FSD News and Press, First Trust High Income Long Short Fund of Beneficial Interest From 05/18/22

This year has seen significant volatility in credit markets given the tumultuous macroeconomic backdrop and hawkish Federal Reserve. Investment-grade bonds, bank loans, and high-yield bonds could perform differently now than in prior risk-off periods due to asset class-specific develo...

The expected risk premium continued sliding in April for the Global Markets Index (GMI). Tuesday’s revision reflects a drop to a 5.4% annualized increase for the long term – a relatively large cut of 40 basis points from last month’s estimate. The forecast ref...

First Trust High Income Long/Short Fund (FSD) had declared $0.105/share monthly dividend, in line with previous. Payable May 16; for shareholders of record May 3; ex-div May 2. See FSD Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: First Trust High...

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on May 16, 2022, to shareholders of record as of May 3, 2022. The ex-dividend date is expected ...

In an era of low yields, generating income has been a challenge for many investors, with attractive yields limited to a narrow range of asset classes. That landscape has improved somewhat since early 2022, with inflation, geopolitical tensions and hawkish global monetary policies driv...

Recent events have just added an additional inflationary impulse into an already high-inflation environment. Europe is somewhat elevated relative to the past but well below what we see in the US. So really, from an investor’s standpoint, this high-yield opportunity in credi...

The expected risk premium for the Global Market Index ticked slightly higher in March to an annualized 5.8% pace, fractionally above last month’s estimate. Using short-term momentum and medium-term mean-reversion market factors (defined below) to adjust the forecast trims GMI&#...

If you’re like most investors I hear from these days, you’re suffering from a serious case of market vertigo. On the one hand, stocks have posted strong gains over the last couple of years: with an annualized average return of over 19% since the start of 2020, the main US ...

First Trust High Income Long/Short Fund (FSD) is a fixed income CEF focusing on US high yield. The CEF has an annual NAV give-up of around -2%, as seen in the past decade. What is particular about this CEF is the fact that the vehicle employs a long/short strategy where the fund i...

As the world reels from the crisis, the blowback is rippling across the world economy and markets. The current risk premia analysis implicitly recommends managing expectations down for GMI and other global multi-asset-class portfolios. The mean reversion factor is estimated as the...