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FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Market Cap : $533.21 Mil (As of May. 16, 2024)


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What is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's share price for the quarter that ended in Nov. 2023 was $13.58. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 36.77 Mil. Therefore, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's market cap for the quarter that ended in Nov. 2023 was $499.38 Mil.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's quarterly market cap declined from Nov. 2022 ($539.83 Mil) to May. 2023 ($497.17 Mil) but then increased from May. 2023 ($497.17 Mil) to Nov. 2023 ($499.38 Mil).

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's annual market cap declined from May. 2021 ($729.38 Mil) to May. 2022 ($590.94 Mil) and declined from May. 2022 ($590.94 Mil) to May. 2023 ($497.17 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Enterprise Value for Today is $670.18 Mil.


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Market Cap Historical Data

The historical data trend for FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND Market Cap Chart

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Annual Data
Trend May21 May22 May23
Market Cap
729.38 590.94 497.17

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Market Cap Get a 7-Day Free Trial 745.02 590.94 539.83 497.17 499.38

Competitive Comparison of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap

For the Asset Management subindustry, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND'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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap distribution charts can be found below:

* The bar in red indicates where FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap falls into.



FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap for the fiscal year that ended in May. 2023 is calculated as

Market Cap (A: May. 2023 )=Share Price (A: May. 2023 )*Shares Outstanding (EOP) (A: May. 2023 )
=$13.52*36.773
=$497.17

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=$13.58*36.773
=$499.38

* 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND  (NYSE:FTHY) 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND Market Cap Related Terms

Thank you for viewing the detailed overview of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is a diversified, closed-end management investment company. The investment objective of the fund is to provide current income.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Housey William A Jr other: Officer of Advisor, Port. Mgr. FIRST TRUST ADVISORS L.P., 120 E. LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey M Scott other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kristi A Maher officer: Asst. Secretary and CCO FIRST TRUST PORTFOLIOS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Orlando Purpura other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Roger Testin other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
David Mcgarel other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Andy Roggensack other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
W Scott Jardine officer: Secretary, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 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
First Trust Advisors Lp other: Investment Advisor 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Daniel J Lindquist officer: Vice President C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Headlines

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