First Trust High Income Long/Short Fund

First Trust High Income Long/Short Fundverified

FSD

Price:

$12.22

Market Cap:

$406.82M

First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market...[Read more]

Industry

Asset Management - Income

IPO Date

2010-09-28

Stock Exchange

NYSE

Ticker

FSD

The Dividend Yield as of September 2024 (TTM) for First Trust High Income Long/Short Fund (FSD) is 8.15%

According to First Trust High Income Long/Short Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 8.15%. This represents a change of 43.43% compared to the average of 5.68% of the last 4 quarters.

First Trust High Income Long/Short Fund (FSD) Historical Dividend Yield (quarterly & annually)

How has FSD Dividend Yield performed in the past?

The mean historical Dividend Yield of First Trust High Income Long/Short Fund over the last ten years is 8.12%. The current 8.15% Dividend Yield has changed 0.39% with respect to the historical average. Over the past ten years (40 quarters), FSD's Dividend Yield was at its highest in in the October 2023 quarter at 6.01%. The Dividend Yield was at its lowest in in the April 2018 quarter at 0%.

Quarterly (TTM)
Annual

Average

8.12%

Median

8.31%

Minimum

0%

Maximum

12.03%

First Trust High Income Long/Short Fund (FSD) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of First Trust High Income Long/Short Fund Dividend Yield, 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 = Infinity%

Maximum Annual Dividend Yield = 12.03%

Minimum Annual Increase = -18.48%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
202312.03%5.45%
202211.41%37.57%
20218.29%-16.47%
20209.93%20.73%
20198.22%-18.48%
201810.09%21.44%
20178.31%73.38%
20164.79%Infinity%

First Trust High Income Long/Short Fund (FSD) Average Dividend Yield

How has FSD Dividend Yield performed in the past?

The current Dividend Yield of First Trust High Income Long/Short Fund (FSD) 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

10.58%

5-year avg

9.98%

10-year avg

8.12%

First Trust High Income Long/Short Fund (FSD) Dividend Yield vs. Peers

How is FSD’s Dividend Yield compared to its peers?

First Trust High Income Long/Short Fund’s Dividend Yield is less than Franklin Limited Duration Income Trust (9.84%), less than First Trust MLP and Energy Income Fund (2.73%), less than BlackRock Floating Rate Income Strategies Fund, Inc. (11.16%), less than Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (7.51%), less than Apollo Senior Floating Rate Fund Inc. (12.54%), less than First Trust/Abrdn Global Opportunity Income Fund (11.02%), less than Blackstone / GSO Long-Short Credit Income Fund (9.70%), less than Blackstone / GSO Senior Floating Rate Term Fund (9.70%), less than PGIM Global High Yield Fund, Inc (9.98%), less than Calamos Long/Short Equity & Dynamic Income Term Trust (10.87%), less than Virtus Global Multi-Sector Income Fund (11.82%), less than Western Asset Diversified Income Fund (10.97%), less than Western Asset Investment Grade Defined Opportunity Trust Inc. (4.60%), less than Pioneer Floating Rate Fund, Inc. (11.13%), less than The Gabelli Equity Trust Inc. PFD-G (11.09%), less than Pioneer Municipal High Income Advantage Fund, Inc. (3.97%), less than Nuveen Global High Income Fund (9.57%), less than Invesco Trust for Investment Grade Municipals (5.21%), less than Invesco Advantage Municipal Income Trust II (5.27%), less than Invesco Municipal Trust (5.31%), less than BlackRock MuniHoldings Fund, Inc. (4.68%), less than Invesco California Value Municipal Income Trust (4.87%),

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