What is First Trust High Income Long/Short Fund (FSD) stock price today?

First Trust High Income Long/Short Fund (FSD) is currently trading at $12.22, down 1.85% today.

What is FSD P/E ratio?

First Trust High Income Long/Short Fund's P/E ratio is 21.44. This is near the market average.

What is FSD return on equity (ROE)?

First Trust High Income Long/Short Fund's return on equity (ROE) is 4.66%, indicating how efficiently the company generates profit from shareholders' equity. This is below the typical market average of 12-15%.

What is First Trust High Income Long/Short Fund's market cap?

First Trust High Income Long/Short Fund has a market capitalization of $406.82M.

NYSE · Asset Management - Income

First Trust High Income Long/Short Fund (FSD) Stock

$12.22 -1.85% NYSE: FSD Financial Services

Valuation

Metric	Value
Price	$12.22
Market Cap	$406.82M
P/E Ratio	21.44
P/B Ratio	1.02
P/S Ratio	20.60
EPS (TTM)	$0.57
52-Week High	$12.63
52-Week Low	$10.20
Dividend Yield	10.31%

Financials & Margins

Metric	Value
ROE	4.66%
ROA	3.19%
ROCE	3.20%
Gross Margin	68.34%
Operating Margin	96.73%
Net Margin	96.73%
Debt/Equity	0.36
Current Ratio	32.51

Annual Financials (USD)

Metric	2019	2020	2021	2022	2023
Revenue	$57.0M	$0	$64.0M	$-78.0M	$20.0M
Operating Profit	$56.0M	$-1.0M	$63.0M	$-73.0M	$19.0M
Net Profit	$56.0M	$-1.0M	$63.0M	$-78.0M	$19.0M
EPS	$1.61	$-0.03	$1.88	$-2.34	$0.57
Op Margin	98.4%	-239.0%	98.4%	94.2%	96.7%

Balance Sheet (USD)

Metric	2019	2020	2021	2022	2023
Total Assets	$773.0M	$734.0M	$753.0M	$627.0M	$600.0M
Total Liabilities	$191.0M	$207.0M	$210.0M	$205.0M	$202.0M
Cash	$17.0M	$33.0M	$40.0M	$87.0M	$60.0M
Borrowings	$26.0M	$120.0M	$142.0M	$143.0M	$144.0M

Cash Flow (USD)

Metric	2019	2020	2021	2022	2023
Operating Cash Flow	$81.0M	$-29.0M	$33.0M	$88.0M	$16.0M
Investing Cash Flow	$48.0M	$-61.0M	$0	$60.0M	$-4.0M
Financing Cash Flow	$-26.0M	$75.0M	$17.0M	$0	$-2.0M
Net Cash Flow	$19.0M	$11.0M	$8.0M	$46.0M	$-27.0M
Free Cash Flow	$81.0M	$-29.0M	$33.0M	$88.0M	$16.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	0.21
EV / EBITDA	25.45
FCF Yield	3.88%
Quick Ratio	32.51
Interest Coverage	1.49
Return 1Y	—
Return 3Y	—
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
BIATXBrown Advisory Total Return Fund - Investor Shares	$8.67	+0.34%	—	$394.11M	0.00%
EGOHXAllspring Large Cap Core Fund - Class R	$15.80	-0.38%	15.71	$414.94M	0.00%
FEIFirst Trust MLP and Energy Income Fund	$9.83	+0.20%	16.95	$444.60M	3.06%
FENFirst Trust Energy Income and Growth Fund	$16.00	-0.19%	11.94	$311.42M	0.00%
GTCGXGlenmede Fund, Inc. - Glenmede Core Fixed Income Portfolio	$9.39	+0.00%	—	$364.39M	0.00%

About First Trust High Income Long/Short Fund

The First Trust High Income Long/Short Fund, known by its ticker FSD, is a U.S.-domiciled, closed-ended investment vehicle primarily focused on fixed-income securities. Established on June 18, 2010, it is managed by First Trust Advisors, L.P., with MacKay Shields LLC serving as co-manager. The fund's objective is to achieve high income by investing in fixed-income markets globally. Its portfolio predominantly consists of high-yield corporate debt instruments, such as bonds, debentures, notes, and commercial papers, which are typically rated below investment grade and have diverse maturity dates. To construct its holdings, the fund employs a combination of fundamental analysis and a long/short strategy. This rigorous analytical process evaluates factors like the type, size, and cost of individual securities, scrutinizes the financial health, creditworthiness, and cash flow generation of issuing companies, and considers broader market influences. The fund's performance is measured against the Bank of America Merrill Lynch U.S. High Yield Master II Constrained Index.

First Trust High Income Long/Short Fund is headquartered in US.

First Trust High Income Long/Short Fund (FSD) stock trades at $12.22 with a market capitalization of $406.82M. The stock is valued at a price-to-earnings (P/E) ratio of 21.44, price-to-book of 1.02, price-to-sales of 20.60. Over the past 52 weeks the stock has ranged between $10.20 and $12.63, and currently trades 3.2% below its 52-week high. It pays a dividend yielding 10.31%.

On profitability, First Trust High Income Long/Short Fund generates a return on equity (ROE) of 4.66%, return on capital employed of 3.20%, an operating margin of 96.73%, a net profit margin of 96.73%.

Official website: www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FSD