NYSE:FSD

First Trust High Income Long/Short Fund Stock Forecast, Price & News

$14.87

-0.06 (-0.40 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$14.83

Now: $14.87▼

$14.98

50-Day Range

$14.49

MA: $14.64▼

$14.93

52-Week Range

$9.55

Now: $14.87▼

$16.01

Volume66,686 shs

Average Volume107,589 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.09%

BetaN/A

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 to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.

Overall MarketRank^™

0.50 out of 5 stars

Financial Services Sector

211th out of 399 stocks

Asset Management Industry

121st out of 181 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for First Trust High Income Long/Short Fund.

2.5 Community Rank

Outperform Votes
First Trust High Income Long/Short Fund has received 82 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Trust High Income Long/Short Fund has received 85 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Trust High Income Long/Short Fund has received 50.90% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Trust High Income Long/Short Fund and other stocks. Vote “Outperform” if you believe FSD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FSD will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
First Trust High Income Long/Short Fund has a dividend yield of 0.09%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Trust High Income Long/Short Fund has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Trust High Income Long/Short Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolNYSE:FSD

Previous Symbol

CUSIPN/A

CIK1494530

Webwww.ftportfolios.com

Phone+1-630-7658000

EmployeesN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

$14.87

-0.06 (-0.40 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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First Trust High Income Long/Short Fund (NYSE:FSD) Frequently Asked Questions

How has First Trust High Income Long/Short Fund's stock been impacted by COVID-19?

First Trust High Income Long/Short Fund's stock was trading at $13.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FSD shares have increased by 11.8% and is now trading at $14.87.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than First Trust High Income Long/Short Fund?

Wall Street analysts have given First Trust High Income Long/Short Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Trust High Income Long/Short Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How often does First Trust High Income Long/Short Fund pay dividends? What is the dividend yield for First Trust High Income Long/Short Fund?

First Trust High Income Long/Short Fund announced a monthly dividend on Monday, December 21st. Investors of record on Tuesday, January 5th will be given a dividend of $0.11 per share on Friday, January 15th. This represents a $1.32 dividend on an annualized basis and a yield of 8.88%. The ex-dividend date of this dividend is Monday, January 4th.
View First Trust High Income Long/Short Fund's dividend history.

Is First Trust High Income Long/Short Fund a good dividend stock?

First Trust High Income Long/Short Fund pays an annual dividend of $1.26 per share and currently has a dividend yield of 0.09%.
View First Trust High Income Long/Short Fund's dividend history.

Are investors shorting First Trust High Income Long/Short Fund?

First Trust High Income Long/Short Fund saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 29,500 shares, a decrease of 45.9% from the December 15th total of 54,500 shares. Based on an average daily trading volume, of 89,800 shares, the days-to-cover ratio is currently 0.3 days.
View First Trust High Income Long/Short Fund's Short Interest.

Who are some of First Trust High Income Long/Short Fund's key competitors?

Some companies that are related to First Trust High Income Long/Short Fund include (BTT.AX) (BTT), (CDI.L) (CDI), (DP3D.L) (DP3D), (TBGR.L) (TBGR), (TRE.L) (TRE), (WDE.AX) (WDE), 360 Capital Digital Infrastructure Fund (TDI.AX) (TDI), 3i Group (TGOPF), 3i Group (TGOPY), 6625 (EIA), 8IP Emerging Companies Limited (8EC.AX) (8EC), Aberdeen Australia Equity Fund (IAF), Aberdeen Emerging Markets Equity Income Fund (AEF), Aberdeen Global Premier Properties Fund (AWP) and Absolute Equity Performance Fund Limited (AEG.AX) (AEG).
View all of FSD's competitors.

What other stocks do shareholders of First Trust High Income Long/Short Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust High Income Long/Short Fund investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods plc (ABF.L) (ABF), AMC Entertainment (AMC), Chaarat Gold Holdings Limited (CGH.L) (CGH), Zynga (ZNGA), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and Ciena (CIEN).

Who are First Trust High Income Long/Short Fund's key executives?

First Trust High Income Long/Short Fund's management team includes the following people:

Mr. Louis N. Cohen CFA, Managing Director, Director of Research, High Yield Active Core Division
Mr. Michael J. Kimble CFA, Portfolio Mang.
Mr. Taylor Wagenseil, Portfolio Mang.

What is First Trust High Income Long/Short Fund's stock symbol?

First Trust High Income Long/Short Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "FSD."

Who are First Trust High Income Long/Short Fund's major shareholders?

First Trust High Income Long/Short Fund's stock is owned by many different institutional and retail investors. Top institutional investors include 6 Meridian (0.00%) and Global Retirement Partners LLC (0.00%).
View institutional ownership trends for First Trust High Income Long/Short Fund.

Which major investors are buying First Trust High Income Long/Short Fund stock?

FSD stock was acquired by a variety of institutional investors in the last quarter, including 6 Meridian, and Global Retirement Partners LLC.
View insider buying and selling activity for First Trust High Income Long/Short Fund or or view top insider-buying stocks.

How do I buy shares of First Trust High Income Long/Short Fund?

Shares of FSD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Trust High Income Long/Short Fund's stock price today?

One share of FSD stock can currently be purchased for approximately $14.87.

What is First Trust High Income Long/Short Fund's official website?

The official website for First Trust High Income Long/Short Fund is www.ftportfolios.com.

How can I contact First Trust High Income Long/Short Fund?

First Trust High Income Long/Short Fund's mailing address is 120 E Liberty Dr Ste 400, WHEATON, IL 60187-5455, United States. The company can be reached via phone at +1-630-7658000.

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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