AIB (NI)

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

Retrieved on: 
Monday, April 22, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Federal Reserve, Investment, New York Stock Exchange, Risk, Uncertainty, NAV, Federal, FTP, AIB (NI), FTA, Internal Revenue Code, Terrorism, Fund, ERISA, Infection, Judgement, Hamas, FINRA, Debtor, COVID-19, 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 May 15, 2024, to shareholders of record as of May 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 May 15, 2024, to shareholders of record as of May 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 Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Monday, April 22, 2024
Professional Services, Finance, MAKE, Investment, Risk, Terrorism, Face, Prospectus, Federal Reserve, Federal Deposit Insurance Corporation, Uncertainty, OTC, DJIA, Federal, AIB (NI), FTA, FLEX, ERISA, Financial services, Infection, Standard, Hamas, Adviser, Reputational damage, Dow Jones, S&P, Internal Revenue Code, S&P Global, Fund, Judgement, FINRA, Corporation, FTP, S&P Dow Jones Indices, Failure, ETF, COVID-19, Security (finance)

FTA has collective assets under management or supervision of approximately $226 billion as of March 28, 2024 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 $226 billion as of March 28, 2024 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.
  • In addition, a fund's investment performance and risks may be related to the investment performance and risks of the underlying funds.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

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

Retrieved on: 
Monday, April 22, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Debt-to-GDP ratio, Federal Reserve, Investment, New York Stock Exchange, Risk, Uncertainty, NAV, Federal, FTP, AIB (NI), FTA, Environment, Internal Revenue Code, Terrorism, Fund, ERISA, Infection, Nationalization, Judgement, Hamas, FINRA, COVID-19, 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 May 28, 2024, to shareholders of record as of May 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 May 28, 2024, to shareholders of record as of May 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 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 Announces Adjournment of the Joint Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund

Retrieved on: 
Thursday, April 18, 2024
Asset Management, Professional Services, Finance, ACP, Prospectus, Meeting, Person, News, Investment, Suite, Security (finance), FSD, Trustee, FTP, AIB (NI), Private equity, FTA, Fund, FINRA, FAM

Shareholders of record of each Fund as of the close of business on October 23, 2023, are entitled to vote at the Meeting.

Key Points: 
  • Shareholders of record of each Fund as of the close of business on October 23, 2023, are entitled to vote at the Meeting.
  • Whether or not shareholders plan to attend the Meeting, it is important that their shares be represented and voted at the Meeting.
  • The proxy statement contains important information regarding the proposed reorganizations and shareholders of the Fund are urged to read the proxy statement and accompanying materials carefully.
  • If shareholders have any questions regarding the proposals, or need assistance voting, they may call EQ Fund Solutions, LLC at (866) 620-8437.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust Specialty Finance and Financial Opportunities Fund with and into abrdn Total Dynamic Dividend Fund

Retrieved on: 
Thursday, April 18, 2024
Banking, Asset Management, Professional Services, Finance, Prospectus, Meeting, Person, News, Investment, Suite, Security (finance), Trustee, FGB, FTP, AIB (NI), Private equity, FTA, AOD, Fund, FINRA

Shareholders of record of the Fund as of the close of business on October 23, 2023, are entitled to vote at the Meeting.

Key Points: 
  • Shareholders of record of the Fund as of the close of business on October 23, 2023, are entitled to vote at the Meeting.
  • Whether or not shareholders plan to attend the Meeting, it is important that their shares be represented and voted at the Meeting.
  • The proxy statement contains important information regarding the proposed reorganization and shareholders of the Fund are urged to read the proxy statement and accompanying materials carefully.
  • If shareholders have any questions regarding the proposals, or need assistance voting, they may call EQ Fund Solutions, LLC at (866) 796-7172.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

Retrieved on: 
Thursday, April 18, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Prospectus, Meeting, Person, News, Investment, Suite, MFD, ASGI, Security (finance), Trustee, FTP, AIB (NI), Private equity, FTA, Fund, FINRA

Shareholders of record of the Fund as of the close of business on October 23, 2023, are entitled to vote at the Meeting.

Key Points: 
  • Shareholders of record of the Fund as of the close of business on October 23, 2023, are entitled to vote at the Meeting.
  • Whether or not shareholders plan to attend the Meeting, it is important that their shares be represented and voted at the Meeting.
  • The proxy statement contains important information regarding the proposed reorganization and shareholders of the Fund are urged to read the proxy statement and accompanying materials carefully.
  • If shareholders have any questions regarding the proposals, or need assistance voting, they may call EQ Fund Solutions, LLC at (877) 864-5057.

First Trust Announces Shareholder Approval of New Investment Sub-Advisory Agreement and “Manager of Managers” Structure for First Trust SSI Strategic Convertible Securities ETF (Nasdaq: FCVT)

Retrieved on: 
Tuesday, April 16, 2024
Professional Services, Finance, Sale, Investment, Trust, Insurance, Trustee, FTP, AIB (NI), FTA, Management, Internal Revenue Code, SSI, ERISA, Taft–Hartley Act, Judgement, FINRA, RIH, Disclosure, Financial adviser

SSI (or its predecessor entity, SSI Investment Management Inc.) has served as the investment sub-advisor to the Fund since the Fund’s inception and continues to sub-advise the Fund.

Key Points: 
  • SSI (or its predecessor entity, SSI Investment Management Inc.) has served as the investment sub-advisor to the Fund since the Fund’s inception and continues to sub-advise the Fund.
  • Resolute Investment Managers, Inc. (“RIM”), an indirect wholly-owned subsidiary of Resolute Topco, Inc. (“Topco”), has held a majority ownership interest in SSI since 2019.
  • SSI is an investment management firm specializing in alternative investment solutions utilizing convertible assets, equity securities and hedging strategies.
  • SSI serves as investment advisor to investment portfolios with approximately $2.0 billion in assets which it managed as of March 31, 2024.

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.