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FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FTHY) provides investors with strategic exposure to high yield credit markets through its closed-end structure. This news hub offers comprehensive coverage of the fund's developments, from portfolio adjustments to distribution announcements.
Access verified updates on FTHY's income-generating strategies, including detailed reports on credit market positions and risk management practices. The resource consolidates official communications with market analysis to help stakeholders monitor the fund's progress toward its 2027 term objectives.
Key updates include earnings disclosures, strategic portfolio rebalancing, and management commentary on yield optimization. Investors can track the execution of the fund's disciplined approach to high yield investing while maintaining diversification across credit instruments.
Bookmark this page for ongoing insights into FTHY's performance within evolving market conditions. Regular updates ensure informed decision-making about this income-focused investment vehicle's trajectory through its target term.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) has declared its monthly common share distribution of $0.13 per share for August, payable on August 26, 2024, to shareholders of record as of August 1, 2024. The ex-dividend date is expected to be August 1, 2024.
Key details:
- Distribution rate based on July 19, 2024 NAV of $15.33: 10.18%
- Distribution rate based on July 19, 2024 closing market price of $14.67: 10.63%
The Fund invests at least 80% of its managed assets in high yield debt securities rated below investment grade. It aims to provide current income and maintain a relatively stable monthly distribution. The Fund is set to terminate on or about August 1, 2027.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) announced a monthly common share distribution of $0.13 per share for July 2024. The distribution, based on a June 18, 2024 NAV of $15.31, translates to a 10.19% distribution rate. Based on the June 18, 2024 market price of $14.01, the rate is 11.13%. The distribution will be paid on July 25, 2024, to shareholders of record as of July 1, 2024.
The Fund invests primarily in high yield debt securities rated below investment grade and aims to provide current income. The Fund's strategy may lead to fluctuations in the investment value and is subject to various market risks, including credit risk, interest rate risk, and liquidity risk.
First Trust Advisors manages assets worth approximately $226 billion and advises the Fund. Investors should note the inherent risks associated with high yield investments, which include potential loss of investment and market volatility.
First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) announced its monthly distribution of $0.13 per share, payable on June 25, 2024, to shareholders of record on June 3, 2024, with an ex-dividend date of June 3, 2024.
The distribution rate based on the net asset value (NAV) of $15.33 on May 17, 2024, is 10.18%, and 10.84% based on the closing market price of $14.39.
This payment includes net investment income, return of capital, and possibly net short-term capital gains. The fund emphasizes stable monthly distributions, though it may reduce NAV.
Risks highlighted include market, credit, interest rate, liquidity, reinvestment, and the potential impacts of geopolitical events and pandemics. The fund's investment focus is on high yield, below-investment-grade debt securities.
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