HYLS
·NASDAQ
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Key Stats
Assets Under Management
1.76BUSD
Fund Flows (1Y)
105.72MUSD
Dividend Yield
6.41%
Discount/Premium to NAV
0.22%
Shares Outstanding
42.25M
Expense Ratio
1.05%
About First Trust Tactical High Yield ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Feb 25, 2013
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
HYLS offers an actively-managed portfolio of high-yield debts with the added twist of shorting debt instruments it expects to underperform. While it goes long on high-yield securities, it can short (up to 30%) any debt instruments expected to underperform. The fund can also invest up to 15% of its assets in distressed debt and up to 10% in locally denominated foreign debts, giving the fund its global reach. The bulk of HYLS's debt is rated in the BB to CCC+ range and mostly concentrated in the media, healthcare, and hotels & leisure sector. Still, as an active fund, HYLS has the flexibility to change its long/short exposure quickly and it isn't limited to USD-denominated debt.
Classification
Asset Class
Fixed Income
Category
Corporate, Broad-based
Focus
High Yield
Niche
Broad Maturities
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.05% | -1.30% | +0.60% | +0.80% | +5.20% | -14.16% |
NAV Total Return | +0.41% | +1.21% | +7.52% | +6.74% | +27.09% | +18.01% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
GRAHAM PACKAGING/GPC CAP 7.125%, due 08/15/2028
1.88%
LIGHTNING POWER LLC 7.25%, due 08/15/2032
1.63%
1011778 BC / NEW RED FIN 4%, due 10/15/2030
1.38%
ONEDIGITAL BORROWER LLC Variable rate, due 07/02/2032
1.36%
 6%, due 12/15/2029.png){kind=icon}
UNITED RENTALS (NORTH AMERICA) 6%, due 12/15/2029
1.29%
PANTHER ESCROW ISSUER 7.125%, due 06/01/2031
1.26%
ARDONAGH FINCO LTD 7.75%, due 02/15/2031
1.22%
US Dollar
1.22%
BALDWIN INSUR GRP/FIN 7.125%, due 05/15/2031
1.16%
ACRISURE LLC / FIN INC 7.50%, due 11/06/2030
1.15%
Top 10 Weight 13.55%
332 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.223 |
| 2025-11-21 | 2025-11-21 | 2025-11-28 | 0.220 |
| 2025-10-21 | 2025-10-21 | 2025-10-31 | 0.225 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.240 |
| 2025-08-21 | 2025-08-21 | 2025-08-29 | 0.240 |
| 2025-07-22 | 2025-07-22 | 2025-07-31 | 0.230 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.220 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
