Welcome to our dedicated page for FIRST TRUST HY OPPORTUNITIES 2027 TERM SEC filings (Ticker: FTHY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
first trust portfolios l.p. and first trust advisors l.p.("first trust") were founded in 1991 with a mission to offer investors a better way to invest. we are single-minded about providing trusted investment products and advisory services. we're inspired every day by how financial advisors and their customers use our products and services to define goals, solve problems and develop long-term strategies. everyone in our company is encouraged to work diligently and respectfully to deliver superior products, services and results that will contribute to the prosperity of our clients. our approach is simple, and our company was built with these core principles in mind: - know what you own - invest for the long-term - employ discipline - re-balance - control taxes we are committed to providing original ideas, inventive products and the highest level of service. disclaimer: this content is for information purposes only and should not be considered an offer to purchase or sell any security. tSit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC have filed a Schedule 13G reporting beneficial ownership of 2,419,971 shares of common stock of First Trust High Yield Opportunities 2027 Term Fund, representing 6.6% of the outstanding class.
They report shared voting and dispositive power over all of these shares, with no sole voting or dispositive power. The ownership is held across advisory client accounts, which have the economic rights to dividends and sale proceeds, and no single account holds more than 5% of the fund’s shares. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.
Thomas J. Driscoll, identified with an address at First Trust Advisors L.P. in Wheaton, IL, filed an SEC Form 3 reporting initial beneficial ownership for First Trust High Yield Opportunities 2027 Term Fund (FTHY) related to a 09/04/2025 event. The filing lists Driscoll as a Director and shows 0 common shares beneficially owned (directly). The form was signed by an attorney-in-fact on 09/05/2025. This is a basic director disclosure with no securities reported.
Kevin L. Ziets, a portfolio manager with First Trust Advisors L.P., reported a purchase of 3,000 common shares of First Trust High Yield Opportunities 2027 Term Fund (FTHY) on 08/20/2025 at a reported price of $14.5985 per share. Following the transaction he beneficially owns 3,000 shares in a direct capacity. The Form 4 shows no derivative transactions and the filing was signed by an attorney-in-fact on behalf of Mr. Ziets on 08/21/2025.
Kevin L. Ziets, a Portfolio Manager and officer at First Trust Advisors L.P., filed an Initial Statement of Beneficial Ownership (Form 3) relating to First Trust High Yield Opportunities 2027 Term Fund (FTHY). The event date reported is 04/14/2025. The filing shows 0 common shares beneficially owned (directly) by the reporting person. The form was signed by an attorney-in-fact on behalf of Mr. Ziets on 08/12/2025. The reporting address is 120 East Liberty Drive, Suite 400, Wheaton, IL 60187.
The DEF 14A covers two First Trust closed-end funds—First Trust Senior Floating Rate Income Fund II (FCT) and First Trust High Yield Opportunities 2027 Term Fund (FTHY). A joint annual meeting will be held on 4 Sep 2025 @ 12:00 p.m. CT (record date 11 Jul 2025). Shareholders are asked to elect three Class III trustees—James A. Bowen (Interested), Robert F. Keith, Bronwyn Wright—and one new Class II trustee, Thomas J. Driscoll, a recently retired Deloitte partner. Election is by plurality of votes cast, with a 33⅓ % quorum.
If elected, the board will expand from seven to eight members (1 interested / 7 independent) and maintain its staggered structure (three-year terms). Robert F. Keith continues as Lead Independent Trustee; committee chairs rotate 1 Jan 2026. All standing committees (Audit, Valuation, Nominating & Governance, Dividend, Executive) reported regular activity; F2024 board meetings totaled six per fund.
Ownership data show no control person in FCT; FTHY has a 31.1 % position held by Morgan Stanley Smith Barney, which could influence outcomes. Trustee/insider holdings remain de-minimis except CEO Bowen’s 139,500 FTHY shares. Deloitte & Touche stays auditor; FY 2024 audit fees were $59k (FCT) and $49k (FTHY); tax-related fees were modest. Independent trustee compensation rose to $285k retainer plus per-fund fees.
No changes to investment strategy, distribution policy, or fee structure are proposed; financial results are not discussed. Investors’ primary decision is whether the current governance slate remains suitable.
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