The First Trust Tactical High Yield ETF (HYLS) is a dynamic financial instrument designed to offer investors exposure to the high-yield segment of the corporate bond market. With its distinct focus on broad maturities, HYLS seeks to capitalize on income opportunities presented by bonds with higher yields due to their lower credit ratings. This ETF falls within the Corporate category, emphasizing a broad-based approach that diversifies across various industries and maturities within the high-yield spectrum.
HYLS employs a tactical strategy that allows it to adjust its portfolio in response to changing market conditions, aiming to optimize returns while managing risk. This flexibility can be particularly beneficial for investors looking to navigate the complexities of the high-yield bond market. By balancing potential income generation with the inherent risks of lower-rated bonds, the First Trust Tactical High Yield ETF offers a compelling option for those seeking to enhance their fixed-income portfolios with strategic exposure to high-yield corporate bonds.
Asset Class
Fixed Income
Region
Global
Issuer
First Trust
Index Tracked
No Underlying Index
Ticker Symbol
HYLS
First Trust Tactical High Yield ETF (HYLS) Fund Flow Chart
First Trust Tactical High Yield ETF (HYLS) 1 year Net Flows: $184M
HYLS ETF FAQ
What was HYLS’s price range in the past 12 months?
HYLS lowest ETF price was $40.12 and its highest was $42.55 in the past 12 months.