Companies: 10,795·Total market cap: $144.5T
First Trust High Income Long/Short Fund

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

First Trust High Income Long/Short Fund (FSD) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

FSD · shares outstanding · updated Jun 9, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
33.3M -0.38% YoY Change
FY · as of Oct 31, 2023 · Reported in USD
vs 33.4M in FY 2022
Diluted Shares Outstanding
33.3M
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
-0.38%
year-over-year
Float (Free Float)
0
publicly tradable shares
0.0% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-09

Shares Outstanding Growth Rate

3-Year CAGRdeclining
-0.3%
2020 → 2023
5-Year CAGRincreasing
+1.8%
2018 → 2023
10-Year CAGR

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2023Latest
Diluted Shares: 33.3M
33.3M
-0.38%
FY 2022
Diluted Shares: 33.4M
33.4M
-0.15%
FY 2021
Diluted Shares: 33.5M
33.5M
-0.51%
FY 2020
Diluted Shares: 33.6M
33.6M
-2.69%
FY 2019
Diluted Shares: 34.6M
34.6M
+13.55%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Financial Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Financial Services sector.

#SymbolCompanyShares (Basic)vs FSD
#1
Bank of America CorporationBAC
Bank of America Corporation
7.365B+>999%
#2
JPMorgan Chase & Co.JPM
JPMorgan Chase & Co.
2.789B+>999%
#3
Berkshire Hathaway Inc.BRK-B
Berkshire Hathaway Inc.
2.157B+>999%
#4
Visa Inc.V
Visa Inc.
1.942B+>999%
#5
Mastercard IncorporatedMA
Mastercard Incorporated
897.0M+>999%
#6
First Trust High Income Long/Short FundFSD
First Trust High Income Long/Short FundYOU
33.3M
#7
Berkshire Hathaway Inc.BRK-A
Berkshire Hathaway Inc.
1.4M-95.7%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

First Trust High Income Long/Short Fund (FSD) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of October 31, 2023, First Trust High Income Long/Short Fund reports 33.3M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

First Trust High Income Long/Short Fund's basic shares outstanding (33.3M) represents currently issued shares. Diluted shares outstanding (33.3M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

First Trust High Income Long/Short Fund's float is 0 (0.0% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float0(0.0%)
Outstanding33.3M

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

First Trust High Income Long/Short Fund (FSD) shares outstanding history from 2016 to 2023. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

First Trust High Income Long/Short Fund shares outstanding for the fiscal year ending October 31, 2023 were 33.3M, a 0.38% decline year-over-year. First Trust High Income Long/Short Fund FY 2023 shares outstanding were 33.3M, a -0.38% decline from FY 2022.

First Trust High Income Long/Short Fund is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of — — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

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

Frequently asked questions

FSD shares outstanding · 4 questions

As of October 31, 2023, First Trust High Income Long/Short Fund (FSD) has approximately 33.3M basic shares outstanding and 33.3M diluted shares outstanding. This represents a -0.38% year-over-year change from FY 2022 (33.4M). First Trust High Income Long/Short Fund's declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.

FSD shares outstandinghow many shares does FSD haveFSD basic shares 2023FSD diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · First Trust High Income Long/Short Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-09