First Trust Tactical High Yield ETF Sets October Distribution at $0.22

First Trust Tactical High Yield ETF (HYLS) will pay $0.22 per share for October, keeping its distribution at September’s level as the fund pursues its primary objective of current income. Oct. 21 was the ex-dividend date and the record date for the October distribution. Payment is scheduled for Oct. 30. The prior month’s $0.22-per-share distribution was paid Sept. 30, after ex-dividend and record dates of Sept. 24. HYLS is actively managed. Alongside current income, it has a secondary objective of capital appreciation.

Source: TokenPost