FXN News and Press, First Trust Energy AlphaDEX Fund From 06/29/22

The income potential of variable income entities is best realized when these vehicles are purchased near industry bottoms. There is a base dividend that is likely to grow and be maintained throughout the cycle. The base dividend will be attractive to income investors when the stoc...

We expect elevated inflation to continue into 2023 due to the lagged impact of food supply disruption and elevated energy costs. Should a recession occur, its scale is likely to be limited by the reduced number of negative feedback loops. Consumers enter this slowdown with a large...

The gap between energy stocks and consumer discretionary stocks is striking. We think the market is suggesting that extreme energy inflation will lead to a dramatic reduction in spending. If consumer spending turns out to be more resilient than the market expects, we think the con...

We remain cautious in equities, but in fixed income, investors now have more yield and credit spread to work with. We think that the Federal Reserve’s rate hikes for this cycle are becoming increasingly priced into the yield curve. Our fixed income team has stress-tested fo...

FLNG yields 10.5%, with a 69% payout ratio. It has paid three $.75/share quarterly dividends in a row. It just signed 4 long term charters, adding $750M to its backlog, which is now a minimum of 54 years. FLNG has long-term tailwinds in the LNG market, with Europe switching to...

First Trust Energy AlphaDEX Fund (FXN) - $0.1131. 30-Day SEC Yield of 2.17% as of May. 31. Payable Jun 30; for shareholders of record Jun 27; ex-div Jun 24. For further details see: First Trust Energy AlphaDEX Fund declares quarterly distribution of $0.1131

U.S. President Joe Biden has criticized oil majors for not stepping up to help combat record-high gasoline prices at the pump. Looking at Refinitiv Datastream, we observe U.S. oil production to see if oil companies have been increasing production since the pandemic. In reality, oi...

The Energy sector bounced along with the overall market on Tuesday, but last week, it was that sector’s turn to get taken to the woodshed. Last week marked just the sixth period in the last 30+ years that the Energy sector underperformed the S&P 500 by more than ten percent...

Russia has diverted a large share of exports to India and China, while European buyers have increased purchases from West Africa and Latin America. Greece, Malta, and Cyprus raised objections to a ban on the transporting of Russian cargoes by European-flagged vessels. The impendin...

The combination of high and rising global inflation and the Russia-Ukraine war has been driving commodities higher. Continued supply constraints from the Russia-Ukraine war and a resurgence in China’s economy will most likely support commodity prices for the rest of this year a...