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First Trust High Income Long/Short Fund FSD NYSE

NYSE • Financial Services • Asset Management - Income • US • USD

SharesGrow Score
71/100
3/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

First Trust High Income Long/Short Fund (FSD) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry. The company is headquartered in Wheaton, IL, United States. The current CEO is Louis N. Cohen CFA.

FSD has IPO date of 2010-09-28, listed on the NYSE, a market capitalization of $406.82M.

About First Trust High Income Long/Short Fund

First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.

📍 120 East Liberty Drive, Wheaton, IL 60187 📞 630-765-8000
Company Details
SectorFinancial Services
IndustryAsset Management - Income
CountryUnited States
ExchangeNYSE
CurrencyUSD
IPO Date2010-09-28
CEOLouis N. Cohen CFA
Trading Info
Current Price$12.22
Market Cap$406.82M
52-Week Range10.2-12.63
Beta0.75
ETFNo
ADRNo
CUSIP33738E109
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