First Trust Tactical High Yield ETF (HYLS) NASDAQ
40.69
-0.03(-0.07%)
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
40.69
-0.03(-0.07%)
Currency In USD
Address
, MA
United States of America (the)
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
February 27, 2013
The First Trust Tactical High Yield ETF is an actively managed exchange-traded fund. The fund's primary investment objective is to provide current income. The fund's secondary investment objective is to provide capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the fund's advisor to be of comparable quality.