Company overview
Understand the business
First Trust High Yield Opportunities 2027 Term Fund (FTHY) is a U.S.-domiciled closed-end investment fund. FTHY invests mainly in high-yield corporate debt and senior loans. Its term structure and planned 2027 horizon must be considered alongside borrower defaults, refinancing conditions and current cash distributions.
Primary earnings measures
Reported fund net investment income per common share, with its exact reporting period, is the core income measure shown here. Realized gains, unrealized changes and distributions are separate measures.
How the company supports its distribution
Bond interest, less expenses and financing costs, is the central recurring income source. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.