First Trust High Yield Opportunities 2027 Term Fund

First Trust High Yield Opportunities 2027 Term Fundverified

FTHY

Price:

$14.91

Market Cap:

$548.29M

First Trust High Yield Opportunities 2027 Term Fund is a diversified and closed-end management investment company. Its investment objective is to provide current income. The company was founded on June 25, 2020 and is headquartered in Wheaton, IL.[Read more]

Industry

Asset Management

IPO Date

2020-06-26

Stock Exchange

NYSE

Ticker

FTHY

The Current Ratio as of September 2024 (TTM) for First Trust High Yield Opportunities 2027 Term Fund (FTHY) is 2.09

According to First Trust High Yield Opportunities 2027 Term Fund’s latest financial reports and current stock price. The company's current Current Ratio is 2.09. This represents a change of -4.30% compared to the average of 2.18 of the last 4 quarters.

First Trust High Yield Opportunities 2027 Term Fund (FTHY) Historical Current Ratio (quarterly & annually)

How has FTHY Current Ratio performed in the past?

The mean historical Current Ratio of First Trust High Yield Opportunities 2027 Term Fund over the last ten years is 2.52. The current 2.09 Current Ratio has changed 8.20% with respect to the historical average. Over the past ten years (40 quarters), FTHY's Current Ratio was at its highest in in the May 2022 quarter at 5.89. The Current Ratio was at its lowest in in the May 2021 quarter at 0.85.

Quarterly (TTM)
Annual

Average

2.52

Median

1.66

Minimum

0.85

Maximum

5.89

First Trust High Yield Opportunities 2027 Term Fund (FTHY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First Trust High Yield Opportunities 2027 Term Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 590.93%

Maximum Annual Current Ratio = 5.89

Minimum Annual Increase = -79.04%

Minimum Annual Current Ratio = 0.85

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.0969.10%
20231.23-79.04%
20225.89590.93%

First Trust High Yield Opportunities 2027 Term Fund (FTHY) Average Current Ratio

How has FTHY Current Ratio performed in the past?

The current Current Ratio of First Trust High Yield Opportunities 2027 Term Fund (FTHY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.07

5-year avg

2.52

10-year avg

2.52

First Trust High Yield Opportunities 2027 Term Fund (FTHY) Current Ratio vs. Peers

How is FTHY’s Current Ratio compared to its peers?

First Trust High Yield Opportunities 2027 Term Fund’s Current Ratio is greater than Invesco High Income 2024 Target Term Fund (0), greater than Nuveen Corporate Income 2023 Target Term Fund (0.27), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than MFS Investment Grade Municipal Trust (3.11), greater than Eaton Vance National Municipal Opportunities Trust (0), less than Invesco High Income 2023 Target Term Fund (8.71), greater than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), greater than BlackRock MuniHoldings Fund, Inc. (0.31), less than DWS Municipal Income Trust (2.16), less than RiverNorth Flexible Municipal Income Fund II, Inc. (2.36), greater than John Hancock Income Securities Trust (0), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (1.37),

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