FTA

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
Monday, February 12, 2024
Banking, Professional Services, Finance, Hamas, Investment, Internal Revenue Service, Federal, MLP, FINRA, Tax, Internal Revenue Code, FTP, Rule, ERISA, Bankruptcy, Judgement, Fund, Average revenue per user, Uncertainty, Security (finance), FTA, Environment, Inventory, ETF, Index, Loss, Risk, Indian Sugar Mills Association, Recession, Face, Prospectus, AIB (NI), NAV, Terrorism, Government, Federal Reserve, COVID-19, Reputational damage, Failure, Federal Deposit Insurance Corporation, Infection

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.

Key Points: 
  • 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.
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.
  • However, unlike mutual funds, shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units.

First Trust Specialty Finance and Financial Opportunities Fund Declares its Quarterly Distribution of $0.0825 Per Share

Retrieved on: 
Monday, February 12, 2024
Professional Services, Finance, BDC, Internal Revenue Code, Hamas, New York Stock Exchange, Investment, AIB (NI), FGB, Terrorism, FTP, Federal Reserve, Confluence, ERISA, Risk, Federal, COVID-19, Judgement, Fund, FINRA, Uncertainty, Capital gain, FTA, Infection

First Trust Specialty Finance and Financial Opportunities Fund (the "Fund") (NYSE: FGB) has declared the Fund's regularly scheduled quarterly distribution of $0.0825 per share.

Key Points: 
  • First Trust Specialty Finance and Financial Opportunities Fund (the "Fund") (NYSE: FGB) has declared the Fund's regularly scheduled quarterly distribution of $0.0825 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.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

Retrieved on: 
Monday, February 12, 2024
Professional Services, Finance, Acquisition, Natural Resources, MAM, Internal Revenue Code, Hamas, New York Stock Exchange, Investment, AIB (NI), Macquarie Group, NAV, Terrorism, FTP, Federal Reserve, Federal Energy Regulatory Commission, MFD, ERISA, Risk, European, Federal, Central bank, COVID-19, Judgement, European Central Bank, Fund, MLP, FINRA, Weather, Policy, Uncertainty, Capital gain, FTA, Adviser, Debt-to-GDP ratio, FERC, Infection, Security (finance)

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share.

Key Points: 
  • Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share.
  • 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.
  • The Fund principally invests in a global portfolio of infrastructure stocks in a range of currencies and senior secured loans.

US ‘pause’ on future liquefied gas exports throws doubt on fossil fuel’s place in energy transition

Retrieved on: 
Friday, February 9, 2024
Ministry of Energy, Burns, Electricity, Pressure, Natural gas, Republican, Methane, Climate change, Climate, Coal, Environment, FTA, Logic, Trump

In 2023 the US was both the world’s largest producer of natural gas and its largest exporter of LNG, with exports that year totalling 86 million tons.

Key Points: 
  • In 2023 the US was both the world’s largest producer of natural gas and its largest exporter of LNG, with exports that year totalling 86 million tons.
  • On January 26, Biden announced a temporary pause on approvals of pending LNG projects until a review could be completed.
  • Biden has not stopped exports from existing projects or construction work on future ones, whether or not they have the necessary approvals.
  • The spotlight on US LNG exports is at least a chance to question whether gas should have a place in the energy transition.

Freedom LNG

  • The Trump administration described US LNG exports as “molecules of freedom” in 2019 that could reduce Europe’s reliance on Russian gas.
  • The traditional LNG model tied producers and consumers into long-term contracts with destination clauses that constrained where LNG could be sold.
  • Instead, US LNG is sold free on board, meaning buyers (other oil and gas companies, utility companies and traders) take ownership at the export terminal, arrange shipping and sell the LNG wherever they wish.
  • Industry and energy thinktank analysis suggests that the liquidity of the global LNG market will be untouched by the pause.


US LNG exports to Europe are secure for now, but Europe has pledged to significantly reduce how much gas it burns. And so, there is a lot of uncertainty around gas demand in the 2030s and beyond.

Time to take our foot off the gas?

  • If countries meet future energy demand with gas instead of coal, emissions will fall.
  • However, other analyses highlight the methane that leaks from pipelines and suggest that gas may actually be worse for the climate than coal.
  • If this happens, the LNG industry could be building production capacity for which there is no market.


Michael Bradshaw receives funding from the UK Energy System Research Programme and EPSRC in relation to his role as Co-Director for the UK Energy Research Centre (UKERC). He also advises the government, thinktanks and companies on energy matters.

NFI presents at White House Roundtable focused on strengthening U.S. bus manufacturing and clean transit deployment

Retrieved on: 
Friday, February 9, 2024
White, MCI, VIC, Federal Transit Administration, Marketing, NFI, Bus, TSX, EV, OTC, Task force, City, Environment, FTA, APTA, American Public Transportation Association, Round Table, Renewable energy

The White House in coordination with the Federal Transit Administration (“FTA”) and the American Public Transportation Association (“APTA”), convened the Roundtable focused on ensuring U.S. domestic manufacturing capacity to deliver clean transit buses is at the scale and pace needed to meet market demand and achieve national climate and equity goals.

Key Points: 
  • The White House in coordination with the Federal Transit Administration (“FTA”) and the American Public Transportation Association (“APTA”), convened the Roundtable focused on ensuring U.S. domestic manufacturing capacity to deliver clean transit buses is at the scale and pace needed to meet market demand and achieve national climate and equity goals.
  • The Task Force recommended, amongst other things, three immediate changes in bus contracts: price adjustments, progress payments, and the use of price indices.
  • “NFI was honored to participate in the White House Roundtable,” said Mr. Soubry.
  • Since opening in late 2017, the VIC has hosted over 350 interactive events, welcoming 7,000 industry professionals for EV and infrastructure training.

NOW IS THE TIME TO 'SEAS' THE SUMMER

Retrieved on: 
Monday, February 5, 2024
Parent, Family, Travel, Disney Fantasy, Grandparent, FTA, BIG, FAMILY, Tourism

CELEBRATION, Fla., Feb. 5, 2024 /PRNewswire/ -- Why wait to plan that big summer vacation? As the years go by, 'together time' becomes more limited as schedules become more complicated and kids age – so take that vacation now! According to the Family Travel Association's (FTA) 2023 U.S. Family Travel Survey, 81% of parents said they are likely to travel with their children in the next year. Being able to spend time together during a unique vacation experience, like a cruise, is not only a great way to create a family bond, but it also provides exposure to new cultures, especially for children.

Key Points: 
  • CELEBRATION, Fla., Feb. 5, 2024 /PRNewswire/ -- Why wait to plan that big summer vacation?
  • As the years go by, 'together time' becomes more limited as schedules become more complicated and kids age – so take that vacation now!
  • According to the Family Travel Association's (FTA) 2023 U.S. Family Travel Survey, 81% of parents said they are likely to travel with their children in the next year.
  • Summer remains the most popular travel season, followed by spring break: Now is a great time to plan your summer vacation.

First Trust Advisors L.P. Announces Distribution for Exchange-Traded Funds

Retrieved on: 
Wednesday, January 31, 2024
Banking, Professional Services, Finance, Corporation, Exercise, Prospectus, RIC, FTA, Federal, WGTS, Fund, Failure, Hamas, Internal Revenue Code, Trust, S&P, ETF, Investment, Index, Treasury, Gold, Infection, ERISA, PDR, National Futures Association, Reputational damage, Government, Marketing, Terrorism, NAV, Risk, Information technology, FTP, Standard, AIB (NI), COVID-19, FINRA, Uncertainty, FLEX, Federal Reserve, Sale, Judgement, Security (finance)

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA has collective assets under management or supervision of approximately $210 billion as of December 31, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Please refer to each fund's prospectus and Statement of Additional Information for additional details on a fund's risks.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.

First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF

Retrieved on: 
Tuesday, January 30, 2024
Banking, Professional Services, Finance, COVID-19, FINRA, Hamas, Federal Deposit Insurance Corporation, Internal Revenue Code, Uncertainty, Prospectus, Investment, Terrorism, Loss, Federal Reserve, FTA, ETF, Credit, Index, Federal, Volatility, Risk, FTP, Adviser, Face, Infection, Judgement, ERISA, AIB (NI), Bank

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • 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.
  • Volatility is the characteristic of a security, an index or a market to fluctuate significantly in price within a short time period.
  • Such exposures could cause the Fund's net asset value to experience significant increases or declines in value over short periods of time.

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

Retrieved on: 
Monday, January 22, 2024
Banking, Professional Services, Finance, ERISA, Risk, Uncertainty, Investment, Judgement, Federal, Terrorism, Federal Reserve, Government, Fund, Fraud, FINRA, FSD, Infection, Hamas, COVID-19, Loss, FTA, Internal Revenue Code, FTP, AIB (NI), Movement, New York Stock Exchange, 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 February 15, 2024, to shareholders of record as of February 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 February 15, 2024, to shareholders of record as of February 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.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for February

Retrieved on: 
Monday, January 22, 2024
Asset Management, Professional Services, Finance, ERISA, Risk, Uncertainty, Trust, Investment, Judgement, NAV, Federal, Interest, Terrorism, Federal Reserve, Fund, Fraud, FINRA, Infection, Hamas, COVID-19, Bankruptcy, FTA, Internal Revenue Code, FTP, AIB (NI), New York Stock Exchange, 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 February 15, 2024, to shareholders of record as of February 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 February 15, 2024, to shareholders of record as of February 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.