FPE News and Press, First Trust Preferred Securities and Income ETF From 08/20/20

First Trust Preferred Securities and Income ETF (NYSEARCA: FPE ) declares $0.0883/share monthly dividend , 27.8% increase from prior dividend of $0.0691. Forward yield 5.48% Payable Aug 31; for shareholders of record Aug 24; ex-div Aug 21. See FPE Dividend Scorecard, Yield Cha...

With the market powering ahead in a very strong rally since its March drawdown some investors may be looking to take some chips off the table. In this article we take a look at open-end funds alternatives to closed-end funds in the preferreds sector. Open-end preferreds funds have tended to ex...

Exactly a year ago we discussed how investors can go about making the choice between a closed-end and an open-end fund. Much has changed in the market since then so we take this opportunity to revisit our framework and see whether the developments over the past few months shed any additional...

The last few weeks have seen very sharp moves in asset prices. Apart from hammering prices of risky assets, these shifts across assets have also impacted sector distributions to varying degrees. In this article we take a look at these impacts as well as discuss sectors are likely to boats more...

April was a bad month for CEF distributions with over 90 funds declaring cuts. Within this seemingly one-way move, the preferreds sector stood out for its surprisingly divergent behavior with one set of funds cutting distributions and another set increasing. In this article we explore the reas...

One curious feature that investors discover when they encounter closed-end funds for the first time is the discount or the, often substantial, differential between the fund's price and its net asset value. However, while investors know to prefer wider discounts all else equal, there is little ...

In a period of sharp drawdowns, high volatility and more attractive valuations in the CEF space than we have seen for many years, the idea of building your own leveraged security portfolio may sound bizarre. And indeed, this is a step too far for many investors who are more than happy to sit...

This article uses market data as of Wednesday close. The last few weeks have seen enormous moves across the preferred stock sector - a stark reminder of the financial-crisis era drawdown. In this article, we take a look at how the current episode compares to what we saw over a decade ago a...

This time, we will present our readers with the Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO), which was incorporated in 2004. It is a closed-ended fund that is primarily focused on the global dividend-paying companies with a strong emphasis on a tax-advantaged income. In...

Introduction This article looks at the current investment environment, my Vanguard and Fidelity Target Portfolios, and a preliminary strategy for allocations as the economy and markets evolve. Investment Model If you took Charles Ellis' philosophy in Winning the Loser's Game that the b...