EIP

Message Broadcast Strengthens Executive Leadership Team with Key Hires

Retrieved on: 
星期三, 五月 15, 2024
Energy, Technology, Telecommunications, Software, Utilities, AER, CFO, Marketing, Forecasting, Weather, Growth, Acquisition, Accounting, Communication, EIP, Acceleration, Record

These hires follow the earlier announcement of Message Broadcast’s acquisition by OceanSound Partners and Energy Impact Partners (EIP) and the appointment of Maulik Datanwala as Chief Executive Officer.

Key Points: 
  • These hires follow the earlier announcement of Message Broadcast’s acquisition by OceanSound Partners and Energy Impact Partners (EIP) and the appointment of Maulik Datanwala as Chief Executive Officer.
  • “I am thrilled to welcome Scott and Alex to Message Broadcast during this important inflection point in our journey, as we build a comprehensive customer engagement platform,” said Datanwala.
  • With their addition to our leadership team, we are well-positioned to rapidly scale and deliver enhanced value to our customers.”
    Scott McClintock, CRO, leads Message Broadcast’s go-to-market efforts, including the sales, marketing, and partnerships functions.
  • “Message Broadcast is at the forefront of innovative customer engagement solutions that support the delivery of billions of interactions each year.

First Trust Energy Infrastructure Fund Issues Notice Regarding May 2024 Distribution

Retrieved on: 
星期五, 五月 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.

First Trust Announces Date for the Mergers of First Trust Energy Income and Growth Fund, First Trust MLP and Energy Income Fund, First Trust New Opportunities MLP & Energy Fund and First Trust Energy Infrastructure Fund

Retrieved on: 
星期四, 四月 25, 2024
Banking, Professional Services, Finance, News, Suite, NAV, FTP, AIB (NI), FTA, FEN, ARCA, EIP, FINRA, FEI, FPL, Prospectus, Financial adviser

No assurance can be given as to the exact timing of the closing of the mergers.

Key Points: 
  • No assurance can be given as to the exact timing of the closing of the mergers.
  • Immediately prior to the consummation of the mergers, EIPI will adopt the net asset value (“NAV”) per share of First Trust Energy Infrastructure Fund.
  • FTA is a federally registered investment advisor and serves as the investment advisor of each Target Fund and EIPI.
  • 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 Energy Income and Growth Fund Declares its Final Common Share Distribution Rate of $0.30 Per Share

Retrieved on: 
星期三, 四月 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: 
星期三, 四月 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: 
星期五, 四月 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: 
星期五, 四月 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: 
星期一, 四月 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: 
星期三, 四月 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.

OceanSound Acquires Message Broadcast in Partnership with EIP

Retrieved on: 
星期四, 四月 11, 2024
Technology, Finance, Utilities, Banking, Telecommunications, Professional Services, Software, Energy, Asset Management, Slate, Investment, Weather, Communication, Partnership, Kirkland & Ellis, Growth, Acquisition, SumTotal Systems, EIP, Pearson Education, API, Health

Message Broadcast (the “Company”), a leading provider of customer engagement software for the electric utility industry, today announced that OceanSound Partners (“OceanSound”), in partnership with Energy Impact Partners (“EIP”), has acquired the Company from LINK Mobility (OB:LINK).

Key Points: 
  • Message Broadcast (the “Company”), a leading provider of customer engagement software for the electric utility industry, today announced that OceanSound Partners (“OceanSound”), in partnership with Energy Impact Partners (“EIP”), has acquired the Company from LINK Mobility (OB:LINK).
  • Founded in 1998, Message Broadcast develops customer engagement software for utilities and other highly regulated industry sectors, including financial services, telecommunications, and healthcare.
  • “Message Broadcast addresses these increasing requirements with workflows that provide assurance during emergency power outages, which have immense public and regulatory scrutiny.
  • “We are delighted to welcome Maulik as the new CEO of Message Broadcast,” said Parin Shah, Principal at OceanSound.