First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Plans Monthly Dividend of $0.12

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Thursday, June 18th. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.125 per share on Monday, July 27th. This represents a c) annualized dividend and a yield of 11.1%. The ex-dividend date is Wednesday, July 1st.

First Trust High Yield Opportunities 2027 Term Fund Stock Up 0.2%

Shares of First Trust High Yield Opportunities 2027 Term Fund stock opened at $13.55 on Friday. The firm’s 50-day moving average price is $13.54 and its two-hundred day moving average price is $13.78. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $13.20 and a 1-year high of $14.98.

Institutional Investors Weigh In On First Trust High Yield Opportunities 2027 Term Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors bought a new position in First Trust High Yield Opportunities 2027 Term Fund in the 1st quarter valued at $32,000. Colonial Trust Advisors increased its stake in shares of First Trust High Yield Opportunities 2027 Term Fund by 300.0% in the third quarter. Colonial Trust Advisors now owns 3,000 shares of the company’s stock valued at $43,000 after buying an additional 2,250 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of First Trust High Yield Opportunities 2027 Term Fund in the first quarter valued at about $90,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 last quarter. Finally, Camelot Portfolios LLC bought a new position in shares of First Trust High Yield Opportunities 2027 Term Fund in the fourth quarter valued at about $98,000.

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.