First Trust High Income Long/Short Fund (NYSE:FSD) Announces Monthly Dividend of $0.11

First Trust High Income Long/Short Fund (NYSE:FSD) announced a monthly dividend on Thursday, June 20th, NASDAQ reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.105 per share on Monday, July 15th. This represents a $1.26 dividend on an annualized basis and a yield of 10.21%. The ex-dividend date is Monday, July 1st.

First Trust High Income Long/Short Fund has raised its dividend by an average of 11.3% per year over the last three years.

First Trust High Income Long/Short Fund Stock Up 1.1 %

Shares of FSD opened at $12.34 on Friday. The stock has a 50-day moving average of $11.92 and a two-hundred day moving average of $11.79. First Trust High Income Long/Short Fund has a one year low of $10.20 and a one year high of $12.38.

First Trust High Income Long/Short Fund Company Profile

First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers.