First Trust Senior Loan Fund (NASDAQ:FTSL) Declares Monthly Dividend of $0.21

First Trust Senior Loan Fund (NASDAQ:FTSL – Get Rating) announced a monthly dividend on Thursday, September 22, Zacks reports. Shareholders of record on Monday, September 26 will receive a dividend of 0.21 per share on Friday, September 30. This represents an annualized dividend of $2.52 and a dividend yield of 5.66%. The ex-dividend date is Friday, September 23. This is a positive change from the previous monthly dividend of $0.17 from the First Trust Senior Loan Fund.

Shares of First Trust Senior Loan Fund fall 0.5%

Shares of FTSL opened at $44.49 on Friday. The company has a 50-day moving average price of $45.40 and a 200-day moving average price of $45.77. The First Trust Senior Loan Fund has a fifty-two week minimum of $43.80 and a fifty-two week maximum of $48.13.

Institutional investors weigh in on First Trust senior loan fund

Hedge funds have recently changed their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of First Trust Senior Loan Fund by 74.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 802 shares of the company worth $38,000 after purchasing an additional 342 shares during the period. KC Investment Advisors LLC acquired a new stake in First Trust Senior Loan Fund during the first quarter worth approximately $260,000. Sawtooth Solutions LLC acquired a new stake in First Trust Senior Loan Fund during the first quarter, valued at approximately $359,000. Captrust Financial Advisors increased its position in First Trust Senior Loan Fund by 563.6% during the second quarter. Captrust Financial Advisors now owns 10,836 shares of the company valued at $478,000 after acquiring 9,203 additional shares in the last quarter. Finally, Equitable Holdings Inc. increased its position in First Trust Senior Loan Fund by 21.9% during the first quarter. Equitable Holdings Inc. now owns 15,399 shares of the company valued at $725,000 after acquiring 2,763 additional shares in the last quarter.

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Dividend History for First Trust Senior Loan Fund (NASDAQ:FTSL)

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