First Trust Strategic High Fund II (First Trust Strategic High Fund II) Market Cap : $82.95 Mil (As of May. 26, 2024)

First Trust Strategic High Fund II Market Cap Chart

Competitive Comparison of First Trust Strategic High Fund II's Market Cap

For the Asset Management subindustry, First Trust Strategic High Fund II's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Trust Strategic High Fund II's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Strategic High Fund II's Market Cap distribution charts can be found below:

* The bar in red indicates where First Trust Strategic High Fund II's Market Cap falls into.

First Trust Strategic High Fund II Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Trust Strategic High Fund II's Market Cap for the fiscal year that ended in Oct. 2017 is calculated as

First Trust Strategic High Fund II's Market Cap for the quarter that ended in Oct. 2017 is calculated as

* 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 Strategic High Fund II  (NYSE:FHY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

First Trust Strategic High Fund II Market Cap Related Terms

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First Trust Strategic High Fund II (First Trust Strategic High Fund II) Business Description