Camelot Portfolios buys $9,677,359 stake in First Trust High Income Long/short Fund (FSD)

First Trust High Income Long/short Fund (FSD) : Camelot Portfolios scooped up 6,596 additional shares in First Trust High Income Long/short Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 665,568 shares of First Trust High Income Long/short Fund which is valued at $9,677,359.First Trust High Income Long/short Fund makes up approximately 5.90% of Camelot Portfolios’s portfolio.

Other Hedge Funds, Including , Rmb Capital Management reduced its stake in FSD by selling 28,049 shares or 38.71% in the most recent quarter. The Hedge Fund company now holds 44,410 shares of FSD which is valued at $645,721. First Trust High Income Long/short Fund makes up approx 0.05% of Rmb Capital Management’s portfolio. Ausdal Financial Partners sold out all of its stake in FSD during the most recent quarter. The investment firm sold 2,461 shares of FSD which is valued $35,808. Doliver Capital Advisors added FSD to its portfolio by purchasing 13,441 company shares during the most recent quarter which is valued at $200,271. First Trust High Income Long/short Fund makes up approx 0.17% of Doliver Capital Advisors’s portfolio.Oppenheimer Co Inc reduced its stake in FSD by selling 241 shares or 0.98% in the most recent quarter. The Hedge Fund company now holds 24,316 shares of FSD which is valued at $362,308. First Trust High Income Long/short Fund makes up approx 0.01% of Oppenheimer Co Inc’s portfolio.Hl Financial Services reduced its stake in FSD by selling 2,389 shares or 4.91% in the most recent quarter. The Hedge Fund company now holds 46,286 shares of FSD which is valued at $689,661. First Trust High Income Long/short Fund makes up approx 0.02% of Hl Financial Services’s portfolio.

First Trust High Income Long/Short Fund (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income. The Fund’s secondary objective is capital appreciation. The Fund will seek to achieve its investment objectives by investing under normal market conditions a majority of its assets in a diversified portfolio of U.S. and foreign (including emerging markets) high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade at the time of purchase. Corporate fixed-income securities include corporate bonds debentures notes commercial paper and other similar types of corporate debt instruments including instruments issued by corporations with direct or indirect government ownership as well as asset-backed securities preferred shares loan participations and assignments and payment-in-kind securities. MacKay Shields LLC (MacKay) is a sub-advisor to the Fund.

Leave a Reply

First Trust High Income Long/short Fund - Is it time to Sell?

Top Brokerage Firms are advising their investors on First Trust High Income Long/short Fund. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.