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

First Trust High Income Long/Short Fund (NYSE:FSD) announced a monthly dividend on Tuesday, November 23rd, Wall Street Journal reports. Shareholders of record on Thursday, December 2nd will be paid a dividend of 0.105 per share on Wednesday, December 15th. This represents a $1.26 dividend on an annualized basis and a yield of 8.06%. The ex-dividend date is Wednesday, December 1st.

First Trust High Income Long/Short Fund has decreased its dividend payment by 3.2% over the last three years.

Shares of First Trust High Income Long/Short Fund stock opened at $15.63 on Thursday. First Trust High Income Long/Short Fund has a 12-month low of $14.37 and a 12-month high of $16.16. The business’s 50-day moving average price is $15.90.

Institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its stake in First Trust High Income Long/Short Fund by 34.4% during the second quarter. Bank of America Corp DE now owns 29,621 shares of the company’s stock worth $467,000 after buying an additional 7,578 shares in the last quarter. LPL Financial LLC grew its stake in First Trust High Income Long/Short Fund by 5.8% during the third quarter. LPL Financial LLC now owns 37,690 shares of the company’s stock worth $599,000 after buying an additional 2,059 shares in the last quarter. Citadel Advisors LLC acquired a new stake in First Trust High Income Long/Short Fund during the third quarter worth about $2,592,000. Finally, Morgan Stanley grew its stake in First Trust High Income Long/Short Fund by 10.5% during the second quarter. Morgan Stanley now owns 3,805,552 shares of the company’s stock worth $59,937,000 after buying an additional 362,691 shares in the last quarter.

First Trust High Income Long/Short Fund Company Profile

First Trust High Income Long/Short Fund is a closed-end management investment company, which engages in the provision of current income. The fund was founded on June 18, 2010 and is headquartered in Wheaton, IL.

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

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