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FIRST TRUST ENERGY INFRASTRUCTURE FUND - FIF STOCK NEWS

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FIRST TRUST ENERGY INFRASTRUCTURE FUND (symbol: FIF) is a specialized investment fund under First Trust Advisors L.P., dedicated to energy infrastructure. Established in 1991, First Trust aims to provide superior investment products and advisory services. FIF focuses on investing in companies involved in the transportation, storage, and processing of energy resources. These companies play a critical role in the global supply chain, ensuring the seamless delivery of energy products.

The core business of FIF revolves around fostering growth and stability within the energy sector. The fund targets a diverse portfolio ranging from oil and natural gas infrastructure to renewable energy projects, aligning with market trends and future energy demands. FIF seeks to deliver consistent returns by investing in high-quality assets that offer robust cash flows.

Recent achievements of FIF include strategic acquisitions and partnerships that enhance its portfolio resilience. The fund has continually invested in emerging technologies and sustainable practices, adapting to the global shift towards cleaner energy. Financially, FIF maintains a strong position with a disciplined approach to risk management and re-balancing, ensuring long-term growth and stability for its investors.

FIF's commitment to providing innovative solutions and high-level service is evident in their approach. They prioritize transparency, educating investors on what they own and promoting a disciplined investment strategy. This ethos is supported by their mission to control taxes and optimize returns through re-balancing and long-term investment planning.

With a dedicated team working diligently to meet clients' needs, FIF stands out as a leader in the energy infrastructure sector. Their continuous effort to integrate original ideas and inventive products keeps them ahead of industry trends, providing clients with reliable and forward-thinking investment opportunities.

Rhea-AI Summary

First Trust Energy Infrastructure Fund (FIF) issues a notice regarding its May 2024 distribution. The Fund declared its final distribution payable on May 2, 2024, to shareholders of record as of April 29, 2024, with an ex-dividend date of April 26, 2024. The Managed Distribution Plan allows for periodic distributions of long-term capital gains. The notice provides information on the distribution sources and amounts. The Fund anticipates that a portion of distributions may be a return of capital.

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First Trust Energy Infrastructure Fund (FIF) has declared its final common share distribution rate of $0.15 per share, payable on May 2, 2024. The distribution rate based on NAV and closing market price is 9.75% and 9.83%, respectively. The distribution is in cash only and part of the Fund's managed distribution policy.
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First Trust Energy Infrastructure Fund (NYSE: FIF) has announced its final common share distribution dates. The distribution is payable on May 2, 2024, to shareholders of record as of April 29, 2024. The ex-dividend date is April 26, 2024, with the per share rate to be announced on April 24, 2024. The distribution will be in cash only, with no dividend reinvestment option. The Fund follows a managed distribution policy approved by its Board of Trustees.
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First Trust Energy Infrastructure Fund (FIF) announces a distribution payable on April 15, 2024, to shareholders of record as of April 2, 2024, under the Managed Distribution Plan.
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First Trust Energy Infrastructure Fund (FIF) declares a monthly common share distribution of $0.10 per share, with a distribution rate of 6.62% based on NAV and 6.78% based on the market price. The Fund's managed distribution policy aims to pay recurring monthly distributions reflecting its cash flow.
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First Trust Energy Infrastructure Fund (FIF) announces a distribution payable on March 15, 2024, to shareholders of record as of March 4, 2024, under the Managed Distribution Plan.
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First Trust Energy Infrastructure Fund (FIF) has declared a monthly common share distribution of $0.10 per share payable on March 15, 2024. The Fund's Board of Trustees approved a managed distribution policy for the Fund, aiming to distribute long-term capital gains periodically throughout the year.
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First Trust Energy Infrastructure Fund (FIF) has announced a distribution payable on February 15, 2024, to shareholders of record as of February 2, 2024, under their Managed Distribution Plan.
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First Trust Energy Infrastructure Fund (FIF) has declared a monthly common share distribution of $0.10 per share payable on February 15, 2024, to shareholders of record as of February 2, 2024. The ex-dividend date is expected to be February 1, 2024. The distribution rate based on the January 19, 2024 NAV is 7.11%, and based on the closing market price is 7.55%. The Fund's Board of Trustees has approved a managed distribution policy, allowing periodic distributions of long-term capital gains as frequently as monthly each tax year.
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First Trust Energy Infrastructure Fund (FIF) has announced a distribution payable on January 16, 2024, to shareholders of record as of January 3, 2024, with an ex-dividend date of January 2, 2024. The Fund has previously approved a managed distribution policy in reliance on exemptive relief received from the SEC, allowing periodic distributions of long-term capital gains as frequently as monthly each tax year.
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FAQ

What is the current stock price of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

The current stock price of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) is $18.1 as of May 3, 2024.

What is the market cap of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

The market cap of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) is approximately 283.6M.

What is FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) is an investment fund focused on energy infrastructure, including transportation, storage, and processing of energy resources.

Who manages FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

FIF is managed by First Trust Advisors L.P., a company dedicated to providing superior investment products and advisory services since 1991.

What types of investments does FIF focus on?

FIF invests in a diverse portfolio of energy infrastructure assets, including oil, natural gas, and renewable energy projects.

How does FIF ensure consistent returns?

FIF ensures consistent returns by investing in high-quality assets with robust cash flows and employing a disciplined risk management and re-balancing strategy.

What are some recent achievements of FIF?

FIF's recent achievements include strategic acquisitions and partnerships, continuous investment in emerging technologies, and adoption of sustainable practices.

How does FIF approach investment transparency?

FIF prioritizes transparency by educating investors on their holdings and promoting disciplined investment strategies.

How does FIF contribute to cleaner energy?

FIF contributes to cleaner energy by investing in renewable energy projects and integrating sustainable practices within its portfolio.

What principles guide FIF’s investment strategy?

FIF's strategy is guided by principles such as long-term investment, discipline, re-balancing, tax control, and transparency.

How does FIF maintain its financial stability?

FIF maintains financial stability through disciplined risk management, a diverse portfolio, and continuous portfolio re-balancing.

What distinguishes FIF from other energy infrastructure funds?

FIF is distinguished by its commitment to innovative solutions, high-level service, and forward-thinking investment opportunities in the energy sector.

FIRST TRUST ENERGY INFRASTRUCTURE FUND

NYSE:FIF

FIF Rankings

FIF Stock Data

283.56M
16.51M
36.63%
0.2%
Asset Management
Financial Services
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United States of America
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