First Trust High Income Long/Short Fund

First Trust High Income Long/Short Fund is a closed-end management investment company, which engages in the provision of current income. The fund was founded on June 18, 2010 and is headquartered in Wheaton, IL.

First Trust High Income Long/Short Fund is a closed-end management investment company. It engages in the business of investing, under normal market conditions, a majority of its assets in a diversified portfolio of the United States and foreign high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade at the time of purchase. The company was founded on June 18, 2010 and is headquartered in Wheaton, IL.

Aberdeen Income Credit Strategies Fund

PHILADELPHIA & WHEATON, Ill.--(BUSINESS WIRE)--abrdn Income Credit Strategies Fund (NYSE: ACP) (“ACP” or the “Acquiring Fund”) and First Trust High Income Long/Short Fund (NYSE: FSD) (“FSD” or the “Acquired Fund”) announce today the completed reorganization of the Acquired Fund with the Acquiring Fund after close of regular business on July 19, 2024. In the reorganization, common shareholders of FSD received an amount of ACP common shares with a net asset value equal to the aggregate net asset.

abrdn Income Credit Strategies Fund (ACP) and First Trust High Income Long/short Fund (FSD) Announce Closing of Reorganization

This article discusses the upcoming merger of First Trust High Income Long/Short Fund into abrdn Income Credit Strategies Fund. The merger of FSD into ACP was approved, with shares to de-list on July 19, 2024. FSD shareholders to receive NAV for NAV shares in ACP, which is trading at a premium to NAV.

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PHILADELPHIA, PA / ACCESSWIRE / July 9, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP" or the "Acquiring Fund") previously announced that shareholders of First Trust High Income Long/Short Fund (NYSE:FSD) ("FSD" or the "Acquired Fund"), advised by First Trust Advisors L.P., have approved the proposed reorganization into ACP ("Reorganization") and today announces that the Reorganization is expected to close at the close of business on July 19, 2024, subject to the satisfaction of customary closing conditions.

abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund and Announces Distribution Payment Details

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) previously announced that shareholders of First Trust High Income Long/Short Fund (NYSE: FSD) (“FSD”), a diversified, closed-end management investment company organized as a Massachusetts business trust, have approved the reorganization of FSD with and into abrdn Income Credit Strategies Fund (“ACP”), a diversified, closed-end management investment company organized as a Delaware statutory trust. Subject to the satisfaction of ce.

First Trust Announces Timing of Reorganization of First Trust High Income Long/Short Fund with and into abrdn Income Credit Strategies Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on July 15, 2024, to shareholders of record as of July 1, 2024. The ex-dividend date is expected to be July 1, 2024. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share:.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for July

First Trust High Inc Long/Short Fund has a higher yield than most other closed-end funds investing in high-yield bonds. The FSD closed-end fund has outperformed the Bloomberg U.S. Aggregate Bond Index and the Bloomberg High Yield Very Liquid Index over the past several months. The fund's leverage is slightly higher than its peers, but it is not a cause for concern.

FSD: This CEF's Short Treasury Position Appears To Be Working

PHILADELPHIA, PA / ACCESSWIRE / May 31, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP), announces today that shareholders of First Trust High Income Long/Short Fund (NYSE:FSD) ("FSD" or the "Acquired Fund") advised by First Trust Advisors L.P. have approved the proposed reorganization into ACP ("Reorganization") which is targeted to be completed before the end of July or as soon as practicable thereafter, subject to the satisfaction of customary closing conditions.

abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund

First Trust / Aberdeen Global Opportunity Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the results of the joint special meeting of shareholders of each of First Trust High Income Long/Short Fund (NYSE: FSD) (“FSD”) and First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (“FAM” and collectively with FSD, the “Funds”) held on May 30, 2024. Shareholders of FSD, a diversified, closed-end management investment company organized as a Massachusetts business trust, have approved the reorganization.

First Trust Announces Results of Joint Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

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WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on June 17, 2024, to shareholders of record as of June 3, 2024. The ex-dividend date is expected to be June 3, 2024. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD):               Distribution per share:               $.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for June

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024. The ex-dividend date is expected to be May 1, 2024. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distribution Rate based o.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for May

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the joint special meeting of shareholders of each of First Trust High Income Long/Short Fund (NYSE: FSD) and First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (each, a “Fund” and collectively, the “Funds”) held on April 18, 2024 has been adjourned in order to permit additional solicitation of shareholders of each Fund and to allow shareholders additional time to vote on the respective reorganizatio.

First Trust Announces Adjournment of the Joint Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund

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WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on April 15, 2024, to shareholders of record as of April 2, 2024. The ex-dividend date is expected to be April 1, 2024. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD):   Distribution per share: $0.105 Distribution Rate.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for April

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the joint special meeting of shareholders of each of First Trust High Income Long/Short Fund (NYSE: FSD) and First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (each, a “Fund” and collectively, the “Funds”) held on March 7, 2024 has been adjourned in order to permit additional solicitation of shareholders of each Fund and to allow shareholders additional time to vote on the respective reorganization.

First Trust Announces Adjournment of the Joint Special Meeting of Shareholders

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the joint special meeting of shareholders of each of First Trust High Income Long/Short Fund (NYSE: FSD) and First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (each, a “Fund” and collectively, the “Funds”) held on February 20, 2024 has been adjourned in order to permit additional solicitation of shareholders of each Fund and to allow shareholders additional time to vote on the respective reorganiza.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024. The ex-dividend date is expected to be March 1, 2024. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distribution Rate b.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for March

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on February 15, 2024, to shareholders of record as of February 2, 2024. The ex-dividend date is expected to be February 1, 2024. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distributi.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for February

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on January 16, 2024, to shareholders of record as of January 3, 2024. The ex-dividend date is expected to be January 2, 2024. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distribution.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for January

First Trust High Income Long/Short Fund is a closed-end fund that focuses on high-yield bonds with a long/short strategy. FSD is a high fee product and has failed to deliver superior risk adjusted performance vs. passive high yield index ETFs. The fund's current discount to NAV is in line with historical average while most other CEFs are trading at historically wide discounts to NAV.

FSD: 4 Reasons Why I Would Avoid This CEF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on December 15, 2023, to shareholders of record as of December 4, 2023. The ex-dividend date is expected to be December 1, 2023. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distributi.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for December

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023. The ex-dividend date is expected to be November 1, 2023. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distributi.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for November

First Trust High Inc Long/Short Fund offers a 12.05% current yield and employs short sales as part of its investment strategy. The FSD ETF's performance has been disappointing, underperforming its benchmark and other bond index funds. The fund primarily invests in high-yield bonds, with a majority of its assets in BB or B-rated securities, indicating relatively low default risk.

FSD: An Unorthodox Strategy, But This Bond CEF Is Better Than People Think

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on October 16, 2023, to shareholders of record as of October 3, 2023. The ex-dividend date is expected to be October 2, 2023. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distribution.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for October

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023. The ex-dividend date is expected to be September 1, 2023. The monthly distribution information for the Fund appears below. First Trust High Income Long/Short Fund (FSD): Distribution per share: $0.105 Distrib.

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