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First Trust Specialty Finance and Financial Opportunities Fund (FGB) is a closed-end management investment company based in the United States. Its primary investment objective is to achieve a high level of current income, with a secondary goal of attaining a positive total return. To meet these objectives, the Fund invests at least 80% of its Managed Assets in a diversified portfolio of securities issued by specialty finance and other financial companies.
The Fund is managed by First Trust Advisors L.P., a firm with a rich history dating back to 1991. First Trust Advisors prides itself on providing trusted investment products and advisory services, aimed at helping financial advisors and their clients set and achieve long-term financial goals. The firm operates on core principles that include knowing what you own, investing for the long-term, employing discipline, re-balancing, and controlling taxes.
Recent achievements include a robust portfolio performance that aligns with their investment strategy, emphasizing income generation and capital appreciation. The Fund is continuously exploring new investment opportunities while adhering to its disciplined investment approach. Current projects focus on identifying undervalued assets in the specialty finance sector, aiming to maximize returns while managing risks effectively.
First Trust Specialty Finance and Financial Opportunities Fund collaborates with various financial institutions to enhance its investment opportunities and deliver superior results. Its products are designed to cater to both individual and institutional investors seeking reliable income and long-term growth. With an unwavering commitment to innovation, the Fund consistently offers original ideas and inventive products to meet the evolving needs of its clients.
Overall, FGB stands out as a significant player in the specialty finance market, offering investors a unique blend of income and growth potential. The Fund's disciplined approach, coupled with its strategic partnerships and robust portfolio management, makes it a compelling choice for investors looking to diversify their portfolios with specialty finance securities.
The First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) has announced a quarterly distribution of $0.0825 per share, payable on August 31, 2022. Shareholders of record as of August 23, 2022 will receive this distribution, with an ex-dividend date of August 22, 2022. This distribution represents an annualized yield of 8.13% based on the NAV of $4.06 and 9.14% based on the market price of $3.61. The Fund aims to provide high current income while investing at least 80% of its assets in specialty finance securities.
The First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) has announced a quarterly distribution of
The Fund aims to provide high current income and capital appreciation.
The First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) has announced a quarterly distribution of
First Trust Specialty Finance and Financial Opportunities Fund (FGB) has announced a quarterly distribution of $0.0825 per share, payable on December 1, 2021, to shareholders on record as of November 23, 2021. The ex-dividend date is set for November 22, 2021. The distribution rate based on the November 9, 2021 NAV of $4.58 is 7.21%, while based on the closing market price of $4.24, it is 7.78%.
A portion of the distribution may derive from sources other than net investment income, such as capital gains or return of capital.
First Trust Specialty Finance and Financial Opportunities Fund (FGB) has announced a quarterly distribution of $0.0825 per share, payable on August 31, 2021, to shareholders on record as of August 23, 2021. The ex-dividend date is set for August 20, 2021. The distribution represents a 7.53% rate based on the Fund's net asset value of $4.38 and a 7.80% rate based on the closing market price of $4.23 on August 9, 2021. The Fund primarily invests in specialty finance and financial companies, aiming to provide high current income and attractive total return.
First Trust Specialty Finance and Financial Opportunities Fund (FGB) has announced a quarterly distribution of $0.0825 per share, payable on May 28, 2021. Shareholders on record by May 24, 2021 will receive this distribution, with an ex-dividend date of May 21, 2021. The distribution rate is 7.66% based on the May 7, 2021 NAV of $4.31 and 7.88% based on the closing market price of $4.19. A portion of the distribution will come from sources other than net investment income, and the final tax status will be determined at year-end.
First Trust Specialty Finance and Financial Opportunities Fund (FGB) has announced a quarterly distribution of $0.0825 per share, payable on February 26, 2021, to shareholders recorded as of February 23, 2021. The ex-dividend date is set for February 22, 2021. The distribution yields 8.75% based on the net asset value of $3.77 and 8.97% based on the market price of $3.68. The fund aims for high current income through investments in specialty finance, with 80% of managed assets allocated to this sector.
First Trust Specialty Finance and Financial Opportunities Fund (FGB) has announced a quarterly distribution of $0.0825 per share, payable on December 1, 2020. Shareholders of record as of November 23, 2020 will be eligible, with an ex-dividend date of November 20, 2020. The distribution rate is 10.68% based on the NAV of $3.09, and 12.00% based on the market price of $2.75. The Fund primarily invests in specialty finance securities, aiming to provide high income and attractive total returns.
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