⏳ Fetching live dividend data...
Home › Calculator › FSD Dividend Calculator 2026
First Trust High Income Long/Short Fund · NYSE
Price: $12.22 · Annual div: $1.26/share · Frequency: quarterly · Payout ratio: 50% · Ex-div: TBD
Click to apply scenario to the calculator
Year your monthly dividend income covers each expense (based on current settings)
$10,000 in FSD → $11.12M in 10 years · $31.83/month
The First Trust High Income Long/Short Fund, known by its ticker FSD, is a U.S.-domiciled, closed-ended investment vehicle primarily focused on fixed-income securities. Established on June 18, 2010, it is managed by First Trust Advisors, L.P., with MacKay Shields LLC serving as co-manager. The fund's objective is to achieve high income by investing in fixed-income markets globally. Its portfolio predominantly consists of high-yield corporate debt instruments, such as bonds, debentures, notes, and commercial papers, which are typically rated below investment grade and have diverse maturity dates. To construct its holdings, the fund employs a combination of fundamental analysis and a long/short strategy. This rigorous analytical process evaluates factors like the type, size, and cost of individual securities, scrutinizes the financial health, creditworthiness, and cash flow generation of issuing companies, and considers broader market influences. The fund's performance is measured against the Bank of America Merrill Lynch U.S. High Yield Master II Constrained Index.
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
We'll send you a full breakdown of your projections, DRIP tips, and how to enable dividend reinvestment with your broker.
Free forever. No spam. Unsubscribe anytime. · Privacy Policy
Ready to invest? Open FSD position with:
Real after-tax yield depends on where you live and how you hold FSD.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 10.31% | 7.51% | $1,031 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 8.76% | 5.96% | $876 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 8.25% | 5.45% | $825 / yr |
| 🇬🇧 UK ISA | 0% | 10.31% | 7.51% | $1,031 / yr |
| 🇬🇧 UK Taxable | 8.75% | 9.41% | 6.61% | $941 / yr |
| 🇨🇦 TFSA | 0% | 10.31% | 7.51% | $1,031 / yr |
| 🇨🇦 CA Taxable | 25% | 7.73% | 4.93% | $773 / yr |
| 🇦🇺 Super (pension) | 15% | 8.76% | 5.96% | $876 / yr |
| 🇦🇺 AU Taxable | 30% | 7.22% | 4.42% | $722 / yr |
| 🇩🇪 DE Taxable | 26.375% | 7.59% | 4.79% | $759 / yr |
| 🇫🇷 FR Taxable | 30% | 7.22% | 4.42% | $722 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $1.26/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
FSD pays quarterly — 4 times per year. Next ex-div: TBD.
How FSD compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for FSD sourced from FMP /financial-growth endpoint — real data, not estimates.
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| J-Other | 2019-06-07 | 1,211 | — | — |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the FSD dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
First Trust High Income Long/Short Fund (FSD) is currently trading at $12.22, 24% below its 52-week high. The current dividend yield is 10.31% based on an annual payout of $1.26 per share.
First Trust High Income Long/Short Fund (FSD) is a financial services stock currently trading at $12.22 with a dividend yield of 10.31%. The company pays an annual dividend of $1.26 per share. The payout ratio of 50% suggests the dividend is well-covered by earnings. Over the past 5 years, FSD has grown its dividend at a compound annual rate of 10.2%.
Auto-generated from live market data. For educational purposes only — not financial advice.
Real users. No sign-up required to leave a review.
“Finally a free dividend calculator that doesn't make me sign up or connect my brokerage. Entered SCHD and got the full DRIP projection in seconds. Bookmarked immediately.”
“I've been trying to figure out how much dividend income I'd need to retire. This tool showed me exactly — $400K in JEPI at 7% yield gives me $2,333/month. No calculator did that this clearly before.”
“Really solid passive income calculator. Covers everything: DRIP compounding, Roth IRA tax savings, DCA contributions. The year-by-year breakdown is what I was missing from other tools.”
“As someone planning retirement in 5 years, this dividend yield calculator showed me I need about 12% more in dividend stocks to hit my income target. Incredibly useful and completely free.”
“The Congress trades tracker is genius. Saw that several senators were buying O (Realty Income) and immediately ran it through the DRIP calculator. Bought 50 shares the next day.”
Reviews reflect users' personal experiences. Not financial advice.
Leave a review →