Hedge fund

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

Retrieved on: 
Tuesday, June 20, 2023
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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 July 17, 2023, to shareholders of record as of July 5, 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 July 17, 2023, to shareholders of record as of July 5, 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 High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for July

Retrieved on: 
Tuesday, June 20, 2023
Banking, Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Risk, Loss, Mackay, ERISA, FSD, Investment, Financial Conduct Authority, LIBOR, COVID-19, Infection, Terrorism, Movement, Judgement, Government, Internal Revenue Code, FTP, NYSE, Security (finance), Hedge fund, London Interbank Bid Rate, Internal Revenue Code section 409A, FINRA, United Kingdom, Fraud, Fund, FTA, New York Life Insurance Company, Disease, Life insurance, Financial adviser, Financial services, Bank, Public utility

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 July 17, 2023, to shareholders of record as of July 5, 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 July 17, 2023, to shareholders of record as of July 5, 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 Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for July

Retrieved on: 
Tuesday, June 20, 2023
Banking, Professional Services, Finance, Janus, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Plan, European Central Bank, Loss, ERISA, Investment, REIT, Hedge fund, Policy, COVID-19, NAV, Central bank, Infection, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Real estate investment trust, US, Trustee, Internal Revenue Code section 409A, Social change, Indian stock exchange, European, FINRA, Economic development, City, Security (finance), Fraud, Janus Henderson, NYSE, FTA, Disease, Life insurance, Financial adviser, Bank, Financial services, EU, Euro, Fund

First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.

Key Points: 
  • First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.
  • Under the Plan, the Fund intends to continue to pay a monthly distribution in the amount of $0.07 per share.
  • This 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 is a diversified, closed-end management investment company that seeks to provide a high level of current income.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.055 Per Share for July

Retrieved on: 
Tuesday, June 20, 2023
Banking, Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Risk, Loss, Failure, ERISA, Investment, Financial Conduct Authority, LIBOR, COVID-19, FMY, Infection, Terrorism, Sale, Judgement, Hedge fund, Internal Revenue Code, FTP, Mortgage-backed security, London Interbank Bid Rate, Internal Revenue Code section 409A, FINRA, United Kingdom, Fund, NYSE, FTA, Disease, Real estate, Life insurance, Security (finance), Financial adviser, Bank, Credit

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.055 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.

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 $0.055 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.
  • 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 $0.1075 Per Share for July

Retrieved on: 
Tuesday, June 20, 2023
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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 July 17, 2023, to shareholders of record as of July 5, 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 July 17, 2023, to shareholders of record as of July 5, 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 July

Retrieved on: 
Tuesday, June 20, 2023
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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 July 17, 2023, to shareholders of record as of July 5, 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 July 17, 2023, to shareholders of record as of July 5, 2023.
  • 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.

Columbia Seligman Premium Technology Growth Fund, Inc. Holds 13th Annual Meeting of Stockholders

Retrieved on: 
Tuesday, June 20, 2023
Professional Services, Technology, Other Technology, Finance, Banking, Accounting, NCUA, LLP, FDIC, Meeting, PwC, Hedge fund, FINRA, Security (finance), Fund, NYSE, Holding company, Financial adviser, Shareholder

Columbia Seligman Premium Technology Growth Fund, Inc. (the “Fund”) (NYSE: STK) today held its 13th Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota.

Key Points: 
  • Columbia Seligman Premium Technology Growth Fund, Inc. (the “Fund”) (NYSE: STK) today held its 13th Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota.
  • Stockholders voted in favor of the recommendations of the Fund’s Board of Directors (the “Board”) on each of two proposals at the Meeting.
  • Specifically, Stockholders elected four Directors, Ms. Janet Langford Carrig, whose term will expire at the Fund’s 2025 Annual Meeting of Stockholders, and Mses.
  • Stockholders also ratified the Board’s selection of PricewaterhouseCoopers LLP as the Fund’s independent registered public accounting firm for the 2023 fiscal year.

Bell Partners Inc. Closes $1.3 Billion Value-Add Fund

Retrieved on: 
Tuesday, June 20, 2023
Bell, Hedge fund, EVP, The Company, Fund, Portfolio management, Financial services

GREENSBORO, N.C., June 20, 2023 /PRNewswire/ -- Bell Partners Inc. (the "Company" or "Bell"), one of the nation's leading multifamily investment and property management firms, today announced the final close of its Value-Add Fund VIII (the "Fund" or "Fund VIII") at a hard cap of $1.3 billion in equity commitments from a range of domestic and international investors, many of whom were existing partners in previous funds.

Key Points: 
  • Value-Add Fund VIII exceeds its target of $1.0 billion, reflecting solid demand for multifamily investment
    GREENSBORO, N.C., June 20, 2023 /PRNewswire/ -- Bell Partners Inc. (the "Company" or "Bell"), one of the nation's leading multifamily investment and property management firms, today announced the final close of its Value-Add Fund VIII (the "Fund" or "Fund VIII") at a hard cap of $1.3 billion in equity commitments from a range of domestic and international investors, many of whom were existing partners in previous funds.
  • With leverage, the Fund has investment capacity of approximately $3.2 billion.
  • Hodes Weill Securities, LLC acted as the exclusive global placement agent to Bell Partners.
  • The close of Fund VIII follows the close of Bell Partners' $930 million Bell Core Venture in 2022, which complements the Company's value-add investment strategy.

First Trust Energy Infrastructure Fund Issues Notice Regarding June 2023 Distribution

Retrieved on: 
Thursday, June 15, 2023
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A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • 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.
  • The hostilities and sanctions resulting from those hostilities could have a significant impact on certain fund investments as well as fund performance.

First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.315 Per Share

Retrieved on: 
Monday, June 12, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Plan, Loss, ERISA, Hedge fund, Policy, COVID-19, Infection, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Investment, FFA, Trustee, Internal Revenue Code section 409A, FINRA, Security (finance), Chartwell, NYSE, FTA, Disease, Life insurance, Financial adviser, Bank, Fund

First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.

Key Points: 
  • First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.
  • Under the Plan, the Fund intends to pay a quarterly distribution in the amount of $0.315 per share.
  • This distribution will consist of net investment income earned by the Fund and may also consist of return of capital and/or realized capital gains.
  • The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity securities.