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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

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GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

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» FSD's 10-Y Financials

Financials


» Details

Guru Trades

Q1 2015

FSD Guru Trades in Q1 2015

Third Avenue Management 813,828 sh (+1.98%)
» More
Q2 2015

FSD Guru Trades in Q2 2015

Third Avenue Management 829,943 sh (+1.98%)
» More
Q3 2015

FSD Guru Trades in Q3 2015

Third Avenue Management 841,294 sh (+1.37%)
» More
Q4 2015

FSD Guru Trades in Q4 2015

Third Avenue Management Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with FSD

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Asset Management » Asset Management
Compare:LSE:APAX, HKSE:00721, MEX:GPROFUT, LSE:BBGI, LSE:LWDB, NYSE:JSN » details
First Trust High Income Long/Short Fund is a diversified, closed-end management investment company. The Company's investment objective is to provide current income, and capital appreciation.

First Trust High Income Long/Short Fund is a diversified, closed-end management investment company organized as a Massachusetts business trust on June 18, 2010. The Company's investment objective is to provide current income, and capital appreciation. The Company is engaged in investing, under normal market conditions in a diversified portfolio of U.S. 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.

Ratios

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EV-to-EBIT 34.86
FSD's EV-to-EBIT is ranked lower than
85% of the 1008 Companies
in the Global Asset Management industry.

( Industry Median: 13.14 vs. FSD: 34.86 )
Ranked among companies with meaningful EV-to-EBIT only.
FSD' s EV-to-EBIT Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 80.85
Current: 34.86
0
80.85

Dividend & Buy Back

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Dividend Yield 7.91
FSD's Dividend Yield is ranked higher than
80% of the 1411 Companies
in the Global Asset Management industry.

( Industry Median: 4.31 vs. FSD: 7.91 )
Ranked among companies with meaningful Dividend Yield only.
FSD' s Dividend Yield Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 9.53
Current: 7.91
0
9.53
Forward Dividend Yield 6.48
FSD's Forward Dividend Yield is ranked higher than
74% of the 1290 Companies
in the Global Asset Management industry.

( Industry Median: 4.79 vs. FSD: 6.48 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 7.90
FSD's Yield on cost (5-Year) is ranked higher than
72% of the 1614 Companies
in the Global Asset Management industry.

( Industry Median: 5.03 vs. FSD: 7.90 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
FSD' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 9.53
Current: 7.9
0
9.53

Valuation & Return

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More Statistics

Beta0.49
Short Percentage of Float0.03%
52-Week Range $12.91 - 16.38
Shares Outstanding (Mil)35.90
» More Articles for FSD

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