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
According to First Trust High Income Long/Short Fund’s latest financial reports and current stock price. The company's current ROE is 8.31%. This represents a change of 353.20% compared to the average of 1.83% of the last 4 quarters.
The mean historical ROE of First Trust High Income Long/Short Fund over the last ten years is 2.80%. The current 8.31% ROE has changed 196.93% with respect to the historical average. Over the past ten years (40 quarters), FSD's ROE was at its highest in in the October 2020 quarter at 11.67%. The ROE was at its lowest in in the April 2020 quarter at -12.60%.
Average
2.80%
Median
4.80%
Minimum
-18.57%
Maximum
11.66%
Discovering the peaks and valleys of First Trust High Income Long/Short Fund ROE, 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 ROE = 11.66%
Minimum Annual Increase = -7309.47%
Minimum Annual ROE = -18.57%
Year | ROE | Change |
---|---|---|
2023 | 4.80% | -125.87% |
2022 | -18.57% | -260.17% |
2021 | 11.59% | -7309.47% |
2020 | -0.16% | -101.68% |
2019 | 9.56% | -604.20% |
2018 | -1.90% | -116.26% |
2017 | 11.66% | 41.85% |
2016 | 8.22% | Infinity% |
The current ROE of First Trust High Income Long/Short Fund (FSD) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-0.72%
5-year avg
1.44%
10-year avg
2.80%
First Trust High Income Long/Short Fund’s ROE is less than Franklin Limited Duration Income Trust (12.82%), less than First Trust MLP and Energy Income Fund (6.30%), less than BlackRock Floating Rate Income Strategies Fund, Inc. (13.77%), less than Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (16.51%), less than Apollo Senior Floating Rate Fund Inc. (16.81%), less than First Trust/Abrdn Global Opportunity Income Fund (15.57%), less than Blackstone / GSO Long-Short Credit Income Fund (12.42%), less than Blackstone / GSO Senior Floating Rate Term Fund (12.39%), less than PGIM Global High Yield Fund, Inc (12.77%), less than Calamos Long/Short Equity & Dynamic Income Term Trust (3.28%), less than Virtus Global Multi-Sector Income Fund (9.07%), less than Western Asset Diversified Income Fund (15.92%), less than Western Asset Investment Grade Defined Opportunity Trust Inc. (5.65%), less than Pioneer Floating Rate Fund, Inc. (10.79%), less than The Gabelli Equity Trust Inc. PFD-G (17.75%), less than Pioneer Municipal High Income Advantage Fund, Inc. (1.51%), less than Nuveen Global High Income Fund (14.19%), less than Invesco Trust for Investment Grade Municipals (10.22%), less than Invesco Advantage Municipal Income Trust II (12.62%), less than Invesco Municipal Trust (18.14%), greater than BlackRock MuniHoldings Fund, Inc. (-1.67%), less than Invesco California Value Municipal Income Trust (18.35%),
Company | ROE | Market cap |
---|---|---|
12.82% | $266.68M | |
6.30% | $444.60M | |
13.77% | $490.43M | |
16.51% | $609.50M | |
16.81% | $231.42M | |
15.57% | $66.03M | |
12.42% | $162.79M | |
12.39% | $189.66M | |
12.77% | $527.92M | |
3.28% | $303.02M | |
9.07% | $89.49M | |
15.92% | $765.43M | |
5.65% | $180.73M | |
10.79% | $121.52M | |
17.75% | $6.70B | |
1.51% | $207.34M | |
14.19% | $303.39M | |
10.22% | $550.45M | |
12.62% | $396.99M | |
18.14% | $546.71M | |
-1.67% | $635.08M | |
18.35% | $495.19M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like First Trust High Income Long/Short Fund using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like First Trust High Income Long/Short Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is First Trust High Income Long/Short Fund's ROE?
How is the ROE calculated for First Trust High Income Long/Short Fund (FSD)?
What is the highest ROE for First Trust High Income Long/Short Fund (FSD)?
What is the 3-year average ROE for First Trust High Income Long/Short Fund (FSD)?
What is the 5-year average ROE for First Trust High Income Long/Short Fund (FSD)?
How does the current ROE for First Trust High Income Long/Short Fund (FSD) compare to its historical average?