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First Trust Strategic High Income Fund II (FHY)
  • First Trust Advisors L.P. ("FTA") announced that shareholders of First Trust Strategic High Income Fund II (NYSE: FHY), a closed-end fund managed by FTA, have approved the fund's merger with and into First Trust High Income Long/Short Fund (NYSE: FSD), a closed-end fund managed by FTA, at a Special Meeting of Shareholders on June 11, 2018. As previously announced, the Board of Trustees of First Trust Strategic High Income Fund II (NYSE: FHY) and First Trust High Income Long/Short Fund (NYSE: FSD), closed-end funds managed by FTA, has approved the merger of FHY into FSD.  FSD will be the surviving fund. Subject to the satisfaction of certain customary closing conditions, the merger of FHY with and into FSD is expected to become effective immediately before the opening of the NYSE on June 25, 2018. It is currently expected that FSD will declare a dividend payable in July with a record date after the close of the proposed merger and that shareholders of FHY as of the effective time of the merger would receive such dividend if they hold their newly issued shares of FSD through the record date.  No assurance can be given as to the exact timing of the closing of the transaction. Upon the completion of the transaction, which is expected to be tax-free, the assets of FHY will be transferred to, and the liabilities of FHY will be assumed by, FSD, and shareholders of FHY will receive shares of FSD with a value equal to the aggregate net asset value of the FHY shares held by them. The investment objectives and strategies of FSD will remain unchanged.
Closing Share Price and NAV History

Please select the Month for which you wish to view pricing history:

Month         Year           Export To Excel
DateShare Price1Net Asset Value2Premium (Discount)Volume1Net Assets2
6/18/2018 $11.87 $13.75 (13.67%) 19,990 $95,850,684
6/15/2018 $11.93 $13.76 (13.30%) 17,588 $95,926,913
6/14/2018 $11.92 $13.76 (13.37%) 15,977 $95,922,500
6/13/2018 $11.91 $13.75 (13.38%) 16,767 $95,831,842
6/12/2018 $11.93 $13.75 (13.24%) 9,972 $95,862,448
6/11/2018 $11.93 $13.81 (13.61%) 25,320 $96,239,919
6/8/2018 $11.93 $13.79 (13.49%) 24,905 $96,103,679
6/7/2018 $11.88 $13.81 (13.98%) 16,657 $96,291,350
6/6/2018 $11.92 $13.78 (13.50%) 32,044 $96,084,404
6/5/2018 $11.91 $13.79 (13.63%) 19,060 $96,102,274
6/4/2018 $11.90 $13.78 (13.64%) 59,297 $96,062,062
6/1/2018 $11.90 $13.77 (13.58%) 7,448 $95,967,451


1 Share prices and volume are as of the market close on the applicable date.
2 NAV and Net Asset figures are as of market close. Please note that for some funds, NAV may not be calculated every day.
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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