First Trust High Income Long/short Fund (FSD) Getting Somewhat Favorable Press Coverage, Report Finds
News coverage about First Trust High Income Long/short Fund (NYSE:FSD) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Trust High Income Long/short Fund earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.3854994236851 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
First Trust High Income Long/short Fund (FSD) traded down $0.01 during trading hours on Friday, reaching $16.76. 116,949 shares of the company’s stock were exchanged.
The company also recently declared a monthly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Thursday, November 2nd will be issued a dividend of $0.1272 per share. The ex-dividend date of this dividend is Wednesday, November 1st. This represents a $1.53 annualized dividend and a yield of 9.11%. This is an increase from First Trust High Income Long/short Fund’s previous monthly dividend of $0.13.
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First Trust High Income Long/short Fund Company Profile
First Trust High Income Long/Short Fund is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income. The Fund’s secondary objective is capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, a majority of its assets in a diversified portfolio of the United States and foreign, including emerging markets high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade at the time of purchase.
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