Hedge fund

Alternative IQ Announces Winners of the 2023 Canadian Hedge Fund Awards

Retrieved on: 
Wednesday, October 18, 2023

Toronto, Ontario--(Newsfile Corp. - October 18, 2023) - The 2023 Canadian Hedge Fund Awards, the highest honour in Canada's hedge fund industry, were presented yesterday evening at the Gala Awards Dinner at One King West Hotel in Toronto.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - October 18, 2023) - The 2023 Canadian Hedge Fund Awards, the highest honour in Canada's hedge fund industry, were presented yesterday evening at the Gala Awards Dinner at One King West Hotel in Toronto.
  • The Canadian Hedge Fund Awards help investors identify the most exceptional hedge funds, recognizing winners in 6 categories as well as the Overall Best 2023 Canadian Hedge Fund.
  • A total of 264 Canadian Hedge Funds were included in the 2023 CHFA program.
  • Average Canadian Hedge Fund Performance as at June 30, 2023

First Trust MLP and Energy Income Fund Declares Monthly Common Share Distributions of $0.05 Per Share for November, December and January

Retrieved on: 
Monday, October 23, 2023

Under normal market conditions, the Fund invests at least 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utilities companies.

Key Points: 
  • Under normal market conditions, the Fund invests at least 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utilities companies.
  • To generate additional income, the Fund expects to write (or sell) covered call options on up to 35% of its managed assets.
  • 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.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for November

Retrieved on: 
Monday, October 23, 2023

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 $0.1075 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.

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 $0.1075 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.
  • 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 Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

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

Retrieved on: 
Monday, October 23, 2023

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 November 15, 2023, to shareholders of record as of November 2, 2023.

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 November 15, 2023, to shareholders of record as of November 2, 2023.
  • 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 security, or shares of a fund in general may fall in value.

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

Retrieved on: 
Monday, October 23, 2023

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 November 15, 2023, to shareholders of record as of November 2, 2023.

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 November 15, 2023, to shareholders of record as of November 2, 2023.
  • 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 Mortgage Income Fund Increases its Monthly Common Share Distribution to $0.07 Per Share for November

Retrieved on: 
Monday, October 23, 2023

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has increased its regularly scheduled monthly common share distribution to $0.07 per share from $0.0675 per share.

Key Points: 
  • First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has increased its regularly scheduled monthly common share distribution to $0.07 per share from $0.0675 per share.
  • 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.
  • 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.

First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions of $0.0375 Per Share for November, December and January

Retrieved on: 
Monday, October 23, 2023

The Fund is a non-diversified, closed-end management investment company that seeks a high level of total return with an emphasis on current distributions paid to common shareholders.

Key Points: 
  • The Fund is a non-diversified, closed-end management investment company that seeks a high level of total return with an emphasis on current distributions paid to common shareholders.
  • To generate additional income, the Fund currently expects to write (or sell) covered call options on up to 35% of its managed assets.
  • 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.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for November

Retrieved on: 
Monday, October 23, 2023

First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.

Key Points: 
  • First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.
  • Under the Plan, the Fund intends to continue to pay a recurring monthly distribution that reflects the distributable cash flow of the Fund.
  • The distribution may consist of net investment income earned by the Fund, net short-term and long-term capital gains and/or tax-deferred return of capital.
  • The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector.

First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Mortgage Income Fund

Retrieved on: 
Wednesday, October 18, 2023

First Trust Advisors L.P. ("FTA") announced today that the Securitized Products Group of FTA, portfolio manager of First Trust Mortgage Income Fund (NYSE: FMY) (the “Fund”), will release an update on the market and the Fund for financial professionals and investors.

Key Points: 
  • First Trust Advisors L.P. ("FTA") announced today that the Securitized Products Group of FTA, portfolio manager of First Trust Mortgage Income Fund (NYSE: FMY) (the “Fund”), will release an update on the market and the Fund for financial professionals and investors.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
  • Certain risks applicable to the Fund are identified below, which includes the risk that you could lose some or all of your investment in the Fund.
  • The principal risks of investing in the Fund are spelled out in the Fund's annual shareholder reports.

The Methodic CoinDesk ETH Staking Fund Launches, Delivering an Ethereum Total Return Solution to Institutional Investors

Retrieved on: 
Wednesday, October 18, 2023

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Methodic Capital Management, an industry innovator in bringing fiduciary responsibility and thoughtful execution to bridge blockchain with broader financial markets, and CoinDesk Indices (CDI), a subsidiary of CoinDesk and the leading provider of digital asset indices by AUM since 2014, today announced the launch of the Methodic CoinDesk ETH Staking Fund (The Fund).

Key Points: 
  • "We are excited to support the Methodic CoinDesk ETH Staking Fund with a total return ETH benchmark that institutional investors will find familiar from investment products in traditional asset classes," said Andy Baehr, CFA, Managing Director at CoinDesk Indices.
  • "With this launch, Methodic Capital will aim to help investors capture the complete investment case for Ethereum, including ETH's staking yield."
  • The Methodic CoinDesk ETH Staking Fund, as a regulated web3 offering, introduces a new spectrum of users into the BitGo ecosystem.
  • To learn more about the Methodic CoinDesk ETH Staking Fund and this groundbreaking collaboration, please visit www.methodiccapital.com .