First Trust High Income Long/Short Fund

FSDNYSEFinancial Services

$12.22

$-0.23(-1.85%)

Market Cap$406816020

P/E Ratio—

52W High$12.63

52W Low$10.2

Avg Volume136K

Open$12.49

Beta0.75

Net Income Financials Revenue

First Trust High Income Long/Short Fund (FSD) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

FSD · net income · updated Jun 9, 2026

Core profitability metrics

FSD · net income · margin · TTM · CAGR

Net income was $19.1M for FY2023 (fiscal year ending 2023-10-31), up 124.4% year-over-year. Net profit margin was 96.7%. Based on available data, First Trust High Income Long/Short Fund has been profitable since at least 2016.

FY2023 Net Income$19.1M▲ +124.4% YoY

Trailing 12M (TTM)$30.8Mtrailing 4 quarters sum

Net Profit Margin96.7%$19.1M ÷ $19.8M

YoY Change+124.4%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2016

▸ FMP /income-statement · Annual · FSD net income history · FSD profit margin

Annual net income data

FSD · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2023$19.1M▲ +124.4%96.7%$19.8M

FY2022Loss−$78.4M▼ 224.5%—−$77.7M

FY2021$63.0M▲ +7531.6%98.4%$64.0M

FY2020Loss−$847,150▼ 101.5%-239.0%$354,487

FY2019$55.7M▲ +607.8%98.4%$56.6M

Net income vs peers (Financial Services)

FSD vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

First Trust High Income Long/Short FundYOU

FSD

$19.1M+124.4%96.7%

Berkshire Hathaway Inc.

BRK-A

$66.97B-24.8%18.0%

100%

Berkshire Hathaway Inc.

Mastercard Incorporated

$14.97B+16.3%45.6%

22%

Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

First Trust High Income Long/Short Fund (FSD) reported net income of $19.1M for FY2023 (fiscal year ending 2023-10-31), up 124.4% year-over-year. The net profit margin was 96.7% — meaning the company kept $0.97 of every dollar of revenue as profit.

Based on available data, First Trust High Income Long/Short Fund has been profitable since at least 2016. Net income reached a peak of $63.6M in FY2017. Data available for 8 fiscal years.

First Trust High Income Long/Short Fund's net profit margin was 96.7% for FY2023, based on the latest annual results.

Investors sometimes search for "First Trust High Income Long/Short Fund net worth" — the company's market capitalization is a separate figure from FSD net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

FSD net income · 5 questions

First Trust High Income Long/Short Fund is profitable. The company reported net income of $19.1M for FY2023, a net profit margin of 96.7%. Net income was up 124.4% year-over-year. Based on available data, First Trust High Income Long/Short Fund has been profitable since at least 2016.

is FSD profitabledoes FSD make a profitFSD profitabilityFSD profitable company

▸ Source: FMP /income-statement · GAAP · First Trust High Income Long/Short Fund · First Trust High Income Long/Short Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026