First Trust High Income Strategic Focus ETF to Issue Monthly Dividend of $0.17 (NASDAQ:HISF)

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.169 per share on Friday, November 29th. This represents a $2.03 annualized dividend and a dividend yield of 4.60%. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust High Income Strategic Focus ETF Price Performance

NASDAQ:HISF traded down $0.17 during mid-day trading on Thursday, reaching $44.08. The stock had a trading volume of 7,838 shares, compared to its average volume of 4,185. The company has a market capitalization of $44.08 million, a price-to-earnings ratio of 0.06 and a beta of 0.46. First Trust High Income Strategic Focus ETF has a 1-year low of $42.95 and a 1-year high of $45.96. The stock’s 50 day simple moving average is $44.89 and its two-hundred day simple moving average is $44.52.

About First Trust High Income Strategic Focus ETF

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.