First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) to Issue $0.12 Monthly Dividend

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Thursday, June 18th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.125 per share on Monday, July 27th. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend is Wednesday, July 1st.

First Trust High Yield Opportunities 2027 Term Fund Stock Up 0.2%

Shares of FTHY stock opened at $13.55 on Friday. First Trust High Yield Opportunities 2027 Term Fund has a 1 year low of $13.20 and a 1 year high of $14.98. The firm’s fifty day simple moving average is $13.54 and its 200 day simple moving average is $13.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FTHY. Ascentis Independent Advisors bought a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund in the first quarter valued at about $32,000. Colonial Trust Advisors increased its stake in First Trust High Yield Opportunities 2027 Term Fund by 300.0% during the third quarter. Colonial Trust Advisors now owns 3,000 shares of the company’s stock valued at $43,000 after acquiring an additional 2,250 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust High Yield Opportunities 2027 Term Fund by 466.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,073 shares of the company’s stock valued at $90,000 after acquiring an additional 5,000 shares in the last quarter. Fifth Third Bancorp acquired a new position in First Trust High Yield Opportunities 2027 Term Fund in the 1st quarter valued at approximately $90,000. Finally, Camelot Portfolios LLC bought a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund in the 4th quarter worth approximately $98,000.

First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) is a closed-end management investment company organized as a diversified term fund. Scheduled to terminate in 2027, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through a portfolio of fixed-income securities. It operates under the management of First Trust Advisors L.P., a subsidiary of First Trust, and utilizes professional research and risk-management processes to construct its holdings.

The fund primarily invests in U.S.