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First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Price-to-Operating-Cash-Flow : 23.89 (As of Apr. 26, 2024)


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What is First Trust Highome Long/Short Fund Price-to-Operating-Cash-Flow?

As of today (2024-04-26), First Trust Highome Long/Short Fund's share price is $11.54. First Trust Highome Long/Short Fund's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.48. Hence, First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow Ratio for today is 23.89.

The historical rank and industry rank for First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow or its related term are showing as below:

FSD' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2.98   Med: 6.56   Max: 25.67
Current: 24.11

During the past 7 years, First Trust Highome Long/Short Fund's highest Price-to-Operating-Cash-Flow Ratio was 25.67. The lowest was 2.98. And the median was 6.56.

FSD's Price-to-Operating-Cash-Flow is ranked worse than
72.03% of 1051 companies
in the Asset Management industry
Industry Median: 12.6 vs FSD: 24.11

First Trust Highome Long/Short Fund's Cash Flow from Operations per share for the six months ended in Oct. 2023 was $1.01. Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.48.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of First Trust Highome Long/Short Fund was -82.00% per year.

During the past 7 years, First Trust Highome Long/Short Fund's highest 3-Year average Operating Cash Flow per Share Growth Rate was 3.70% per year. The lowest was -13.40% per year. And the median was -4.85% per year.


First Trust Highome Long/Short Fund Price-to-Operating-Cash-Flow Historical Data

The historical data trend for First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow Chart

First Trust Highome Long/Short Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Operating-Cash-Flow
Get a 7-Day Free Trial 6.60 - 16.44 4.22 22.25

First Trust Highome Long/Short Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.44 - 4.22 - 22.25

Competitive Comparison of First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow

For the Asset Management subindustry, First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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 Highome Long/Short Fund's Price-to-Operating-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow falls into.



First Trust Highome Long/Short Fund Price-to-Operating-Cash-Flow Calculation

First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow ratio for today is calculated as

Price-to-Operating-Cash-Flow Ratio=Share Price/Cash Flow from Operations per share (TTM)
=11.54/0.483
=23.89

First Trust Highome Long/Short Fund's Share Price of today is $11.54.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Highome Long/Short Fund's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.48.

* 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.

Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).

It can also be calculated from the numbers for the whole company:

Price-to-Operating-Cash-Flow Ratio=Market Cap/Cash Flow from Operations

First Trust Highome Long/Short Fund Price-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of First Trust Highome Long/Short Fund's Price-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


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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