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First Trust High Inc Long/Short - FSD STOCK NEWS

Welcome to our dedicated page for First Trust High Long/Short news (Ticker: FSD), a resource for investors and traders seeking the latest updates and insights on First Trust High Long/Short stock.

Overview of FSD

First Trust High Inc Long/Short (FSD) is a specialized closed-end fund that employs a disciplined long/short investment strategy to target high income opportunities. This fund is managed by First Trust Advisors L.P., a respected entity in the asset management industry, ensuring that its strategy is anchored in rigorous market analysis and robust risk management. By integrating both long and short positions within its portfolio, FSD aims to deliver consistent income while mitigating volatility, making it a notable option for investors seeking a balance of income generation and risk reduction.

Investment Strategy and Business Model

The core business model of FSD revolves around its unique long/short approach. This method involves taking long positions in securities that offer promising dividend yields and income potential, while simultaneously employing short positions to offset risk and capitalize on market inefficiencies. With a focus on high income strategies and a disciplined methodology, the fund emphasizes the importance of understanding what you own and investing with a long-term perspective. This balanced strategy is enhanced by periodic re-balancing and tax-efficient practices to maintain a resilient portfolio structure.

Industry Position and Market Relevance

Operating within the competitive landscape of closed-end funds and asset management, FSD distinguishes itself through its commitment to disciplined investment practices and innovative portfolio management. The fund’s approach to aligning investment decisions with detailed market research and risk control measures underpins its reputation for expertise and authoritativeness in the sector. FSD’s reorganization into the broader investment platform (ACP) underscores its strategic aim to achieve greater economies of scale, enhanced liquidity, and improved marketability, positioning it as a fund with a clear and methodical investment mission.

Core Principles and Operational Excellence

At the heart of FSD's operations are principles such as investing for the long term, maintaining discipline through regular re-balancing, and controlling taxes to optimize returns over time. The focus on these fundamental tenets reflects a deep understanding of market dynamics and reinforces the fund's commitment to providing reliable investment solutions. The governance provided by First Trust Advisors L.P. and First Trust Portfolios L.P. contributes significantly to its robust operational framework, ensuring that each decision is underpinned by thorough market insights and expert analysis.

Risk Management and Strategic Adaptation

In the realm of investment management, risk is an inherent element. FSD employs a multifaceted risk management framework designed to address market volatility through its long/short strategy. By actively monitoring and adjusting its investment positions, the fund seeks to protect investor capital and enhance the potential for income generation. This strategic adaptation is a critical component of the fund's operational excellence and provides investors with a structured approach that is both methodical and responsive.

Conclusion

In summary, First Trust High Inc Long/Short (FSD) represents a well-structured closed-end fund that leverages seasoned investment strategies to manage income and risk effectively. With its disciplined approach, expert management by First Trust Advisors L.P., and focus on long-term value creation, FSD offers a nuanced investment solution that stands out in the crowded field of asset management. Its business model, underpinned by industry best practices and detailed market analysis, provides a comprehensive framework for investors seeking a balanced, income-oriented investment vehicle.

Rhea-AI Summary
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 Long/Short (FSD)?

The current stock price of First Trust High Long/Short (FSD) is $12.22 as of July 19, 2024.

What is the market cap of First Trust High Long/Short (FSD)?

The market cap of First Trust High Long/Short (FSD) is approximately 406.8M.

What is the primary investment strategy of FSD?

FSD employs a disciplined long/short investment strategy focused on generating high income. The fund balances long positions in income-producing securities with short positions that help mitigate overall portfolio risk.

Who manages FSD?

FSD is managed by First Trust Advisors L.P., a registered investment advisor known for its rigorous market analysis and robust risk management techniques.

How does FSD generate its income?

The fund generates income by strategically selecting securities that offer dividend income and capitalizing on market inefficiencies through short positions. This combination is designed to provide a stable income stream while managing risk.

What differentiates FSD from other closed-end funds?

FSD differentiates itself through its unique long/short strategy, disciplined investment approach, and strong risk management framework. Its focus on high income, coupled with expert portfolio oversight, sets it apart in a competitive market.

How is risk managed within FSD?

Risk within FSD is managed through a comprehensive strategy that involves regular re-balancing and active monitoring of both long and short positions. This method helps to protect investor capital against market volatility.

What industry does FSD operate in?

FSD operates within the asset management and investment advisory industry, specifically within the closed-end fund category, where it uses innovative investment strategies to achieve its high income objectives.

Is there any relation between FSD and other investment funds?

Yes, FSD has undergone a reorganization process that integrated its assets into a larger investment platform, enhancing its liquidity and marketability while maintaining its core investment strategy.

How is FSD positioned in the current competitive landscape?

FSD is positioned as a specialized closed-end fund that leverages detailed market analysis and a balanced investment approach. Its structured, methodical investment strategy ensures it remains relevant in a competitive asset management environment.
First Trust High Inc Long/Short

NYSE:FSD

FSD Rankings

FSD Stock Data

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