First Trust Specialty Finance and Financial Opportunities Fund

First Trust Specialty Finance & Financial Opportunities Fund is a non-diversified and closed-end management investment company. It engages on investments in a portfolio of securities of specialty finance and other financial companies under normal market conditions. The company was founded in 2007 and is headquartered in Wheaton, IL.

First Trust Specialty Finance & Financial Opportunities Fund is a closed-end management investment company. It engages in the business of investing, under normal market conditions, at least eighty percent of its managed assets in a portfolio of securities of specialty finance and other financial companies that Confluence Investment Management LLC believes offer attractive opportunities for income and capital appreciation. The company was founded on March 20, 2007 and is headquartered in Wheaton, IL.

FGB was one fund that we were warning to avoid for months, due to an unrealistic premium. The primary factor behind the fund's premium was an equally unrealistic distribution.

FGB: When Distribution Cuts Create Opportunity

ETRACS Linked to the Wells Fargo Business Development Company Index ETN

UBS ETRACS Wells Fargo Business Development Cmpn Indx ETN 2015-26.4.41 Lkd to Wells Fargo Business Dvlpmnt Indx Ser B

VanEck Vectors BDC Income ETF

Newtek Business Services

Putnam High Income Securities Fund

RiverNorth Opportunities Fund, Inc.

High yield has many perceived risks, but not actual risk if you are invested in the right companies.

How To Be A Successful Income Investor

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Specialty Finance and Financial Opportunities Fund (the "Fund") (NYSE: FGB) has decreased its regularly scheduled quarterly distribution to $0.0825 per share from $0.135 per share The distribution will be payable on August 31, 2020, to shareholders of record as of August 24, 2020.

News for First Trust Specialty Finance and Financial Opportunities Fund ETF (FGB)