HYLS

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

$40.69

+0.00%

Market closed. Last update: 2:17 AM ET

📎 Investment Objective

The First Trust Tactical High Yield ETF seeks to provide current income by investing primarily in high-yield corporate bonds.

Overview

ETF tracking First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

Category High Yield

Issuer First Trust

Inception Date 2013-02-27

Market Cap $1.8B

Average Volume N/A

Dividend Yield 5.59%

52-Week Range $39.80 - $42.32

VWAP $40.72

Performance

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Investment Summary

📎 Investment Objective

The First Trust Tactical High Yield ETF seeks to provide current income by investing primarily in high-yield corporate bonds.

🎯 Investment Strategy

The fund uses a tactical, rules-based approach to invest in a portfolio of high-yield corporate bonds. It aims to adjust its exposure based on market conditions to manage risk and generate income.

✨ Key Features

Focuses on high-yield corporate bonds to generate income
Employs a tactical, rules-based investment strategy to manage risk
Diversified portfolio of high-yield fixed income securities
Actively managed to adapt to changing market conditions

⚠️ Primary Risks

High-yield bonds carry a greater risk of default and price volatility than investment-grade bonds
Tactical investment strategy may not always be successful in managing risk
Interest rate risk as bond prices decline when rates rise
Credit risk if the financial condition of bond issuers deteriorates

👤 Best For

This ETF may be suitable for investors seeking current income and willing to accept the higher risk and volatility associated with high-yield corporate bonds. It may be most appropriate as a component of a diversified fixed income allocation.