First Trust High Yield Opportunities 2027 Term Fund
NYSE: FTHY · FINANCIAL SERVICES · ASSET MANAGEMENT
Updated 2026-06-05
First Trust High Yield Opportunities 2027 Term Fund (FTHY) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $-1.00B | $91.35M | $211.81M | $49.38M | $30.21M |
| Capital expenditures | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation | — | — | — | — | — |
| Stock-based comp | — | — | — | — | — |
| Free cash flow | $-1.00B | $91.35M | $211.81M | $49.38M | $30.21M |
| Investing cash flow | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — |
| Dividends paid | $39.47M | $61.48M | $56.78M | $57.37M | $56.08M |
| Share repurchases | — | — | — | — | — |
| Debt repayment | — | — | — | — | — |
| Net change in cash | — | — | — | — | — |
Frequently asked questions
How profitable is FTHY?
In its most recent fiscal year, FTHY ran a gross margin of 84.95%, an operating margin of 83.65%, and a net margin of 83.65%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does FTHY generate?
FTHY produced $30.21M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is FTHY's balance sheet healthy?
FTHY holds $211899.00 in cash and equivalents against — in long-term debt, on $552.49M of shareholder equity. That debt is best read against the cash flow the business throws off each year.