First Trust High Income Long/Short Fund (NYSE:FSD – Get Free Report) declared a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Stockholders of record on Thursday, May 2nd will be paid a dividend of 0.105 per share on Wednesday, May 15th. This represents a $1.26 annualized dividend and a dividend yield of 10.84%. The ex-dividend date is Wednesday, May 1st.
First Trust High Income Long/Short Fund has decreased its dividend by an average of 1.5% per year over the last three years.
First Trust High Income Long/Short Fund Trading Up 1.8 %
NYSE:FSD opened at $11.62 on Wednesday. The stock has a 50-day moving average price of $11.70 and a 200 day moving average price of $11.43. First Trust High Income Long/Short Fund has a 12-month low of $10.20 and a 12-month high of $12.09.
About First Trust High Income Long/Short Fund
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.
See Also
- Five stocks we like better than First Trust High Income Long/Short Fund
- Which Wall Street Analysts are the Most Accurate?
- GE Aerospace is Ready for Liftoff After Strong Earnings
- The How And Why of Investing in Oil Stocks
- The Bottom is in For Tesla: Read This Before Buying the Bounce
- What is the Hang Seng index?
- 3 Technologies to Challenge NAND Flash Dominance in AI
Receive News & Ratings for First Trust High Income Long/Short Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust High Income Long/Short Fund and related companies with MarketBeat.com's FREE daily email newsletter.
