Previous Close | 16.64 |
Open | 16.66 |
Bid | 14.50 x 1000 |
Ask | 16.60 x 800 |
Day's Range | 16.49 - 16.70 |
52 Week Range | 12.15 - 16.70 |
Volume | 88,767 |
Avg. Volume | 87,183 |
Net Assets | 468.59M |
NAV | 16.64 |
PE Ratio (TTM) | N/A |
Yield | 5.00% |
YTD Daily Total Return | 11.99% |
Beta (5Y Monthly) | 1.74 |
Expense Ratio (net) | 0.68% |
Inception Date | 2012-08-13 |
A new exchange-traded fund (ETF) has been created for this demographic, and presents itself as an alternative to annuities that aims to offer a steady 7% annual distribution rate to its investors. HNDL claims to be the first ETF designed to pay investors a consistent monthly distribution.
First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.