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First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) has announced its monthly common share distribution of $0.125 per share for January, payable on January 27, 2025, to shareholders of record as of January 2, 2025. The distribution rate is 9.80% based on December 18, 2024 NAV of $15.31, and 10.32% based on the closing market price of $14.53.
The Fund invests at least 80% of its managed assets in high-yield debt securities rated below investment grade, including U.S. and non-U.S. corporate debt obligations and senior secured floating rate loans. The distribution will consist of net investment income and return of capital, with final tax status to be determined after 2025.
First Trust Advisors L.P. manages approximately $264 billion in assets as of November 30, 2024, and aims to maintain stable monthly distributions for the Fund, which is scheduled to terminate on or about August 1, 2027.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) has announced its monthly common share distribution of $0.125 per share for December, payable on December 26, 2024, to shareholders of record as of December 2, 2024. Based on November 19, 2024 figures, the distribution rate is 9.77% on NAV ($15.35) and 10.22% on market price ($14.68). The distribution will comprise net investment income and return of capital, with final tax status to be determined after 2024. The Fund invests at least 80% of managed assets in below-investment-grade debt securities and senior floating rate loans, maintaining a practice of stable monthly distributions.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) has decreased its monthly common share distribution to $0.125 per share from $0.13 per share, payable on November 25, 2024. The distribution rate is 9.70% based on the October 18, 2024 NAV of $15.47 and 10.07% based on the closing market price of $14.89. This represents a 3.85% decrease from the previous distribution.
The Fund invests at least 80% of its managed assets in high yield debt securities rated below investment grade. These include U.S. and non-U.S. corporate debt obligations and senior, secured floating rate loans. The Fund's investment objective is to provide current income, and it has a practice of seeking to maintain a relatively stable monthly distribution.
First Trust Advisors L.P. (FTA) serves as the Fund's investment advisor, with approximately $245 billion in assets under management as of September 30, 2024.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) has declared its monthly common share distribution of $0.13 per share for October, payable on October 25, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024.
Key details:
- Distribution rate based on September 18, 2024 NAV ($15.57): 10.02%
- Distribution rate based on September 18, 2024 closing market price ($14.91): 10.46%
The distribution will consist of net investment income, return of capital, and possibly net short-term realized capital gains. The Fund aims to maintain a stable monthly distribution, which may be adjusted periodically. This practice may impact the Fund's market price and premium/discount to NAV but does not affect its investment strategy.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) has declared its monthly common share distribution of $0.13 per share for September, payable on September 25, 2024, to shareholders of record as of September 3, 2024. The distribution rate is 10.12% based on the August 19, 2024 NAV of $15.41, and 10.55% based on the closing market price of $14.78.
The Fund invests at least 80% of its managed assets in high yield debt securities rated below investment grade. These include U.S. and non-U.S. corporate debt obligations and senior, secured floating rate loans. The Fund aims to provide current income and has a practice of maintaining a relatively stable monthly distribution.
First Trust Advisors L.P. (FTA) serves as the Fund's investment advisor, with approximately $235 billion in assets under management as of July 31, 2024.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) has declared its monthly common share distribution of $0.13 per share for August, payable on August 26, 2024, to shareholders of record as of August 1, 2024. The ex-dividend date is expected to be August 1, 2024.
Key details:
- Distribution rate based on July 19, 2024 NAV of $15.33: 10.18%
- Distribution rate based on July 19, 2024 closing market price of $14.67: 10.63%
The Fund invests at least 80% of its managed assets in high yield debt securities rated below investment grade. It aims to provide current income and maintain a relatively stable monthly distribution. The Fund is set to terminate on or about August 1, 2027.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) announced a monthly common share distribution of $0.13 per share for July 2024. The distribution, based on a June 18, 2024 NAV of $15.31, translates to a 10.19% distribution rate. Based on the June 18, 2024 market price of $14.01, the rate is 11.13%. The distribution will be paid on July 25, 2024, to shareholders of record as of July 1, 2024.
The Fund invests primarily in high yield debt securities rated below investment grade and aims to provide current income. The Fund's strategy may lead to fluctuations in the investment value and is subject to various market risks, including credit risk, interest rate risk, and liquidity risk.
First Trust Advisors manages assets worth approximately $226 billion and advises the Fund. Investors should note the inherent risks associated with high yield investments, which include potential loss of investment and market volatility.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) announced its monthly distribution of $0.13 per share, payable on June 25, 2024, to shareholders of record on June 3, 2024, with an ex-dividend date of June 3, 2024.
The distribution rate based on the net asset value (NAV) of $15.33 on May 17, 2024, is 10.18%, and 10.84% based on the closing market price of $14.39.
This payment includes net investment income, return of capital, and possibly net short-term capital gains. The fund emphasizes stable monthly distributions, though it may reduce NAV.
Risks highlighted include market, credit, interest rate, liquidity, reinvestment, and the potential impacts of geopolitical events and pandemics. The fund's investment focus is on high yield, below-investment-grade debt securities.
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