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FIRST TRUST HIGH INCOME LONG/SHORT FUND - FSD STOCK NEWS

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First Trust High Income Long/Short Fund (FSD) is a diversified, closed-end management investment company based in the United States. The primary objective of the fund is to provide high current income to its investors, while its secondary goal is capital appreciation. The fund is managed by First Trust Advisors L.P., a reputable firm founded in 1991 with a mission to offer investors a better way to invest.

The fund achieves its investment objectives by deploying a long/short strategy in a diversified portfolio that spans multiple sectors including basic industry, healthcare, capital goods, telecommunications, automotive, banking, media, energy, leisure, insurance, technology, electronics, transportation, and financial services. This strategy allows the fund to take advantage of market opportunities and manage risks effectively.

Over recent years, the First Trust High Income Long/Short Fund has demonstrated consistent performance by leveraging its diversified investment approach. The fund is committed to providing inventive products and services that help financial advisors and investors develop long-term strategies, solve problems, and achieve their financial goals.

First Trust Advisors L.P. emphasizes five core principles in its investment approach: knowing what you own, investing for the long-term, employing discipline, re-balancing, and controlling taxes. These principles are designed to deliver superior results to clients and contribute to their financial prosperity.

First Trust High Income Long/Short Fund maintains a robust financial condition backed by the expertise of First Trust Advisors L.P. The fund continues to explore new investment opportunities and partnerships to enhance its portfolio and deliver value to its investors.

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First Trust Advisors L.P. announces the adjournment of the joint special meeting of shareholders of First Trust High Income Long/Short Fund (FSD) and First Trust/abrdn Global Opportunity Income Fund (FAM) for reorganizations with abrdn Income Credit Strategies Fund (ACP). Shareholders urged to vote 'FOR' the reorganization.
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First Trust Advisors L.P. announces the adjournment of a joint special meeting of shareholders of First Trust High Income Long/Short Fund (FSD) and First Trust/abrdn Global Opportunity Income Fund (FAM) to allow more time for voting on reorganizations with abrdn Income Credit Strategies Fund (ACP). Shareholders are urged to vote 'FOR' the reorganization.
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First Trust High Income Long/Short Fund (FSD) has declared a monthly distribution of $0.105 per share payable on March 15, 2024, with a distribution rate of 9.96% based on NAV and 10.77% based on market price. The Fund aims for current income and capital appreciation through high-yield corporate fixed-income securities.
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First Trust High Income Long/Short Fund (FSD) has declared a monthly distribution of $0.105 per share payable on February 15, 2024, with a distribution rate of 9.92% based on NAV and 10.82% based on the market price. The fund is a diversified, closed-end management investment company seeking to provide current income and capital appreciation. It invests in a diversified portfolio of U.S. and foreign high-yield corporate fixed-income securities.
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First Trust High Income Long/Short Fund (FSD) has declared a monthly common share distribution of $0.105 per share payable on January 16, 2024, with a distribution rate of 9.86% based on NAV and 10.90% based on the closing market price on December 19, 2023. The Fund is a diversified, closed-end management investment company with a secondary objective of capital appreciation. The Fund's investment advisor is First Trust Advisors L.P. and its investment sub-advisor is MacKay Shields LLC, with a collective asset under management of approximately $201 billion and $134.4 billion respectively as of November 30, 2023.
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FSD: First Trust High Income Long/Short Fund Declares Monthly Common Share Distribution of $0.105 per Share
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First Trust High Income Long/Short Fund declares monthly distribution of $0.105 per share
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First Trust High Income Long/Short Fund (FSD) declares monthly distribution of $0.105 per share, with a distribution rate of 10.17% based on NAV and 11.62% based on market price. The distribution consists of net investment income, return of capital, and short-term realized capital gains. Fund seeks current income and capital appreciation.
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First Trust High Income Long/Short Fund declares monthly distribution of $0.105 per share payable on September 15, 2023. Distribution rate based on NAV is 10.20% and based on closing market price is 11.42%.
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FAQ

What is the current stock price of FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD)?

The current stock price of FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) is $12.22 as of July 19, 2024.

What is the market cap of FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD)?

The market cap of FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) is approximately 406.8M.

What is the primary objective of First Trust High Income Long/Short Fund?

The primary objective is to provide high current income to its investors.

What is the secondary objective of the fund?

The secondary objective is capital appreciation.

What strategy does the fund use to achieve its investment goals?

The fund uses a long/short strategy in a diversified portfolio.

Which sectors does the fund invest in?

The fund invests in sectors such as basic industry, healthcare, capital goods, telecommunications, automotive, banking, and more.

Who manages the First Trust High Income Long/Short Fund?

The fund is managed by First Trust Advisors L.P.

When was First Trust Advisors L.P. founded?

First Trust Advisors L.P. was founded in 1991.

What are the core principles of First Trust Advisors L.P.?

The core principles are: know what you own, invest for the long-term, employ discipline, re-balance, and control taxes.

How does the fund contribute to financial prosperity?

By providing trusted investment products and advisory services to help investors achieve their goals.

What recent achievements has the fund accomplished?

The fund has shown consistent performance through its diversified investment approach.

What is the mission of First Trust Advisors L.P.?

The mission is to offer investors a better way to invest with a focus on innovative products and superior service.

FIRST TRUST HIGH INCOME LONG/SHORT FUND

NYSE:FSD

FSD Rankings

FSD Stock Data

406.82M
33.29M
37.09%
0.12%
Asset Management
Financial Services
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United States of America
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