Company Description
First Trust High Yield Opportunities 2027 Term Fund is a diversified closed-end management investment company that seeks to provide current income. The fund, traded under the symbol FTHY, is part of the First Trust fund family and is structured as a term closed-end fund rather than an operating company.
The fund invests a majority of its managed assets in high-yield debt securities of any maturity that are rated below investment grade at the time of purchase, as well as unrated securities. Its portfolio may include corporate bonds and notes, senior floating-rate loan interests, foreign corporate bonds and notes, money market funds and other instruments across multiple industries.
FTHY's investment profile is tied to credit markets, below-investment-grade issuers, floating-rate loan exposure and the closed-end fund structure. As a closed-end fund, its public-company disclosures emphasize fund governance, shareholder voting, capital structure and portfolio-related risks rather than operating-company revenue, products or manufacturing activity.
Stock Performance
FIRST TRUST HY OPPORTUNITIES 2027 TERM (FTHY) stock last traded at $13.60, up 0.22% from the previous close. Over the past 12 months, the stock has lost 4.3%, ranking #1,410 in 52-week price change. At a market capitalization of $498.6M, FTHY is classified as a small-cap stock with approximately 36.8M shares outstanding.
Latest News
FIRST TRUST HY OPPORTUNITIES 2027 TERM has 10 recent news articles, with the latest published 3 days ago. Of the recent coverage, 5 articles coincided with positive price movement and 4 with negative movement. View all FTHY news →
SEC Filings
FIRST TRUST HY OPPORTUNITIES 2027 TERM has filed 5 recent SEC filings, including 2 Form SCHEDULE 13G/A, 1 Form 3, 1 Form 4, 1 Form SCHEDULE 13G. The most recent filing was submitted on May 12, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FTHY SEC filings →
Financial Highlights
Upcoming Events
Dividend payable
Ex-dividend date
Distribution payment
Fund termination scheduled
Fund termination
Fund termination
Fund termination
FIRST TRUST HY OPPORTUNITIES 2027 TERM has 17 upcoming scheduled events. The next event, "Dividend payable", is scheduled for May 26, 2026 (in 2 days). 3 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the FTHY stock price.
Short Interest History
Short interest in FIRST TRUST HY OPPORTUNITIES 2027 TERM (FTHY) currently stands at 76.4 thousand shares, down 57.1% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has increased by 11.5%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for FIRST TRUST HY OPPORTUNITIES 2027 TERM (FTHY) currently stands at 1.0 days, down 30.6% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 1.6 days.
FTHY Company Profile & Sector Positioning
FIRST TRUST HY OPPORTUNITIES 2027 TERM (FTHY) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. Among dividend-paying stocks, FTHY ranks #111 by dividend yield. In monthly performance, the stock ranks #1,931 among all tracked companies.
Investors comparing FTHY often look at related companies in the same sector, including BlackRock Enhanced International Dividend Trust (BGY), Aberdeen India Fund (IFN), Western Asset Managed Municipals Portfolio (MMU), Gabelli Utility Trust (GUT), and KKR Income Opportunities Fund (KIO). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate FTHY's relative position within its industry.