Federal

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for May

Retrieved on: 
Monday, April 22, 2024
Professional Services, Finance, Sale, FMY, Federal Reserve, Investment, New York Stock Exchange, Risk, Uncertainty, Federal, FTP, AIB (NI), FTA, Internal Revenue Code, Terrorism, Failure, Fund, ERISA, Infection, Judgement, Hamas, FINRA, COVID-19, Security (finance)

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.

Key Points: 
  • First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for May

Retrieved on: 
Monday, April 22, 2024
Professional Services, Finance, Federal Reserve, Investment, New York Stock Exchange, Risk, Uncertainty, NAV, Bankruptcy, Federal, FTP, AIB (NI), FTA, Internal Revenue Code, COVID-19, Terrorism, Fund, ERISA, Infection, Trust, Judgement, Hamas, FINRA, Fraud, Interest, Security (finance)

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.

Key Points: 
  • First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.
  • The Fund has a practice of seeking to maintain a relatively stable monthly distribution which may be changed periodically.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for May

Retrieved on: 
Monday, April 22, 2024
Professional Services, Finance, Federal Reserve, Investment, New York Stock Exchange, Risk, Uncertainty, Federal, Research, FSD, FTP, AIB (NI), FTA, Internal Revenue Code, Movement, Terrorism, Loss, Fund, ERISA, Taft–Hartley Act, Infection, Judgement, Hamas, FINRA, Fraud, COVID-19, Security (finance)

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for May

Retrieved on: 
Monday, April 22, 2024
Asset Management, Professional Services, Finance, Federal Reserve, Investment, New York Stock Exchange, European Central Bank, Risk, Uncertainty, Federal, Abrdn, FTP, AIB (NI), FTA, European, Internal Revenue Code, Movement, Terrorism, Loss, Fund, ERISA, Infection, Judgement, Hamas, Organic, FINRA, Fraud, Government, FAM, COVID-19, Central bank, Security (finance)

First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.

Key Points: 
  • First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
  • Market risk is the risk that a particular investment, or shares of a fund in general may fall in value.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for May

Retrieved on: 
Monday, April 22, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Federal Reserve, Investment, New York Stock Exchange, Risk, Uncertainty, NAV, Federal, FTP, AIB (NI), FTA, Internal Revenue Code, Terrorism, Fund, ERISA, Infection, Judgement, Hamas, FINRA, Debtor, COVID-19, Security (finance)

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.

Key Points: 
  • First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024.
  • The Fund has a practice of seeking to maintain a relatively stable monthly distribution which may be changed periodically.
  • The Fund pursues these investment objectives by investing primarily in senior secured floating-rate corporate loans.
  • Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in lower grade debt instruments.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Monday, April 22, 2024
Professional Services, Finance, MAKE, Investment, Risk, Terrorism, Face, Prospectus, Federal Reserve, Federal Deposit Insurance Corporation, Uncertainty, OTC, DJIA, Federal, AIB (NI), FTA, FLEX, ERISA, Financial services, Infection, Standard, Hamas, Adviser, Reputational damage, Dow Jones, S&P, Internal Revenue Code, S&P Global, Fund, Judgement, FINRA, Corporation, FTP, S&P Dow Jones Indices, Failure, ETF, COVID-19, Security (finance)

FTA has collective assets under management or supervision of approximately $226 billion as of March 28, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $226 billion as of March 28, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Please refer to each fund's prospectus and Statement of Additional Information for additional details on a fund's risks.
  • In addition, a fund's investment performance and risks may be related to the investment performance and risks of the underlying funds.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.13 Per Share for May

Retrieved on: 
Monday, April 22, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Debt-to-GDP ratio, Federal Reserve, Investment, New York Stock Exchange, Risk, Uncertainty, NAV, Federal, FTP, AIB (NI), FTA, Environment, Internal Revenue Code, Terrorism, Fund, ERISA, Infection, Nationalization, Judgement, Hamas, FINRA, COVID-19, Security (finance)

First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.13 per share payable on May 28, 2024, to shareholders of record as of May 2, 2024.

Key Points: 
  • First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.13 per share payable on May 28, 2024, to shareholders of record as of May 2, 2024.
  • The Fund has a practice of seeking to maintain a relatively stable monthly distribution which may be changed periodically.
  • High yield debt securities include U.S. and non-U.S. corporate debt obligations and senior, secured floating rate loans ("Senior Loans").
  • The Fund is not a "target term" Fund and its primary objective is to provide high current income.

First Farmers and Merchants Corporation Reports First Quarter Results

Retrieved on: 
Monday, April 22, 2024
Banking, Professional Services, Finance, Sale, Total, Investment, HTM, FleetBoston Financial, Federal, Farmer, Environment, OTC Markets Group, First, Growth

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced its results for the first quarter of 2024.

Key Points: 
  • First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced its results for the first quarter of 2024.
  • “First Farmers’ results for the first quarter were on track with our expectations,” stated Brian K. Williams, Chairman and Chief Executive Officer of First Farmers.
  • “The repositioning of our balance sheet contributed to the expansion of our net interest margin during the first quarter.
  • First quarter 2024 stock repurchases represented a 7,034% increase compared to the sequential fourth quarter and an 87.4% increase compared to the year earlier quarter.

First Trust Energy Income and Growth Fund Declares Its Final Common Share Distribution Dates

Retrieved on: 
Friday, April 19, 2024
Professional Services, Finance, MLP, Common, Federal Reserve, Investment, Risk, Uncertainty, Federal, FTP, AIB (NI), FTA, Internal Revenue Code, Terrorism, Fund, ERISA, Infection, Judgement, Hamas, EIP, FINRA, COVID-19, Growth

First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared its final common share distribution, which may not ultimately be made, as further discussed below, payable on May 2, 2024, to shareholders of record as of April 29, 2024.

Key Points: 
  • First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared its final common share distribution, which may not ultimately be made, as further discussed below, payable on May 2, 2024, to shareholders of record as of April 29, 2024.
  • The Fund will make the distribution on the date listed above if any estimated accumulated earnings and profits remain.
  • The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund's investment sub-advisor believes offer opportunities for income and growth.
  • The Fund is treated as a regular corporation, or a "C" corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.

First Trust Energy Infrastructure Fund Declares its Final Common Share Distribution Dates

Retrieved on: 
Friday, April 19, 2024
Finance, Banking, Energy, Professional Services, Other Energy, MLP, New York Stock Exchange, Federal Reserve, Investment, Risk, Policy, Natural gas, Uncertainty, Security (finance), Federal, Plan, Trustee, FTP, AIB (NI), FTA, Internal Revenue Code, Petroleum, Terrorism, ERISA, Infection, Judgement, Hamas, EIP, FINRA, COVID-19, Life insurance

First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared its final common share distribution, payable on May 2, 2024, to shareholders of record as of April 29, 2024.

Key Points: 
  • First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared its final common share distribution, payable on May 2, 2024, to shareholders of record as of April 29, 2024.
  • This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains.
  • The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector.
  • Energy Income Partners, LLC ("EIP") serves as the Fund's investment sub-advisor and provides advisory services to a number of investment companies and partnerships for the purpose of investing in energy, utility and other energy infrastructure securities.