First Trust High Yield Opportunities 2027 Term Fund (FTHY) to Issue Monthly Dividend of $0.12 on July 27th

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 of this dividend is Wednesday, July 1st.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of FTHY opened at $13.55 on Friday. The company’s fifty day moving average is $13.55 and its 200 day moving average is $13.78. First Trust High Yield Opportunities 2027 Term Fund has a fifty-two week low of $13.20 and a fifty-two week high of $14.98.

Institutional Trading of First Trust High Yield Opportunities 2027 Term Fund

Institutional investors have recently added to or reduced their stakes in the company. Sit Investment Associates Inc. increased its stake in First Trust High Yield Opportunities 2027 Term Fund by 65.9% in the fourth quarter. Sit Investment Associates Inc. now owns 2,419,971 shares of the company’s stock worth $34,049,000 after purchasing an additional 961,702 shares during the period. Punch & Associates Investment Management Inc. grew its position in shares of First Trust High Yield Opportunities 2027 Term Fund by 48.6% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 827,076 shares of the company’s stock worth $11,637,000 after buying an additional 270,334 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in First Trust High Yield Opportunities 2027 Term Fund by 20,169.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 217,488 shares of the company’s stock valued at $3,060,000 after purchasing an additional 216,415 shares during the period. Aurora Private Wealth Inc. bought a new position in First Trust High Yield Opportunities 2027 Term Fund in the fourth quarter worth approximately $2,761,000. Finally, Noble Wealth Management PBC lifted its stake in shares of First Trust High Yield Opportunities 2027 Term Fund by 477.0% during the 4th quarter. Noble Wealth Management PBC now owns 108,454 shares of the company’s stock worth $1,526,000 after purchasing an additional 89,659 shares during the last quarter.

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.