First Trust High Income Long/Short Fund (FSD) to Issue Monthly Dividend of $0.11 on December 15th

First Trust High Income Long/Short Fund (NYSE:FSDGet Rating) announced a monthly dividend on Monday, November 21st, Wall Street Journal reports. Stockholders of record on Friday, December 2nd will be paid a dividend of 0.105 per share on Thursday, December 15th. This represents a $1.26 annualized dividend and a dividend yield of 11.00%. The ex-dividend date is Thursday, December 1st.

First Trust High Income Long/Short Fund has raised its dividend by an average of 0.6% annually over the last three years.

First Trust High Income Long/Short Fund Stock Up 1.6 %

Shares of NYSE FSD opened at $11.45 on Wednesday. First Trust High Income Long/Short Fund has a 12 month low of $10.53 and a 12 month high of $15.81. The business has a fifty day simple moving average of $11.04 and a 200-day simple moving average of $11.64.

Institutional Investors Weigh In On First Trust High Income Long/Short Fund

Several hedge funds have recently modified their holdings of the stock. Invesco Ltd. lifted its holdings in shares of First Trust High Income Long/Short Fund by 6.4% during the first quarter. Invesco Ltd. now owns 457,178 shares of the company’s stock valued at $6,154,000 after purchasing an additional 27,659 shares during the last quarter. UBS Group AG lifted its stake in First Trust High Income Long/Short Fund by 3.3% in the 1st quarter. UBS Group AG now owns 285,518 shares of the company’s stock worth $3,843,000 after acquiring an additional 9,067 shares in the last quarter. Royal Bank of Canada lifted its stake in First Trust High Income Long/Short Fund by 1.6% in the 3rd quarter. Royal Bank of Canada now owns 219,809 shares of the company’s stock worth $2,382,000 after acquiring an additional 3,361 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in First Trust High Income Long/Short Fund by 18.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 212,720 shares of the company’s stock worth $2,425,000 after acquiring an additional 33,800 shares in the last quarter. Finally, Guggenheim Capital LLC lifted its stake in First Trust High Income Long/Short Fund by 29.4% in the 1st quarter. Guggenheim Capital LLC now owns 194,775 shares of the company’s stock worth $2,622,000 after acquiring an additional 44,219 shares in the last quarter.

About First Trust High Income Long/Short Fund

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First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers.

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Dividend History for First Trust High Income Long/Short Fund (NYSE:FSD)

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