First Trust Tactical High Yield ETF (HYLS)
HYLS Price Chart
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HYLS ETF Profile
Key details and information about First Trust Tactical High Yield ETF (HYLS).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
27 Feb 2013
Country
US
Description
The First Trust Tactical High Yield ETF operates as an actively managed exchange-traded fund (ETF). Its foremost objective is to generate current income, while a secondary goal involves pursuing capital appreciation. In typical market conditions, the fund allocates at least 80% of its net assets (including any funds borrowed for investment purposes) to high-yield debt instruments. These instruments are either rated below investment grade at the time of their purchase or are unrated but considered by the fund's advisor to be of equivalent quality.
HYLS ETF Performance
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