FTHY (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Altman Z-Score


FTHY FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND FTHY
26 GF Score
Price $13.66
! 6 Warning Signs
View Full Analysis

What is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

FTHY
26GF Score
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND FTHY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Business Description

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. The fund invests a majority of its managed assets in high-yield debt securities of any maturity that are rated below investment grade at the time of purchase or unrated securities. Its investment portfolio comprises corporate bonds and notes, senior floating-rate loan interests, foreign corporate bonds and notes, money market funds, and other instruments across various industries.
26GF Score

Get the complete analysis for FTHY

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.66
Price