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First Trust Announces Completion of Mergers

09:20am, Monday, 06'th May 2024
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the mergers of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy Inc
$178.25   Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc.
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the mergers of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy Inc
5 out of 22 closed-end fund sectors positive on price and 1 out of 22 sectors positive on NAV. Saba targets BSTZ, while PDX moves to a monthly distribution. First Trust MLP CEF mergers are approved by
First Trust MLP and Energy Income Fund is converting from a closed-end structure to an ETF structure, offering a potential 4.3% upside if assets trade around net asset value after the conversion. The
Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that shareholders of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy In
WHEATON, Ill.--(BUSINESS WIRE)--First Trust MLP and Energy Income Fund (the "Fund") (NYSE: FEI) has declared the Fund's monthly common share distributions for February, March and April of $0.05 per sh
First Trust MLP and Energy Income Fund Common is a top-performing MLP/midstream CEF. A proposed ETF conversion offers arbitrage opportunity for FEI investors. The merger is expected to eliminate the C

CEF Weekly Review: The Best Kind Of CEF Merger

03:26am, Sunday, 12'th Nov 2023
We review CEF market valuation and performance through the first week of November and highlight recent market action. CEFs experienced a rebound with all sectors rallying. REITs were in the lead with
WHEATON, Ill.--(BUSINESS WIRE)--First Trust MLP and Energy Income Fund (the "Fund") (NYSE: FEI) has declared the Fund's monthly common share distributions for November, December and January of $0.05 p
First Trust MLP and Energy Income Fund Common is an attractive alternative to the Alerian MLP ETF for income-oriented investors who want high yield without K-1s. FEI's top holdings are generally very
First Trust MLP and Energy Income Fund Common has delivered a solid performance among energy infrastructure funds with a 10.88% total return year-to-date. The FEI closed-end fund could continue to del
WHEATON, Ill.--(BUSINESS WIRE)--First Trust MLP and Energy Income Fund (the "Fund") (NYSE: FEI) has declared the Fund's monthly common share distributions for August, September and October of $0.05 pe
Energy consumption continues to grow exponentially as the world turns to Green Energy. The Green Revolution in energy is causing a boom in the natural gas sector. Power up your income stream with thes
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