First Trust High Yield Opportunities 2027 Term Fund Announces Monthly Dividend of $0.13 (NYSE:FTHY)

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Thursday, February 19th. Shareholders of record on Monday, March 2nd will be given a dividend of 0.125 per share on Wednesday, March 25th. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date of this dividend is Monday, March 2nd.

First Trust High Yield Opportunities 2027 Term Fund Price Performance

Shares of FTHY stock traded up $0.02 during trading hours on Friday, reaching $14.05. The company had a trading volume of 7,044 shares, compared to its average volume of 85,649. The stock’s fifty day simple moving average is $14.09 and its 200 day simple moving average is $14.26. First Trust High Yield Opportunities 2027 Term Fund has a twelve month low of $12.84 and a twelve month high of $14.98.

Hedge Funds Weigh In On First Trust High Yield Opportunities 2027 Term Fund

A number of large investors have recently made changes to their positions in the business. CX Institutional purchased a new position in First Trust High Yield Opportunities 2027 Term Fund during the third quarter valued at approximately $28,000. Colonial Trust Advisors raised its holdings in shares of 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 worth $43,000 after acquiring an additional 2,250 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in First Trust High Yield Opportunities 2027 Term Fund by 466.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,073 shares of the company’s stock valued at $90,000 after purchasing an additional 5,000 shares in the last quarter. Camelot Portfolios LLC acquired a new position in First Trust High Yield Opportunities 2027 Term Fund in the 4th quarter worth about $98,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund during the 4th quarter worth about $117,000.

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.