First Trust Energy Infrastructure Fund

First Trust MLP & Energy Income Fund

First Trust Energy Income and Growth Fund

First Trust New Opportunities Mlp & Energy Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the mergers of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy Income Fund (NYSE: FEI), First Trust New Opportunities MLP & Energy Fund (NYSE: FPL), and First Trust Energy Infrastructure Fund (NYSE: FIF) (the “Target Funds” or each, individually, a “Target Fund”), into FT Energy Income Partners Enhanced Income ETF (NYSE Arca: EIPI), were successfully completed pr.

First Trust Announces Completion of Mergers

Apollo Senior Floating Rate Fund

American Tower

Ellington Residential Mortgage REIT

Enterprise Products Partners

Energy Transfer LP Unit

Blackrock Floating Rate Income Strategies Fund Inc

GAMCO Global Gold. Natural Resources & Income Trust

MPLX

Newmont Mining

PIMCO Dynamic Income Opportunities Fund

Prologis

Cohen & Steers Real Estate Opportunities and Income Fund

Sabine Royalty Trust

Welltower

Intrexon

$178.25   Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc.

Want $1,200 per Month in Passive Income? Invest in These Stocks

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The closed-end fund listed above declared its final distr.

First Trust Energy Infrastructure Fund Issues Notice Regarding May 2024 Distribution

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the mergers of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy Income Fund (NYSE: FEI), First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) and First Trust Energy Infrastructure Fund (NYSE: FIF) (the “Target Funds” or each, individually, a “Target Fund”), each a closed-end management investment company managed by FTA and sub-advised by Energy Income Partn.

First Trust Announces Date for the Mergers of First Trust Energy Income and Growth Fund, First Trust MLP and Energy Income Fund, First Trust New Opportunities MLP & Energy Fund and First Trust Energy Infrastructure Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared its final common share distribution rate in the amount of $0.15 per share, which as previously announced on April 19, 2024, will be payable on May 2, 2024, to shareholders of record as of April 29, 2024. The ex-dividend date is expected to be April 26, 2024. The final distribution information for the Fund appears below. First Trust Energy Infrastructure Fund (FIF): Distribution per share.

First Trust Energy Infrastructure Fund Declares its Final Common Share Distribution Rate of $0.15 Per Share

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared its final common share distribution, payable on May 2, 2024, to shareholders of record as of April 29, 2024. The ex-dividend date is expected to be April 26, 2024. The per share rate is expected to be announced on April 24, 2024. The distribution will be paid entirely in cash, with no option for dividend reinvestment. The Fund's Board of Trustees has approved a managed distribution polic.

First Trust Energy Infrastructure Fund Declares its Final Common Share Distribution Dates

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on April 15,.

First Trust Energy Infrastructure Fund Issues Notice Regarding April 2024 Distribution

BlackRock Science and Technology Trust II

Western Asset High Income Fund

PIMCO Dynamic Income Strategy Fund

5 out of 22 closed-end fund sectors positive on price and 1 out of 22 sectors positive on NAV. Saba targets BSTZ, while PDX moves to a monthly distribution. First Trust MLP CEF mergers are approved by shareholders.

Weekly CEF Roundup: First Trust MLP CEF Mergers Approved, Saba Buys BSTZ, PDX Goes Monthly

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on April 15, 2024, to shareholders of record as of April 2, 2024. The ex-dividend date is expected to be April 1, 2024. The monthly distribution information for the Fund appears below. First Trust Energy Infrastructure Fund (FIF): Distribution per share: $0.10 Distribution Rate based.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for April

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on March 15,.

First Trust Energy Infrastructure Fund Issues Notice Regarding March 2024 Distribution

Blackrock Income Trust

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

Carlyle Credit Income Fund

MFS High Yield Municipal Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

BNY Mellon High Yield Strategies Fund 

Allspring Global Dividend Opportunity Fund

John Hancock Investors Trust

John Hancock Income Securities Trust

Deutsche Municipal Income Trust

Macquarie/ First Trust Global Infrastructure/ Utilities Dividend & Income Fund

MFS Municipal Income Trust

MFS Government Markets Income Trust

BlackRock Municipal Income Fund

Nuveen California Quality Municipal Income Fund

Nuveen Quality Municipal Income Fund

Nuveen New York Quality Muni Income Fund

Nuveen AMT-Free Quality Municipal Income Fund

Virtus Dividend Interest & Premium Strategy Fund

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

FT Energy Income Partners Enhanced Income Etf

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that shareholders of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy Income Fund (NYSE: FEI), First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) and First Trust Energy Infrastructure Fund (NYSE: FIF) (the “Target Funds” or each, individually, a “Target Fund”), each a closed-end management investment company managed by FTA and sub-advised by Energy Income Part.

First Trust Announces Shareholder Approvals of the Mergers

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the joint special meeting of shareholders of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy Income Fund (NYSE: FEI), First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) and First Trust Energy Infrastructure Fund (NYSE: FIF) (the “Target Funds” or each, individually, a “Target Fund”) held on February 20, 2024 has been adjourned in order to permit addition.

First Trust Announces Adjournment of Joint Special Meeting of Shareholders

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024. The ex-dividend date is expected to be March 1, 2024. The monthly distribution information for the Fund appears below. First Trust Energy Infrastructure Fund (FIF): Distribution per share: $0.10 Distribution Rate based.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for March

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on February.

First Trust Energy Infrastructure Fund Issues Notice Regarding February 2024 Distribution

Closed-end fund, First Trust Energy Infrastructure Fund, will be converted into an exchange-traded fund, narrowing its discount to net asset value to 5.65%. The conversion is expected to happen in Q2 2024, potentially erasing the FIF CEF discount and providing a return of around 6.38% for investors. The underlying stocks in the portfolio have decent valuations and strong cash flows, making them attractive holdings.

FIF CEF: Upcoming ETF Conversion Set To Erase 5.65% Discount

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on February 15, 2024, to shareholders of record as of February 2, 2024. The ex-dividend date is expected to be February 1, 2024. The monthly distribution information for the Fund appears below. First Trust Energy Infrastructure Fund (FIF): Distribution per share: $0.10 Distribution R.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for February

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on January 1.

First Trust Energy Infrastructure Fund Issues Notice Regarding January 2024 Distribution

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on January 16, 2024, to shareholders of record as of January 3, 2024. The ex-dividend date is expected to be January 2, 2024. The monthly distribution information for the Fund appears below. First Trust Energy Infrastructure Fund (FIF): Distribution per share: $0.10 Distribution Rate.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for January

First Trust Energy Infrastructure Fund is a pipeline-focused closed-end fund trading at a 5.97% discount to net asset value. FIF is set to convert to an ETF in Q2 2024, which will eliminate the discount and potentially provide a 6.38% return. Hedging the position can mitigate underlying volatility while accepting the pipeline beta can provide stable returns and monthly distributions.

First Trust Energy Infrastructure: A Closed-End Fund's ETF Conversion

First Trust Energy Infrastructure Fund's discount has narrowed due to its expected merger into an exchange-traded fund structure, which eliminates the potential for material discounts in the future. The fund's performance has been strong thanks to the conversion proposal but also aided by receding risk-free Treasury Rates. The merger will also include its other sister funds, creating a larger fund called First Trust Energy Income Partners Enhance Income ETF, expected to occur in Q2 2024.

FIF: Some Potential Before Possible Conversion

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on December.

First Trust Energy Infrastructure Fund Issues Notice Regarding December 2023 Distribution

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on December 15, 2023, to shareholders of record as of December 4, 2023. The ex-dividend date is expected to be December 1, 2023. The monthly distribution information for the Fund appears below. First Trust Energy Infrastructure Fund (FIF): Distribution per share: $0.10 $0.10 Distribu.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for December

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on November.

First Trust Energy Infrastructure Fund Issues Notice Regarding November 2023 Distribution

We review CEF market valuation and performance through the first week of November and highlight recent market action. CEFs experienced a rebound with all sectors rallying. REITs were in the lead with a nearly 14% gain. Several First Trust Energy/MLP CEFs have announced a merger into a new ETF which can drive both lower fees and discount amortization.

News for First Trust Energy Infrastructure Fund ETF (FIF)