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First Trust High Yield Opportunities 2027 Term Fund (FTHY)

Financial Services | Asset Management | Wheaton, United States | NYSE
13.53 USD
After hours: 13.53
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take ↕ | July 11, 2026, 4:29 a.m. EDT

The most critical issue here is the unsustainable payout ratio of 145%, which indicates the fund is distributing significantly more than its earnings, eroding capital over time. While the headline yield of 11% is attractive, it is a trap for income investors who do not understand that the distribution is not backed by sustainable earnings. Fundamentally, the asset is a value trap; despite a recent price recovery that brought the year-to-date performance to flat, the five-year trajectory remains a catastrophic -29% decline, reflecting a structural deterioration in the underlying high-yield bond portfolio. The recent news headlines explicitly warn of a 'ticking clock' and advise avoidance, confirming that the market views the discount as insufficient to offset the credit risks inherent in the fund's holdings. Statistically, the short-term forecast leans slightly negative, aligning with the broader bearish sentiment on this specific term fund. Consequently, there is no clear directional edge for either the short or long term, making it a neutral hold at best, but a dangerous bet for those seeking reliable income.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.007141
AutoETS0.008752
AutoARIMA0.008862
MSTL0.009864
MSTL_1260.012718
MSTL_84_1260.019667
MSTL_840.020038

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 62%
H-stat 1.16
Ljung-Box p 0.000
Jarque-Bera p 0.820
Excess Kurtosis -0.06
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-30
Last Dividend Date 2026-06-30
Market Cap 497,538,528
Trailing P/E 13.14

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.92% 10.75% 10.81% 10.50%
Dividend History
Date Dividend Yield %
2026-07-01 0.125 0.918442
2026-06-01 0.125 0.921829
2026-05-01 0.125 0.921829
2026-04-01 0.125 0.930752
2026-03-02 0.125 0.905797
2026-02-02 0.125 0.887784
2026-01-02 0.125 0.893495
2025-12-01 0.125 0.890948
2025-11-03 0.125 0.883392
2025-10-01 0.125 0.871080
2025-09-02 0.125 0.858516
2025-08-01 0.125 0.861475
2025-07-01 0.125 0.847458
2025-06-02 0.125 0.874738
2025-05-01 0.125 0.885897
2025-04-01 0.125 0.874738
2025-03-03 0.125 0.857339
2025-02-03 0.125 0.852079
2025-01-02 0.125 0.867453
2024-12-02 0.125 0.841751
2024-11-01 0.125 0.859107
2024-10-01 0.130 0.865513
2024-09-03 0.130 0.878972
2024-08-01 0.130 0.880759
2024-07-01 0.130 0.915493
2024-06-03 0.130 0.932568
2024-05-01 0.130 0.920028
2024-04-01 0.130 0.905923
2024-03-01 0.130 0.895317
2024-02-01 0.130 0.926586
2024-01-02 0.130 0.941347
2023-12-01 0.130 0.957290
2023-11-01 0.130 1.013250
2023-10-02 0.130 0.995406
2023-09-01 0.130 0.948905
2023-08-01 0.130 0.947522
2023-07-03 0.130 0.954479
2023-06-01 0.130 0.962250
2023-05-01 0.130 0.929900
2023-04-03 0.130 0.935252
2023-03-02 0.127 0.906495
2023-02-01 0.127 0.868673
2022-12-29 0.127 0.940741
2022-12-01 0.127 0.878893
2022-11-01 0.127 0.913669
2022-10-03 0.127 0.937962
2022-09-01 0.127 0.856950
2022-08-01 0.127 0.817246
2022-07-01 0.134 0.918437
2022-06-01 0.134 0.842767
2022-05-02 0.134 0.819572
2022-04-01 0.134 0.768349
2022-03-01 0.149 0.837079
2022-02-01 0.149 0.774428
2021-12-30 0.149 0.729320
2021-12-01 0.149 0.732547
2021-11-01 0.149 0.716691
2021-10-01 0.149 0.725061
2021-09-01 0.149 0.720851
2021-08-02 0.119 0.581339
2021-07-01 0.119 0.593220
2021-06-01 0.119 0.598893
2021-05-03 0.119 0.587654
2021-04-01 0.119 0.598291
2021-03-01 0.119 0.595298
2021-02-01 0.119 0.605598
2020-12-30 0.119 0.592040
2020-12-01 0.119 0.601922
2020-11-02 0.119 0.604982
2020-10-01 0.119 0.581055
2020-09-01 0.119 0.566667
Additional Data
dividendRate 1.5
dividendYield 11.09
exDividendDate 2026-07-01
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.125
lastDividendDate 2026-07-01

Info Dump

Attribute Value
52 Week Change -0.07392198
Address1 120 East Liberty Drive
Address2 Suite 400
All Time High 21.8
All Time Low 12.66
Ask 13.65
Ask Size 200
Average Daily Volume10 Day 86,910
Average Daily Volume3 Month 95,352
Average Volume 95,352
Average Volume10Days 86,910
Bid 13.28
Bid Size 100
City Wheaton
Country United States
Crypto Tradeable 0
Currency USD
Current Price 13.53
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 13.6
Day Low 13.491
Dividend Rate 1.5
Dividend Yield 11.09
Ebitda Margins 0.0
Eps Trailing Twelve Months 1.03
Esg Populated 0
Ex Dividend Date 1,782,864,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.5308
Fifty Day Average Change -0.00080013275
Fifty Day Average Change Percent -0.00005913418
Fifty Two Week Change Percent -7.3921976
Fifty Two Week High 14.87
Fifty Two Week High Change -1.3400002
Fifty Two Week High Change Percent -0.09011433
Fifty Two Week Low 13.201
Fifty Two Week Low Change 0.32899952
Fifty Two Week Low Change Percent 0.024922317
Fifty Two Week Range 13.201 - 14.87
First Trade Date Milliseconds 1,593,178,200,000
Five Year Avg Dividend Yield 10.03
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.000080000005
Held Percent Institutions 0.66268
Implied Shares Outstanding 36,772,989
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,782,864,000
Last Dividend Value 0.125
Long Name First Trust High Yield Opportunities 2027 Term Fund
Market us_market
Market Cap 497,538,528
Market State PREPRE
Max Age 86,400
Message Board Id finmb_665858890
Non Diluted Market Cap 497,538,541
Open 13.54
Operating Margins 0.0
Payout Ratio 1.4563
Phone 630-765-8000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 13.53
Post Market Time 1,783,980,455
Previous Close 13.53
Price Hint 2
Profit Margins 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 13.6
Regular Market Day Low 13.491
Regular Market Day Range 13.491 - 13.6
Regular Market Open 13.54
Regular Market Previous Close 13.53
Regular Market Price 13.53
Regular Market Time 1,783,972,802
Regular Market Volume 53,180
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 36,772,989
Shares Percent Shares Out 0.0031
Shares Short 114,613
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 178,457
Short Percent Of Float 0.0045
Short Ratio 1.08
Source Interval 15
State IL
Symbol FTHY
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.03
Trailing P E 13.135922
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 13.860075
Two Hundred Day Average Change -0.33007526
Two Hundred Day Average Change Percent -0.023814825
Type Disp Equity
Volume 53,180
Zip 60,187