NYSE:FSDFirst Trust High Income Long/short Fund Stock Price, Forecast & News

$13.55

+0.05 (+0.37 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$13.45

Now: $13.55▼

$13.56

50-Day Range

$11.48

MA: $12.77▼

$13.28

52-Week Range

$9.55

Now: $13.55▼

$16.01

Volume72,733 shs

Average Volume159,152 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.

Beat the Market (BTM) Rank^™

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.

1.7 Dividend Strength

Dividend Leadership
First Trust High Income Long/short Fund is a leading dividend payer. It pays a dividend yield of 0.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Trust High Income Long/short Fund does not have a long track record of dividend growth.

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

Overall Beat the Market Rank^™

0.83 out of 5 stars

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

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

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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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 (Coronavirus)?

First Trust High Income Long/short Fund's stock was trading at $13.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FSD stock has increased by 1.9% and is now trading at $13.55. View which stocks have been most impacted by Coronavirus.

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 declared a monthly dividend on Wednesday, May 20th. Shareholders of record on Tuesday, June 2nd will be given a dividend of $0.11 per share on Monday, June 15th. This represents a $1.32 annualized dividend and a dividend yield of 9.74%. The ex-dividend date is Monday, June 1st. View First Trust High Income Long/short Fund's dividend history.

Has First Trust High Income Long/short Fund been receiving favorable news coverage?

News headlines about FSD stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Trust High Income Long/short Fund earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutFirst Trust High Income Long/short Fund.

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 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Australia Equity Fund (IAF), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP), Alternative Invest Ordinary Units FP (AIQ), Amedeo Resources (AMED), Amundi (AMDUF), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT) and Barings Global Short Duratin Hgh Yld Fnd (BGH). View all 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 (ABF), AMC Entertainment (AMC), Chaarat Gold (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. Mark Raymond Bradley, Managing Director and Chief Financial Officer (Age 62)
Mr. James M. Dykas, Sr. VP and Controller (Age 53)
Mr. Kristi A. Maher, Chief Compliance Officer and Assistant Sec. (Age 53)
Mr. William Scott Jardine Esq., Chief Legal Officer and Sec. (Age 59)
Mr. Daniel Joel Lindquist CFA, Managing Director and Portfolio Mang. (Age 49)

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 a number of retail and institutional investors. Top institutional investors include Morgan Stanley (0.00%), Morgan Stanley (0.00%), Saba Capital Management L.P. (0.00%), RiverNorth Capital Management LLC (0.00%), Parametric Portfolio Associates LLC (0.00%) and Invesco Ltd. (0.00%). View institutional ownership trends for First Trust High Income Long/short Fund.

Which institutional investors are selling First Trust High Income Long/short Fund stock?

FSD stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Morgan Stanley, Morgan Stanley, RiverNorth Capital Management LLC, Camelot Portfolios LLC, Wells Fargo & Company MN, Raymond James & Associates, and Cetera Advisor Networks LLC. View insider buying and selling activity for First Trust High Income Long/short Fund.

Which institutional investors are buying First Trust High Income Long/short Fund stock?

FSD stock was purchased by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Advisor Group Holdings Inc., Parametric Portfolio Associates LLC, 6 Meridian, Invesco Ltd., RMB Capital Management LLC, Titus Wealth Management, and Thomas J. Herzfeld Advisors Inc.. View insider buying and selling activity for First Trust High Income Long/short Fund.

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 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 $13.55.

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 5/27/2020 by MarketBeat.com Staff