First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Declares Monthly Dividend of $0.12

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Tuesday, October 20th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.1250 per share on Wednesday, November 25th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date is Monday, November 2nd.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of FTHY stock traded up $0.11 on Wednesday, hitting $12.81. The company had a trading volume of 10,517 shares, compared to its average volume of 101,571. The company has a 50-day moving average price of $13.07 and a 200-day moving average price of $13.38. First Trust High Yield Opportunities 2027 Term Fund has a twelve month low of $12.49 and a twelve month high of $14.42.

First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) is a closed-end management investment company designed to provide investors with current income and, to a lesser extent, capital appreciation. The fund invests primarily in high-yield, below-investment-grade debt securities issued by corporate and other borrowers.

FTHY may invest in a diversified portfolio of fixed-income securities, including bonds and other debt instruments issued by U.S. and non-U.S. companies. Because these securities generally carry higher credit risk than investment-grade bonds, the fund’s portfolio is subject to credit, interest-rate and market risks.

The fund is managed by First Trust Advisors L.P., an investment adviser affiliated with First Trust, an asset-management firm offering exchange-traded funds, mutual funds, separately managed accounts and other investment products.