Public snapshot
FTHY Income Quality Score
First Trust High Yield Opportunities 2027 Term Fund (FTHY) has an Income Quality Score of 39/100, classified as a Question Mark with medium confidence, based on a 5-year income and total-return history.
First Trust High Yield Opportunities 2027 Term Fund (FTHY) is a closed-end fund and is part of the IQ Score universe.
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.
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IQ Score History
Not enough published history yet to draw a trend.
Signals & Drivers
IQ signal scores
Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.
What to watch
- Distributions exceed long-term total return
- 1–2 years with a material annual distribution decline
Flags & gates
- Yield Trap
Distribution Safety
Medium confidence (5–9 years of history)
- 20200.597Held
- 20211.5828Raised
- 20221.5978Raised
- 20231.4238Cut
- 20241.55Raised
- 20251.5Lower total
- 20260.75Partial year
Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.
Browse the full Income Quality Score research across CEFs, BDCs, REITs and income ETFs.
IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.