First Trust High Yield Opportunities 2027 Term Fund scheduled a September 15, 2026 vote to elect Richard E. Erickson and Thomas R. Kadlec as two Class I Trustees. Shareholders of record on July 28 may vote one vote per share.

First Trust High Yield Opportunities 2027 Term Fund’s annual voting notice for 2026 lists zero series and names James M. Dykas, President and Chief Executive Officer, as signatory.

Morgan Stanley and Morgan Stanley Smith Barney LLC reported beneficial ownership of 3.3 million common shares, or 8.9% of First Trust High Yield Opportunities 2027 Term Fund, up from 7.6% in the prior filing.

Morgan Stanley and Morgan Stanley Smith Barney LLC amended their beneficial ownership filing for FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND to report ownership of 2,785,145 shares, or 7.6% of the class, with 220 shared voting shares.

Sit Investment Associates and Sit Fixed Income Advisors II reported shared beneficial ownership of 2,419,971 shares, or 6.6%, of First Trust High Yield Opportunities 2027 Term Fund common stock. The advisers state the shares are held in client Accounts and are not held to influence control of the issuer.

Sit Investment Associates and Sit Fixed Income Advisors II reported shared beneficial ownership of 2.4 million shares, or 6.6%, of First Trust High Yield Opportunities 2027 Term Fund common stock. The reporting states the shares are held in client accounts in the ordinary course of business and not to influence control of the issuer.

First Trust Portfolios updated the Joint Insured Fidelity Bond for the First Trust complex of 17 funds, covering October 9, 2025 to October 9, 2026. The bond and related Board-approved coverage documents maintain fidelity bond protection for the funds during that period.

Director Thomas J. Driscoll reported no Common Shares of First Trust High Yield Opportunities 2027 Term Fund following the transaction, reducing his direct ownership to 0. This leaves him with no reported share ownership in the Fund.

First Trust High Yield Opportunities 2027 Term Fund Portfolio Manager Kevin L. Ziets purchased 3,000 common shares at $14.5985 per share on August 20, 2025. Ziets beneficially owned 3,000 shares directly after the purchase.

Kevin L. Ziets granted W. Scott Jardine, Kristi A. Maher, Erin E. Klassman, James M. Dykas and Eric F. Fess authority to sign and amend Forms 3, 4 and 5 on his behalf for First Trust Portfolios and First Trust Advisors-related companies. The authority remains effective until he is no longer required to file those ownership reports or revokes it in writing.