MLP

First Trust Energy Infrastructure Fund Issues Notice Regarding May 2024 Distribution

Retrieved on: 
Friday, May 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: 
Tuesday, April 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

Retrieved on: 
Wednesday, April 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

Retrieved on: 
Wednesday, April 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: 
Friday, April 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.

First Trust Energy Infrastructure Fund Declares its Final Common Share Distribution Dates

Retrieved on: 
Friday, April 19, 2024
Finance, Banking, Energy, Professional Services, Other Energy, 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, 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, payable on May 2, 2024, to shareholders of record as of April 29, 2024.
  • 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.
  • 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, utility and other energy infrastructure securities.

First Trust Energy Infrastructure Fund Issues Notice Regarding April 2024 Distribution

Retrieved on: 
Monday, April 15, 2024
Asset Management, 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

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.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Energy Income and Growth Fund Increases its Quarterly Distribution to $0.40 Per Share

Retrieved on: 
Wednesday, April 10, 2024
Banking, 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, Life insurance

First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has increased its regularly scheduled quarterly distribution to $0.40 per share from $0.30 per share The distribution will be payable on April 30, 2024, to shareholders of record as of April 23, 2024.

Key Points: 
  • First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has increased its regularly scheduled quarterly distribution to $0.40 per share from $0.30 per share The distribution will be payable on April 30, 2024, to shareholders of record as of April 23, 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.

THE PERFECT MATCH: COSMIC CRISP® APPLES AND PICKLEBALL PRO TYSON MCGUFFIN UNITE

Retrieved on: 
Tuesday, April 23, 2024
MLP, Pickleball, Social media, Partnership, MacGuffin, PVM, Family, Diet, Multimedia, McGuffin, PPA, Cosmic, Fruit, Music

YAKIMA, Wash., April 23, 2024 /PRNewswire/ -- In the very state where the sport of pickleball was started, comes a star-studded partnership between the Cosmic Crisp® brand apple and top ranked professional pickleball player Tyson McGuffin.

Key Points: 
  • YAKIMA, Wash., April 23, 2024 /PRNewswire/ -- In the very state where the sport of pickleball was started, comes a star-studded partnership between the Cosmic Crisp® brand apple and top ranked professional pickleball player Tyson McGuffin.
  • The teaming of these powerhouse brands will also include social media content, event appearances and sampling of Cosmic Crisp® apples at Tyson's successful pickleball camps.
  • A social media campaign and giveaway pairing Cosmic Crisp® and pickleball will also commence in the month of June.
  • Tyson McGuffin's Washington roots and his focus on healthy eating make him an ideal ambassador for Cosmic Crisp®.

Westwood Launches First Exchange-Traded Fund: Westwood Salient Enhanced Midstream Income ETF (MDST)

Retrieved on: 
Tuesday, April 9, 2024
WHG, MDST, Midstream, Energy, Natural gas, MLP, ETF, Security (finance)

DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Westwood Holdings Group (WHG), a publicly-traded investment management boutique and wealth management firm, today launched the Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST).

Key Points: 
  • DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Westwood Holdings Group (WHG), a publicly-traded investment management boutique and wealth management firm, today launched the Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST).
  • The fund is the first Westwood Exchange-Traded Fund (ETF) .
  • The ETF combines a high conviction, actively managed, energy-focused equity portfolio with an options overlay designed to produce enhanced income distributions for investors.
  • Westwood is not aware of comparable ETFs in the Midstream sector.