may result in higher trading costs and may not always outperform its benchmark index.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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