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First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Cash Flow from Investing : $0.00 Mil (TTM As of Oct. 2023)


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What is First Trust Highome Long/Short Fund Cash Flow from Investing?

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

For the six months ended in Oct. 2023, First Trust Highome Long/Short Fund spent $0.00 Mil on purchasing property, plant, equipment. It gained $0.00 Mil from selling property, plant, and equipment. It spent $0.00 Mil on purchasing business. It gained $0.00 Mil from selling business. It spent $0.00 Mil on purchasing investments. It gained $0.00 Mil from selling investments. It paid $0.00Mil for net Intangibles purchase and sale. And it paid $0.00 Mil for other investing activities. In all, First Trust Highome Long/Short Fund gained $0.00 Mil on investment activities in financial market and operating subsidiaries for the six months ended in Oct. 2023.


First Trust Highome Long/Short Fund Cash Flow from Investing Historical Data

The historical data trend for First Trust Highome Long/Short Fund's Cash Flow from Investing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust Highome Long/Short Fund Cash Flow from Investing Chart

First Trust Highome Long/Short Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cash Flow from Investing
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First Trust Highome Long/Short Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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First Trust Highome Long/Short Fund Cash Flow from Investing Calculation

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).

Likewise, if a company buys another company for cash, this will reduce their cash position.

First Trust Highome Long/Short Fund's Cash Flow from Investing for the fiscal year that ended in Oct. 2023 is calculated as:

First Trust Highome Long/Short Fund's Cash Flow from Investing for the quarter that ended in Oct. 2023 is calculated as:


Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Highome Long/Short Fund  (NYSE:FSD) Cash Flow from Investing Explanation

Cash flow from investing contains nine items:

1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.

First Trust Highome Long/Short Fund's purchase of property, plant, equipment for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund spent $0.00 Mil on purchasing property, plant, equipment.

In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.

In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.

First Trust Highome Long/Short Fund's sale of property, plant, equipment for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund gained $0.00 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

First Trust Highome Long/Short Fund's purchase of business for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund spent $0.00 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

First Trust Highome Long/Short Fund's sale of business for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund gained $0.00 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

First Trust Highome Long/Short Fund's purchase of investment for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund spent {stock_data.stock.currency_symbol}}0.00 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

First Trust Highome Long/Short Fund's sale of investment for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund gained $0.00 Mil from selling investments.

7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.

First Trust Highome Long/Short Fund's net Intangibles purchase and sale for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund paid $0.00 Mil for net Intangibles purchase and sale.

8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.

First Trust Highome Long/Short Fund's cash from discontinued investing activities for the six months ended in Oct. 2023 was 0.00 Mil. It means First Trust Highome Long/Short Fund paid $0.00 Mil for discontinued investing activities.

9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.

First Trust Highome Long/Short Fund's cash from other investing activities for the six months ended in Oct. 2023 was $0.00 Mil. It means First Trust Highome Long/Short Fund paid $0.00 Mil for other investing activities.


First Trust Highome Long/Short Fund Cash Flow from Investing Related Terms

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First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust High Income Long/Short Fund is a diversified, closed-end management investment company based in the United States. The fund's objective is to provide a high current income to its investors. Its secondary objective is capital appreciation. It seeks to achieve its objectives by investing in a diversified portfolio in the United States. The fund holds an interest in various sectors, such as basic industry, healthcare, capital goods, telecommunications, automotive, banking, media, energy, leisure, insurance, technology and electronics, transportation, financial services and others.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Cameron S White other: Portfolio Manager Sub-Advisor MACKAY SHIELDS, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Eric Gold other: Portfolio Manager Sub-Advisor C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shu Yang Tan other: Portfolio Mgr. Sub-Advisor MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, 43RD FL, NEW YORK NY 10105
Matthew Lowry Jacob other: Portfolio Mgr. Sub-Advisor MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, 43RD FL, NEW YORK NY 10105
Joseph Raymond Cantwell other: Portfolio Mgr. Sub-Advisor ALCENTRA NY, LLC, 200 PARK AVENUE, NEW YORK NY 10106
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
David Mcgarel other: Officer - Investment Adviser C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, officer: President, other: Officer - Investment Adviser C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Louis N. Cohen other: Member of Investment Team MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Headlines

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