About First Trust Tactical High Yield ETF (HYLS)

The First Trust Tactical High Yield ETF (HYLS) is a popular exchange-traded fund that offers investors exposure to the high yield corporate bond market. This ETF seeks to provide investors with current income while also actively managing risk through its tactical allocation strategy. With a focus on high yield bonds, HYLS aims to generate attractive income for investors while also taking advantage of potential price appreciation in the bond market.

One key feature of HYLS is its active management approach. The fund's portfolio managers have the flexibility to adjust the fund's holdings based on their assessment of market conditions and credit quality. This allows the fund to potentially mitigate downside risk and capture opportunities for alpha generation. Through its active management strategy, HYLS aims to provide investors with a higher level of risk-adjusted returns compared to passive high yield bond funds.