FIRST TRUST HY OPPORTUNITIES 2027 Term:FTHY

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$14.59$15.73-7.25%
    52 Wk Avg$19.66$20.36-3.48%
    52 Wk High$21.24$21.122.57%
    52 Wk Low$13.60$15.73-10.02%
    Regular Distribution TypeManaged Distribution
    Distribution Rate11.05%
    Distribution Amount$0.1344
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund's investment objective is to provide current income. There can be no assurance that the Fund will achieve its investment objective or that the Fund's investment strategies will be successful.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$858.439M
    Total Common Assets:$578.376M
    Common Shares Outstanding:36,772,989
    Leverage

    As of 7/1/2022

    Preferred Share Assets:
    Total Debt (USD): $280.000M
    Regulatory Leverage (USD): $280.000M
    Effective Leverage (USD): $280.000M
    Effective Leverage (%): 32.62%
    Annual Expense Ratios

    As of 3/31/2022

      Per Common Share
    Management Fees1.70%
    Other Expenses:0.26%
    Baseline Expense: N/A
    Interest Expense:0.33%
    Total: 2.28%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    Jeffrey Scott, William Housey

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: FTHY
    NAV Ticker: XFTHYX
    Average Daily Volume (shares): 111,220
    Average Daily Volume (USD): $2.038M
    Inception Date: 6/25/2020
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: Yes
    Fiscal Year End: March 31
    Third Party Links & Reports

    Distributions

    As of 7/3/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 5/31/2021
    $0.6216
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    10.25%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -18.66%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    5.78%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    32.62%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-3.69%
    1 Year-3.48%
    3 Year 
    5 Year 
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month1.28
    6 Month0.11
    1 Year-0.67
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-24.63%-18.66%-16.72%-11.99%
    20216.80%2.07%18.38%9.49%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2022
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/1/2022
    5.78%
    Number of Holdings:
    As of 5/31/2022
    260
    Annual Portfolio Turnover:
    As of 3/31/2022
    54.00%
    Average Bond Price:
    As of 5/31/2022
    $92.51
    Asset Allocation

    As of 5/31/2022

    Top Sectors

    As of 5/31/2022

    Sector%Portfolio
    Corporate (Super Sector)99.48%
    Corporate Bond72.08%
    Bank Loan26.73%
    Convertible0.66%
    Cash Equivalents0.31%
    Cash Equivalents (Super Sector)0.31%
    Top Holdings

    As of 5/31/2022

    HoldingValue% Portfolio
    Tenet Healthcare Corporation 6.25%$19.07M2.10%
    Amwins Group Inc 4.875%$18.11M1.99%
    Nexstar Escrow Inc 5.625%$17.67M1.94%
    CEMEX S.A.B. de C.V. 7.375%$17.13M1.88%
    Asurion Llc Term Loan B3$17.06M1.88%
    Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.75%$16.51M1.82%
    CSC Holdings, LLC 5.75%$16.20M1.78%
    Sinclair Television Group, Inc. 5.125%$15.81M1.74%
    Change Healthcare Holdings LLC/ Change Healthcare Finance Inc 5.75%$14.98M1.65%
    Verscend Holding Corp Term Loan B$14.59M1.61%
    Credit Quality

    As of 5/31/2022

    Maturity Breakdown

    As of 5/31/2022

    Country Allocation

    As of 5/31/2022

    Country% Portfolio
    United States - Fixed Income66.72%
    Mexico - Fixed Income2.04%
    Others - Fixed Income1.09%
    Canada - Fixed Income0.70%
    France - Fixed Income0.68%
    United Kingdom - Fixed Income0.49%
    Ireland - Fixed Income0.17%
    Germany - Fixed Income0.10%
    Spain - Fixed Income0.10%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X