- First Trust High Yield Opportunities 2027 Term Fund (FTHY, Financial) declares a $0.125 monthly distribution per share for August 2025.
- The distribution rate is 9.99% based on the fund's NAV of $15.02 and 10.09% based on the closing market price of $14.86 as of July 18, 2025.
- The fund primarily invests in high yield debt securities and aims to provide current income.
The First Trust High Yield Opportunities 2027 Term Fund (FTHY) has announced a monthly common share distribution of $0.125 per share for August 2025. This distribution will be payable on August 25, 2025, to shareholders who are on record as of August 1, 2025, with an expected ex-dividend date of August 1, 2025.
As of July 18, 2025, the distribution rate is calculated at 9.99% based on the fund’s net asset value (NAV) of $15.02 and 10.09% in relation to the market closing price of $14.86. The distribution primarily consists of net investment income and return of capital, and may include net short-term realized capital gains. The final tax status of these distributions will be determined at the end of the year and provided on Form 1099-DIV.
The fund, managed by First Trust Advisors L.P., aims to deliver high current income by investing at least 80% of its assets in high yield debt securities. These securities are often termed as "junk bonds" due to their below-investment-grade ratings, indicating higher risk. The fund's strategy entails a diverse investment portfolio that includes U.S. and non-U.S. corporate debt obligations as well as senior secured floating rate loans.
The First Trust High Yield Opportunities 2027 Term Fund is a closed-end management investment company with a market capitalization of approximately $537.99 million. The fund's investment approach focuses on generating steady income while maintaining a stable monthly distribution practice that may benefit its market price.
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