MLP

Barclays Bank PLC Announces Change to the Coupon Ex-Date for its iPath® Select MLP ETNs

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пятница, мая 17, 2024
Finance, Banking, Professional Services, Other Professional Services, Asset Management, EDGAR, Risk, Effective date, MLP, Barclays, Zorg, T+2, Bank, Prospectus, Coupon, T+1, CBOE, Security (finance)

Barclays Bank PLC (the “Issuer”) announced today that, effective Tuesday, May 28, 2024 (the “Effective Date”), the definition of Coupon Ex-Date for its iPath® Select MLP ETNs (the “ETNs”) will be amended.

Key Points: 
  • Barclays Bank PLC (the “Issuer”) announced today that, effective Tuesday, May 28, 2024 (the “Effective Date”), the definition of Coupon Ex-Date for its iPath® Select MLP ETNs (the “ETNs”) will be amended.
  • Prior to the change described above being made, the Coupon Ex-Date (as defined in the prospectus for the ETNs) for the ETNs meant the eighth index business day following each Coupon Valuation Date.
  • Beginning on and including the Effective Date, the Coupon Ex-Date for the ETNs means the ninth index business day following each Coupon Valuation Date.
  • Following the Coupon Valuation Date on May 15, 2024, the next Coupon Ex-Date and Coupon Record Date for the ETNs will be May 29, 2024.

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

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понедельник, мая 13, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Risk, AIB (NI), Investment, Average revenue per user, Federal, Infection, Internal Revenue Code, Judgement, Indian Sugar Mills Association, Internal Revenue Service, Hamas, Face, Loss, Bankruptcy, MLP, Reputational damage, Security (finance), Uncertainty, ERISA, FTA, COVID-19, Fund, Inventory, Federal Reserve, Environment, Failure, FTP, Federal Deposit Insurance Corporation, Rule, Index, Tax, Terrorism, Government, NAV, ETF, Prospectus, Recession, FINRA

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.

Key Points: 
  • 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.
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.
  • However, unlike mutual funds, shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

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понедельник, мая 13, 2024
Finance, Consulting, Professional Services, Other Professional Services, Asset Management, Uncertainty, European Central Bank, ERISA, Internal Revenue Code, MFD, Risk, Judgement, FTA, COVID-19, Investment, Terrorism, MLP, Macquarie Group, Adviser, AIB (NI), New York Stock Exchange, Fund, Federal Energy Regulatory Commission, Federal Reserve, NAV, Weather, Central bank, Debt-to-GDP ratio, Hamas, Policy, FERC, Acquisition, Federal, Capital gain, Natural Resources, FINRA, Infection, MAM, European, FTP, Security (finance)

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share.

Key Points: 
  • Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share.
  • 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.
  • The Fund principally invests in a global portfolio of infrastructure stocks in a range of currencies and senior secured loans.

First Trust Advisors L.P. Announces Distributions for FT Energy Income Partners Enhanced Income ETF

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четверг, мая 9, 2024
Asset Management, Professional Services, Finance, MLP, Prospectus, ETF, Federal Reserve, Investment, RIC, Reputational damage, Federal Deposit Insurance Corporation, Risk, Uncertainty, NAV, Federal, Regulation, Transport, FTP, AIB (NI), FTA, Exercise, Internal Revenue Code, Tax, Public utility, Income tax, Land degradation, Terrorism, Face, Failure, ERISA, Infection, Judgement, Hamas, FINRA, Index, COVID-19

An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.

Key Points: 
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • A fund normally distributes income it earns, so a fund may be required to reduce its distributions if it has insufficient income.
  • Energy infrastructure companies may be directly affected by energy commodity prices, especially those companies which own the underlying energy commodity.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

Tennis Grand Slam Champion Andre Agassi, and Top-Rated Pickleball Pros, Serve Up High Competition at Life Time PENN 1 in New York City

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среда, мая 8, 2024
Donnay, MLP, Pennsylvania Station, Lifetime, LTH, PENN 1, Ivivva athletica, Madison Square Garden, Athlete, PPA, Growth, Nightclub

NEW YORK, May 8, 2024 /PRNewswire/ -- In a thrilling display of athleticism and camaraderie, tennis legend Andre Agassi, and top-rated pickleball pros Ben Johns, Collin Johns, Tyson McGuffin, and Anna Bright, joined Life Time Founder, Chairman and CEO Bahram Akradi at Life Time PENN 1 for an unforgettable pickleball showdown on Saturday, May 4 as the world's fastest growing sport continues to explode. More than 300 guests had the opportunity to watch – with some even playing – with the pros.

Key Points: 
  • This goes down as one of the most exciting days for Life Time in New York City since our Life Time Sky opening in 2016.
  • "This easily goes down as one of the most exciting days for Life Time in New York City since our Life Time Sky opening in 2016," said Bahram Akradi, Life Time Founder, Chairman and CEO.
  • The community, the strategy, and the sheer joy of pickleball are irresistible and that's why this has truly become a sport for everyone."
  • Life Time PENN 1, which opened on April 15 between Madison Square Garden and Penn Station, has fast-become New York City's go-to destination for pickleball.

First Trust Energy Infrastructure Fund Issues Notice Regarding May 2024 Distribution

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пятница, мая 3, 2024
Professional Services, Finance, MLP, Federal Reserve, Investment, Risk, Uncertainty, Federal, FTP, Notice, AIB (NI), FTA, Internal Revenue Code, COVID-19, Net asset value, Terrorism, Fund, ERISA, Infection, Judgement, Hamas, EIP, FINRA, Calendar, Life insurance

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.

Key Points: 
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • 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.
  • 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, utilities, and other energy infrastructure securities.

AMZA Modifies Estimate of Deferred Tax Liability

Retrieved on: 
вторник, апреля 30, 2024
Professional Services, Finance, Sale, MLP, Prospectus, Adviser, ETF, Investment, Risk, Russian National Wealth Fund, NAV, Partnership, Classification, Terrorism, Fund, FINRA, Life insurance

The Fund’s estimates regarding its deferred tax liability are made in good faith; however, the daily estimate of the Fund’s deferred tax liability used to calculate the Fund’s NAV could vary significantly from the Fund’s actual tax liability.

Key Points: 
  • The Fund’s estimates regarding its deferred tax liability are made in good faith; however, the daily estimate of the Fund’s deferred tax liability used to calculate the Fund’s NAV could vary significantly from the Fund’s actual tax liability.
  • The Fund’s accrued deferred tax liability, if any, is reflected each day in the Fund’s net asset value per share.
  • The deferred income tax expense/(benefit) represents an estimate of the Fund’s potential tax expense/(benefit) if it were to recognize the unrealized gains/ (losses) in the portfolio.
  • Therefore, any estimate of deferred income tax expense/(benefit) cannot be reliably predicted from year to year.

First Trust Energy Income and Growth Fund Declares its Final Common Share Distribution Rate of $0.30 Per Share

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среда, апреля 24, 2024
Other Professional Services, Asset Management, Professional Services, Finance, MLP, 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 rate in the amount of $0.30 per share, which as previously announced on April 19, 2024, will be 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 rate in the amount of $0.30 per share, which as previously announced on April 19, 2024, will be payable on May 2, 2024, to shareholders of record as of April 29, 2024.
  • 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 Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Energy Infrastructure Fund Declares its Final Common Share Distribution Rate of $0.15 Per Share

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среда, апреля 24, 2024
Banking, Professional Services, Finance, 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 rate in the amount of $0.15 per share, which as previously announced on April 19, 2024, will be 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 rate in the amount of $0.15 per share, which as previously announced on April 19, 2024, will be payable on May 2, 2024, to shareholders of record as of April 29, 2024.
  • The annual distribution rate is independent of the Fund's performance during any particular period.
  • 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.

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

Retrieved on: 
пятница, апреля 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.