NASDAQ:HYLS
First Trust High Yield Long/Short ETF Company Profile
$41.71
+0.160 (+0.385%)
At Close: Feb 13, 2025
Information
800-621-1675
Industry: Asset Management
Sector: Financial Services
Description
The investment seeks current income; capital appreciation is the secondary objective. Under normal market conditions, the fund invests at least 80% of its net assets in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the fund's advisor to be of comparable quality.