First Trust High Income Long/Short Fund (NYSE:FSD) Plans $0.11 Monthly Dividend

First Trust High Income Long/Short Fund (NYSE:FSDGet Free Report) announced a monthly dividend on Thursday, June 20th, NASDAQ reports. Investors of record on Monday, July 1st will be given a dividend of 0.105 per share on Monday, July 15th. This represents a $1.26 annualized dividend and a dividend yield of 10.41%. The ex-dividend date is Monday, July 1st.

First Trust High Income Long/Short Fund has increased its dividend payment by an average of 11.3% annually over the last three years.

First Trust High Income Long/Short Fund Stock Performance

Shares of NYSE:FSD traded down $0.06 during trading on Friday, hitting $12.10. The company’s stock had a trading volume of 101,709 shares, compared to its average volume of 105,399. First Trust High Income Long/Short Fund has a fifty-two week low of $10.20 and a fifty-two week high of $12.27. The business has a 50 day moving average price of $11.83 and a two-hundred day moving average price of $11.74.

First Trust High Income Long/Short Fund Company Profile

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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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