Uncertainty

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

Retrieved on: 
Wednesday, March 20, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Uncertainty, Hamas, New York Stock Exchange, FTP, Taft–Hartley Act, Infection, ERISA, Risk, FTA, COVID-19, Federal, AIB (NI), Terrorism, Research, Movement, Judgement, Loss, Investment, Fraud, FSD, Internal Revenue Code, Federal Reserve, Fund, FINRA, 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 April 15, 2024, to shareholders of record as of April 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 April 15, 2024, to shareholders of record as of April 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.

KBRA Assigns Ratings to AG Twin Brook Capital Income Fund's $240 Million Senior Unsecured Notes Due 2027 and 2029

Retrieved on: 
Wednesday, March 20, 2024
Banking, Professional Services, Finance, Uncertainty, Pressure, Risk management, BBB, Risk, KBRA, BDC, Investment, AUM, Outlook, Health care, TCAP, RIC

KBRA assigns a BBB rating to AG Twin Brook Capital Income Fund's ("TCAP" or "the company") $90 million, 7.69% senior unsecured notes due March 19, 2027, and its $150 million, 7.78% senior unsecured notes due March 19, 2029.

Key Points: 
  • KBRA assigns a BBB rating to AG Twin Brook Capital Income Fund's ("TCAP" or "the company") $90 million, 7.69% senior unsecured notes due March 19, 2027, and its $150 million, 7.78% senior unsecured notes due March 19, 2029.
  • The proceeds will be used for general corporate purposes and to pay down secured credit facilities.
  • TPG Angelo Gordon provides the company with robust deal sourcing, a strong sponsor network, and extensive banking relationships.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

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

Retrieved on: 
Wednesday, March 20, 2024
Asset Management, Professional Services, Finance, Uncertainty, Hamas, New York Stock Exchange, FTP, Infection, Central bank, ERISA, Risk, FTA, COVID-19, Federal, AIB (NI), Terrorism, FAM, Movement, Judgement, Abrdn, Loss, Organic, Investment, European, Fraud, Internal Revenue Code, Federal Reserve, Fund, FINRA, Government, European 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 April 15, 2024, to shareholders of record as of April 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 April 15, 2024, to shareholders of record as of April 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 Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for April

Retrieved on: 
Wednesday, March 20, 2024
Professional Services, Finance, Uncertainty, Hamas, New York Stock Exchange, Bankruptcy, FTP, Infection, ERISA, Risk, Trust, FTA, Federal, AIB (NI), COVID-19, Terrorism, NAV, Judgement, Investment, Fraud, Interest, Internal Revenue Code, Federal Reserve, Fund, FINRA, 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 April 15, 2024, to shareholders of record as of April 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 April 15, 2024, to shareholders of record as of April 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 Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for April

Retrieved on: 
Wednesday, March 20, 2024
Banking, Professional Services, Finance, Uncertainty, Hamas, New York Stock Exchange, Natural gas, FTP, Plan, Infection, EIP, ERISA, Risk, FTA, Trustee, Federal, AIB (NI), COVID-19, Terrorism, Policy, Security (finance), Judgement, Investment, Internal Revenue Code, Federal Reserve, MLP, Petroleum, FINRA, Life insurance

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 April 15, 2024, to shareholders of record as of April 2, 2024.

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 April 15, 2024, to shareholders of record as of April 2, 2024.
  • Under the Plan, the Fund intends to continue to pay a recurring monthly distribution that reflects the distributable cash flow of the Fund.
  • 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 High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.13 Per Share for April

Retrieved on: 
Wednesday, March 20, 2024
Professional Services, Finance, Uncertainty, Hamas, New York Stock Exchange, FTP, Infection, ERISA, Environment, Risk, FTA, COVID-19, Federal, AIB (NI), Terrorism, NAV, Judgement, Debt-to-GDP ratio, Investment, Internal Revenue Code, Federal Reserve, Nationalization, Fund, FINRA, 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 April 25, 2024, to shareholders of record as of April 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 April 25, 2024, to shareholders of record as of April 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.

Kaplan Launches Buyer Agency Professional Designation to Help Real Estate Agents Navigate Looming Major Changes to the Industry’s Business Model

Retrieved on: 
Thursday, March 21, 2024
Other Education, Residential Building & Real Estate, Construction & Property, Training, Education, National Association, Uncertainty, Record, Friction, Marketing, BAP, Sale, Real estate

Kaplan has launched a Buyer Agency Professional (BAP) designation to help buyer agents succeed as they face a drastically different real estate business model on the horizon.

Key Points: 
  • Kaplan has launched a Buyer Agency Professional (BAP) designation to help buyer agents succeed as they face a drastically different real estate business model on the horizon.
  • Now they’ll have to negotiate their commission with their clients, who will have to pay them directly, potentially causing significant early friction.
  • Among the skills that real estate professionals will learn in the eight-hour, live online course:
    Buyer Agency and Responsibilities: Learn the responsibilities of a buyer agent.
  • Professional Fees: Find out the steps to secure your professional fees, including who can and can’t pay you.

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

Retrieved on: 
Wednesday, March 20, 2024
Consulting, Professional Services, Finance, Failure, Uncertainty, Hamas, New York Stock Exchange, FTP, Infection, ERISA, Risk, FTA, COVID-19, Federal, AIB (NI), Terrorism, Sale, Judgement, Investment, Internal Revenue Code, Federal Reserve, Fund, FINRA, FMY

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 April 15, 2024, to shareholders of record as of April 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 April 15, 2024, to shareholders of record as of April 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 Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for April

Retrieved on: 
Wednesday, March 20, 2024
Professional Services, Finance, Uncertainty, Hamas, New York Stock Exchange, FTP, Infection, ERISA, Debtor, Risk, FTA, COVID-19, Federal, AIB (NI), Terrorism, NAV, Judgement, Investment, Internal Revenue Code, Federal Reserve, Fund, FINRA, 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 April 15, 2024, to shareholders of record as of April 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 April 15, 2024, to shareholders of record as of April 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.

NetApp Empowers Customers to Securely “Talk to Their Data” in Collaboration with NVIDIA

Retrieved on: 
Monday, March 18, 2024
Data Management, Security, Technology, Other Technology, Software, Artificial Intelligence, Uncertainty, Certification, CRM, Friction, NTAP, RAG, ERP, AI, DGX, Privacy, Data management, NVIDIA, NetApp, Cryptocurrency

NetApp® (NASDAQ: NTAP) today announced it is collaborating with NVIDIA to advance retrieval-augmented generation (RAG) for generative AI applications.

Key Points: 
  • NetApp® (NASDAQ: NTAP) today announced it is collaborating with NVIDIA to advance retrieval-augmented generation (RAG) for generative AI applications.
  • NetApp and NVIDIA have developed a simple solution with NVIDIA NeMo Retriever microservices technology for RAG that can leverage any data stored on NetApp ONTAP—on-premises and in the leading public clouds.
  • “As the leader in unstructured data management, NetApp makes data infrastructure intelligent to securely turbocharge AI innovation.
  • Together with NVIDIA, we have helped accelerate over 500 data-driven businesses to become AI-ready,” said George Kurian, CEO at NetApp.