FTA

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

Retrieved on: 
Monday, January 22, 2024

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 February 15, 2024, to shareholders of record as of February 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 February 15, 2024, to shareholders of record as of February 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 security, or shares of a fund in general may fall in value.

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

Retrieved on: 
Monday, January 22, 2024

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.

Key Points: 
  • 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.
  • A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • However, unlike mutual funds, shares may only be redeemed directly from the Fund by authorized participants, in very large creation/redemption units.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for February

Retrieved on: 
Monday, January 22, 2024

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 February 15, 2024, to shareholders of record as of February 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 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 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.

First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions of $0.0375 Per Share for February, March and April

Retrieved on: 
Monday, January 22, 2024

The Fund is a non-diversified, closed-end management investment company that seeks a high level of total return with an emphasis on current distributions paid to common shareholders.

Key Points: 
  • The Fund is a non-diversified, closed-end management investment company that seeks a high level of total return with an emphasis on current distributions paid to common shareholders.
  • To generate additional income, the Fund currently expects to write (or sell) covered call options on up to 35% of its managed assets.
  • 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.

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

Retrieved on: 
Monday, January 22, 2024

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 February 15, 2024, to shareholders of record as of February 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 February 15, 2024, to shareholders of record as of February 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 MLP and Energy Income Fund Declares Monthly Common Share Distributions of $0.05 Per Share for February, March and April

Retrieved on: 
Monday, January 22, 2024

Under normal market conditions, the Fund invests at least 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utilities companies.

Key Points: 
  • Under normal market conditions, the Fund invests at least 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utilities companies.
  • To generate additional income, the Fund expects to write (or sell) covered call options on up to 35% of its managed assets.
  • 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.

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.13 Per Share for February

Retrieved on: 
Monday, January 22, 2024

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 February 26, 2024, to shareholders of record as of February 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 February 26, 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.
  • 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.

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

Retrieved on: 
Monday, January 22, 2024

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 February 15, 2024, to shareholders of record as of February 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 February 15, 2024, to shareholders of record as of February 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.

Electric Mid- and Large (9-14m) Bus Market worth 171,000 units by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 26, 2024

Fuel cell electric mid- & large buses are gaining traction as an eco-friendly alternative in public transportation.

Key Points: 
  • Fuel cell electric mid- & large buses are gaining traction as an eco-friendly alternative in public transportation.
  • They offer a 300-500 km range and have shorter refueling time than diesel or electric mid- & large buses.
  • It is the 3rd largest electric mid- & large bus market, running behind Asia Pacific and Europe.
  • More than 50% of the electric mid- & large bus in North America are City/Transit buses, followed by School buses.

Electric Mid- and Large (9-14m) Bus Market worth 171,000 units by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 26, 2024

Fuel cell electric mid- & large buses are gaining traction as an eco-friendly alternative in public transportation.

Key Points: 
  • Fuel cell electric mid- & large buses are gaining traction as an eco-friendly alternative in public transportation.
  • They offer a 300-500 km range and have shorter refueling time than diesel or electric mid- & large buses.
  • It is the 3rd largest electric mid- & large bus market, running behind Asia Pacific and Europe.
  • More than 50% of the electric mid- & large bus in North America are City/Transit buses, followed by School buses.