Key information

🔎 Fund Overview

First Trust High Yield Opportunities 2027 Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide current income. The Fund seeks to achieve its investment objective by investing at least 80% of its managed assets in high yield debt securities of any maturity that are rated below investment grade at the time of purchase or unrated securities. Its high yield debt securities include United States and non-United States corporate debt obligations and senior secured floating rate loans. The corporate debt obligations in which the Fund invests are generally issued by United States and non-United States companies to borrow money from investors, to finance their operations. It invests software, health care providers and services, media, pharmaceuticals, Insurance, Hotels, Restaurants and Leisure, Health Care Technology, and Diversified Telecommunication Services. The Fund’s investment advisor is First Trust Advisors L.P.