First Trust High Yield Opportunities 2027 Term Fund (FTHY) To Go Ex-Dividend on August 3rd

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Monday, July 20th. Stockholders of record on Monday, August 3rd will be given a dividend of 0.125 per share on Tuesday, August 25th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date is Monday, August 3rd.

First Trust High Yield Opportunities 2027 Term Fund Stock Up 0.1%

Shares of FTHY opened at $13.62 on Friday. First Trust High Yield Opportunities 2027 Term Fund has a 12-month low of $13.20 and a 12-month high of $14.84. The stock’s fifty day simple moving average is $13.56 and its 200-day simple moving average is $13.68.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Ascentis Independent Advisors acquired a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund during the 1st quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust High Yield Opportunities 2027 Term Fund by 466.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,073 shares of the company’s stock valued at $90,000 after buying an additional 5,000 shares during the period. Fifth Third Bancorp bought a new position in First Trust High Yield Opportunities 2027 Term Fund in the first quarter valued at approximately $90,000. Camelot Portfolios LLC bought a new position in First Trust High Yield Opportunities 2027 Term Fund in the fourth quarter valued at approximately $98,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in First Trust High Yield Opportunities 2027 Term Fund during the 4th quarter worth $117,000.

First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) is a closed-end management investment company organized as a diversified term fund. Scheduled to terminate in 2027, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through a portfolio of fixed-income securities. It operates under the management of First Trust Advisors L.P., a subsidiary of First Trust, and utilizes professional research and risk-management processes to construct its holdings.

The fund primarily invests in U.S.