First Trust Dynamic Europe Equity Income Stock News

First Trust Dynamic Europe Equity Income Fund (FDEU) is converting from a closed-end fund to an exchange-traded fund. The conversion will eliminate the discount to net asset value and remove the lever

For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive mont

10 out of 22 CEF sectors positive on price and 12 out of 22 sectors positive on NAV last week. Commodities lead while real estate lags.

First Trust announced that this fund will be reorganized as an ETF. It focuses on generating dividend income from European companies.

FDEU invests in high quality European value stocks with higher than average dividend yields. The fund uses 26% effective leverage. They also write call options against 21% of the portfolio to enhance

FDEU's current distribution rate of 6.53% is the highest it's been in 1.5 years. FDEU's valuations are very cheap compared to the U.S. markets and other Euro-focused alternatives.

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA.

FDEU was the 2nd-ranked DxY fund in our recent Quality CEF report. FDEU achieves full distribution coverage through investment into high dividend stocks.

FDEU not only pursues high dividend yielders and REITs but also resorts to call writing to generate additional income.

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announced today that Janus Capital Management LLC ("Janus"), investment sub-advisor for First Trust Dynamic Europe Equity Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for