First Trust High Yield Opportunities 2027 Term Fund logo

FTHY

First Trust High Yield Opportunities 2027 Term Fund

$15.45

Key Ratios

Key ratios of the First Trust High Yield Opportunities 2027 Term Fund post its Q4 2021 earnings

Return on Assets (ROA)
0
Return on Equity (ROE)
0
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Trust High Yield Opportunities 2027 Term Fund’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Trust High Yield Opportunities 2027 Term Fund’s return on equity (ROE) stands at 0.

Dividend Per Share (DPS):

First Trust High Yield Opportunities 2027 Term Fund declared 0 dividend per share during the earnings announcement for Q4 2021.

Company Information

First Trust High Yield Opportunities 2027 Term Fund is a diversified, closed-end management investment company. The investment objective of the Fund is to provide current income. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its Managed Assets in high yield debt securities of any maturity that are rated below investment grade at the time of purchase or unrated securities determined by the Advisor to be of comparable quality. High yield debt securities include U.S. and non-U.S. corporate debt obligations and senior, secured floating rate loans ("Senior Loans"). Securities rated below investment grade are commonly referred to as "junk" or "high yield" securities and are considered speculative with respect to the issuer's capacity to pay interest and repay principal. There can be no assurance that the Fund will achieve its investment objective or that the Fund's investment strategies will be successful.

Organisation
First Trust High Yield Opportunities 2027 Term Fund
Headquarters
120 East Liberty Drive, Wheaton, IL, United States, 60187
Industry
Miscellaneous