First Trust High Yield Opportunities 2027 Term Fund (FTHY) to Issue Monthly Dividend of $0.13 on November 25th

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Monday, October 20th. Stockholders of record on Monday, November 3rd will be paid a dividend of 0.125 per share on Tuesday, November 25th. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date is Monday, November 3rd.

First Trust High Yield Opportunities 2027 Term Fund Trading Down 0.2%

Shares of First Trust High Yield Opportunities 2027 Term Fund stock opened at $14.10 on Wednesday. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $12.84 and a 1-year high of $14.98. The company’s fifty day simple moving average is $14.50 and its 200-day simple moving average is $14.40.

Insider Activity at First Trust High Yield Opportunities 2027 Term Fund

In related news, Portfolio Manager Kevin L. Ziets acquired 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was bought at an average cost of $14.60 per share, for a total transaction of $43,800.00. Following the purchase, the portfolio manager owned 3,000 shares in the company, valued at $43,800. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust High Yield Opportunities 2027 Term Fund by 466.0% during the 2nd 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 in the last quarter. Ameritas Advisory Services LLC purchased a new position in First Trust High Yield Opportunities 2027 Term Fund during the second quarter valued at $110,000. Daymark Wealth Partners LLC bought a new stake in First Trust High Yield Opportunities 2027 Term Fund in the 2nd quarter valued at $160,000. Stratos Wealth Partners LTD. lifted its stake in First Trust High Yield Opportunities 2027 Term Fund by 4.9% in the 1st quarter. Stratos Wealth Partners LTD. now owns 15,519 shares of the company’s stock worth $224,000 after purchasing an additional 724 shares in the last quarter. Finally, Perigon Wealth Management LLC lifted its stake in First Trust High Yield Opportunities 2027 Term Fund by 14.3% in the 2nd quarter. Perigon Wealth Management LLC now owns 15,965 shares of the company’s stock worth $237,000 after purchasing an additional 2,000 shares in the last quarter.