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

First Trust High Income Long/Short Fund (NYSE:FSD) declared a monthly dividend on Monday, December 21st, Zacks reports. Investors of record on Tuesday, January 5th will be given a dividend of 0.11 per share on Friday, January 15th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.94%. The ex-dividend date is Monday, January 4th.

FSD stock opened at $14.77 on Friday. The firm has a fifty day moving average price of $14.48 and a 200 day moving average price of $13.97. First Trust High Income Long/Short Fund has a fifty-two week low of $9.55 and a fifty-two week high of $16.01.

About First Trust High Income Long/Short Fund

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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