FIV News and Press, First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest From 09/17/20

The loan CEF sector has been out of favor for the better part of the year, as the collapse in short-term rates led to the wave of distribution cuts. The discount differential between the two sectors is close to a 7-year high with high-yield CEFs enjoying a 5% tighter discount on average. In th...

First Trust Senior Floating Rate 2022 Target Term Fund (the "Fund") (NYSE: FIV) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0178 per share payable on September 15, 2020, to shareholders of record as of September 2, 2020. The ex-divi...

Author’s note: this article was released to members of CEF/ETF Income Laboratory on August 3, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF]...

(This report was issued to members on July 13). For those who like to go into the cheapest sectors, look no further than floating rate, at least within the taxable bond sectors. Loans are still cheap with an average price to par of just under $90. Couple that with the average discount on...

Evercore ISI has seen enough from its Retail Sales Lead Indicator to give its full-year expectations for U.S. retail sales a bump - to 2.5% from 1%. More news on: Costco Wholesale Corporation, Amazon.com, Inc., The Home Depot, Inc., Notable Calls, Consumer stocks news Read more ...

(This report was issued to members of Yield Hunting on July 15). Term trusts closed-end funds ("CEFs") are part of the asset allocation framework for Building a Better Income Portfolio. They tend to be lower risk compared to comparable perpetual trust CEFs given that they have a defined ...

Author's note: This article was released to CEF/ETF Income Laboratory members on July 29, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in ...

The volatility and heavy drawdowns across various assets of the past few months have caused many income investors to revisit the construction of their CEF portfolios. In this article, we take a look at a number of strategies that investors can use to make their portfolios more resilient. These...

First Trust Senior Floating Rate 2022 Target Term Fund (the "Fund") (NYSE: FIV) has decreased its regularly scheduled monthly common share distribution to $0.0178 per share from $0.0203 per share. The distribution will be payable on August 17, 2020, to shareholders of record as of August 4, 2...

First Trust Senior Floating Rate 2022 Target Term Fund (the "Fund") (NYSE: FIV) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0203 per share payable on July 15, 2020, to shareholders of record as of July 2, 2020. The ex-dividend date ...