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. Under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, goes into high-yield debt rated below investment grade when purchased or unrated securities the adviser considers comparable in quality.

The October payment is classified as an ordinary distribution. Its final tax treatment for 2026 will be determined after year-end. Ordinary distributions may include short-term capital gains realized by the fund or a return of capital.