Camelot Portfolios Lowers stake in First Trust High Income Long/short Fund (FSD)

First Trust High Income Long/short Fund (FSD) : Camelot Portfolios reduced its stake in First Trust High Income Long/short Fund by 8.23% during the most recent quarter end. The investment management company now holds a total of 610,811 shares of First Trust High Income Long/short Fund which is valued at $9,467,571 after selling 54,757 shares in First Trust High Income Long/short Fund , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.First Trust High Income Long/short Fund makes up approximately 5.29% of Camelot Portfolios’s portfolio.

Other Hedge Funds, Including , Thomas J. Herzfeld Advisors reduced its stake in FSD by selling 340 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 44,825 shares of FSD which is valued at $694,788. First Trust High Income Long/short Fund makes up approx 0.35% of Thomas J. Herzfeld Advisors’s portfolio.Oppenheimer Co Inc reduced its stake in FSD by selling 555 shares or 2.28% in the most recent quarter. The Hedge Fund company now holds 23,761 shares of FSD which is valued at $365,919. First Trust High Income Long/short Fund makes up approx 0.01% of Oppenheimer Co Inc’s portfolio.Advisors Asset Management boosted its stake in FSD in the latest quarter, The investment management firm added 12,598 additional shares and now holds a total of 96,191 shares of First Trust High Income Long/short Fund which is valued at $1,481,341. First Trust High Income Long/short Fund makes up approx 0.02% of Advisors Asset Management’s portfolio.Hl Financial Services boosted its stake in FSD in the latest quarter, The investment management firm added 2,522 additional shares and now holds a total of 48,808 shares of First Trust High Income Long/short Fund which is valued at $743,346. 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.

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