Hedge fund

Blackstone Credit Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Monday, June 12, 2023
Hedge fund, Blackstone, Calendar, Blackstone Credit, AUM, Fund, Multimedia, Capital gain, Financial services, Security (finance), Online shopping

The Funds declare a set of monthly distributions each quarter in amounts closely tied to the respective Fund's recent average monthly net income.

Key Points: 
  • The Funds declare a set of monthly distributions each quarter in amounts closely tied to the respective Fund's recent average monthly net income.
  • As a result, the monthly distribution amounts for the Funds typically vary quarter-to-quarter, and shareholders of any Fund should not expect that Fund to continue to pay distributions in the same amounts shown above.
  • The dynamic distribution strategy provides Blackstone Credit with greater flexibility to maintain portfolio credit quality in varying market conditions.
  • The final determination of the source and tax characteristics of these distributions will depend upon each Fund's investment experience during its fiscal year and will be made after the Fund's year end.

ALERIAN MLP ETF TAX UPDATE

Retrieved on: 
Tuesday, May 30, 2023
Master limited partnership, Partnership, Hedge fund, Investment, MLP, Tax, NAV, Sale, Index, ALPS, Prospectus, ETF, Adviser, Natural gas, Weather, Fund, Life insurance, Financial adviser

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.
  • ALPS Portfolio Solutions Distributor, Inc. is also the distributor for the Alerian Energy Infrastructure ETF and the ALPS | Alerian Energy Infrastructure Portfolio.
  • All K-1s are received and processed by the Alerian MLP ETF.
  • The Alerian MLP ETF distributes a single Form 1099 to its shareholders.

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

Retrieved on: 
Monday, May 22, 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 June 15, 2023, to shareholders of record as of June 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 June 15, 2023, to shareholders of record as of June 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 Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for June

Retrieved on: 
Monday, May 22, 2023
Banking, Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Risk, Loss, ERISA, Interest, Investment, Financial Conduct Authority, LIBOR, COVID-19, Stonebridge, Infection, Terrorism, Judgement, Internal Revenue Code, FTP, Asset-backed security, Hedge fund, Trust, London Interbank Bid Rate, Internal Revenue Code section 409A, FINRA, United Kingdom, Fraud, Fund, NYSE, FTA, Bankruptcy, Disease, Life insurance, Security (finance), Financial adviser, Bank

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 June 15, 2023, to shareholders of record as of June 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 June 15, 2023, to shareholders of record as of June 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 Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.055 Per Share for June

Retrieved on: 
Monday, May 22, 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, 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 June 15, 2023, to shareholders of record as of June 2, 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 June 15, 2023, to shareholders of record as of June 2, 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 Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for June

Retrieved on: 
Monday, May 22, 2023
Banking, Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Plan, Risk, Loss, Petroleum, ERISA, EIP, Investment, MLP, Financial Conduct Authority, LIBOR, Hedge fund, Policy, COVID-19, Infection, Terrorism, Judgement, Cyprus Securities and Exchange Commission, Internal Revenue Code, FTP, Security (finance), London Interbank Bid Rate, Trustee, Internal Revenue Code section 409A, Natural gas, FINRA, United Kingdom, NYSE, FTA, Disease, Life insurance, Financial adviser, Bank, Fund

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 June 15, 2023, to shareholders of record as of June 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 June 15, 2023, to shareholders of record as of June 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 Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for June

Retrieved on: 
Monday, May 22, 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 June 15, 2023, to shareholders of record as of June 2, 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 June 15, 2023, to shareholders of record as of June 2, 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/abrdn Global Opportunity Income Fund Increases its Monthly Common Share Distribution to $0.06 Per Share for June

Retrieved on: 
Monday, May 22, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Organic, European Central Bank, Risk, Loss, ERISA, Investment, Financial Conduct Authority, LIBOR, COVID-19, FAM, Abrdn, Central bank, Infection, Terrorism, Movement, Judgement, Government, Internal Revenue Code, FTP, Security (finance), Hedge fund, London Interbank Bid Rate, Internal Revenue Code section 409A, European, FINRA, United Kingdom, Fraud, Fund, NYSE, FTA, Disease, Life insurance, Financial adviser, Bank

First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has increased its regularly scheduled monthly common share distribution to $0.06 per share from $0.0525 per share.

Key Points: 
  • First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has increased its regularly scheduled monthly common share distribution to $0.06 per share from $0.0525 per share.
  • The distribution will be payable on June 15, 2023, to shareholders of record as of June 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.

Salem Media to Present at the Singular Research Spring Select Webinar

Retrieved on: 
Thursday, May 18, 2023
Religion, Publishing, TV and Radio, Media, Communications, Consumer, Books, Entertainment, Singular, Radio, Media Group, Research, Hedge fund, Salem Media Group, Cryptocurrency, Sales

Salem Media Group , Inc. (NASDAQ: SALM), announced today that it will present virtually at the Singular Research Spring Select Webinar on Wednesday, May 24th at 3:45 PM Central Time.

Key Points: 
  • Salem Media Group , Inc. (NASDAQ: SALM), announced today that it will present virtually at the Singular Research Spring Select Webinar on Wednesday, May 24th at 3:45 PM Central Time.
  • Singular Research aims to be the most trusted supplier of independent, trusted, single-sources research on small-to-micro cap companies to the small-to-medium sized Hedge Fund manager.
  • Singular Research provides quarterly updates for 40 to 70 companies and makes recommendations.
  • Salem Media Group is America’s leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing.

First Trust Energy Infrastructure Fund Issues Notice Regarding May 2023 Distribution

Retrieved on: 
Monday, May 15, 2023
Professional Services, Finance, Master limited partnership, Vaccine, AIB (NI), Uncertainty, Risk, Loss, Total return swap, ERISA, EIP, Investment, MLP, Net asset value, Financial Conduct Authority, LIBOR, COVID-19, Calendar, Infection, Terrorism, Judgement, Internal Revenue Code, FTP, Security (finance), Hedge fund, London Interbank Bid Rate, Notice, Internal Revenue Code section 1031, FINRA, United Kingdom, Fund, FTA, Disease, Clothing, Life insurance, Financial adviser, Bank

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.