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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 07/15/2024 |
$12.41 |
$12.48 |
$12.40 |
$12.48 |
119.20K | | 07/16/2024 |
$12.50 |
$12.63 |
$12.46 |
$12.58 |
194.30K | | 07/17/2024 |
$12.52 |
$12.59 |
$12.39 |
$12.42 |
113.70K | | 07/18/2024 |
$12.45 |
$12.50 |
$12.44 |
$12.45 |
155.70K | | 07/19/2024 |
$12.49 |
$12.49 |
$12.22 |
$12.22 |
809.10K |
 |
| First Trust High Income Long/Short Fund is registered as 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 invests in, under normal market conditions, a majority of its assets in a portfolio of United States 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. | |
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First Trust High Income Long/Short Fund (FSD) has the following price history information. Looking back at FSD historical stock prices for the last five trading days, on July 15, 2024, FSD opened at $12.41, traded as high as $12.48 and as low as $12.40, and closed at $12.48. Trading volume was a total of 119.20K shares. On July 16, 2024, FSD opened at $12.50, traded as high as $12.63 and as low as $12.46, and closed at $12.58. Trading volume was a total of 194.30K shares. On July 17, 2024, FSD opened at $12.52, traded as high as $12.59 and as low as $12.39, and closed at $12.42. Trading volume was a total of 113.70K shares. On July 18, 2024, FSD opened at $12.45, traded as high as $12.50 and as low as $12.44, and closed at $12.45. Trading volume was a total of 155.70K shares. On July 19, 2024, FSD opened at $12.49, traded as high as $12.49 and as low as $12.22, and closed at $12.22. Trading volume was a total of 809.10K shares.
FSD Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Trust High Income Long/Short Fund shares, starting with a $10,000 purchase of FSD, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
07/13/2016 |
|
| End date: |
07/19/2024 |
|
| Start price/share: |
$15.08 |
|
| End price/share: |
$12.22 |
|
| Starting shares: |
663.13 |
|
| Ending shares: |
1,395.00 |
|
| Dividends reinvested/share: |
$10.39 |
|
| Total return: |
70.47% |
|
| Average Annual Total Return: |
6.88% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,053.16 |
|
| Years: |
8.02 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
07/13/2016 |
|
| End date: |
07/19/2024 |
|
| Start price/share: |
$15.08 |
|
| End price/share: |
$12.22 |
|
| Dividends collected/share: |
$10.39 |
|
| Total return: |
49.90% |
|
| Average Annual Total Return: |
5.18% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$14,994.99 |
|
| Years: |
8.02 |
|
|
 |
| Date |
Close |
| 07/15/2024 | $12.48 | | 07/16/2024 | $12.58 | | 07/17/2024 | $12.42 | | 07/18/2024 | $12.45 | | 07/19/2024 | $12.22 |
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