FIV News and Press, First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest From 07/18/21

We review CEF market valuation and performance over the past week and highlight recent events. We take a look at the pattern of the most recent drawdown in the CEF market. And discuss two CEF terminations, action in BlackRock coverage numbers, Eaton Vance tender offers and more. ...

We review CEF market valuation and performance over the past week and highlight recent events. We highlight news and market action across a number of CEFs such as HFRO, FSLF, IGI, and a pair of Invesco loan funds. Valuation and distribution challenges remain two key risks for CEF ...

The current market environment of both expensive asset and discount valuations is a tricky one for CEF investors. Target term CEFs offer a middle-ground option between perpetual CEFs and open-end funds with their typically lower beta profile and greater discount control. We take a...

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 $0.0103 per share payable on July 15, 2021, to shareholders of record as of July 2, 2021. The ex-dividend...

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 $0.0103 per share payable on June 15, 2021, to shareholders of record as of June 2, 2021. The ex-dividend...

Nineteen out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. MLPs lead while munis lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: May 2, 2021

Taxable bond CEFs are now at their tightest levels of the last eight years going back to 2012-early 2013. There's not much juice left. That doesn't mean that we need to sell out of CEFs, we just need to be more prudent and vigilant. That includes re-positioning to the best ideas along...

First Trust Senior Floating Rate 2022 Target Term Fund (FIV) declares $0.0103/share monthly dividend, -19.5% decrease from prior dividend of $0.0128.Forward yield 1.32%Payable May 17; for shareholders of record May 4; ex-div May 3.See FIV Dividend Scorecard, Yield Chart, & Dividend Growth...

First Trust Senior Floating Rate 2022 Target Term Fund (the "Fund") (NYSE: FIV) has decreased its regularly scheduled monthly common share distribution to $0.0103 per share from $0.0128 per share. The distribution will be payable on May 17, 2021, to shareholders of record as of May 4, 2...

Rising rates have been top of mind for income investors since the start of the year. The usual approach to rising rates has two problems. It fails to distinguish between two different rising rate environments and their different impact on assets. And it uses the textbook definitio...