First Trust Spec Finance & Fincl Opp:FGB

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    Overview

    As of 10/23/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$2.55$2.91-12.37%
    52 Wk Avg$4.08$3.973.86%
    52 Wk High$6.41$6.3643.38%
    52 Wk Low$1.26$1.66-32.20%
    Regular Distribution TypeIncome Only
    Distribution Rate12.94%
    Distribution Amount$0.0825
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Funds primary investment objective is to seek a high level of current income. The Fund seeks attractive total return as a secondary objective. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies. Under normal market conditions, the Fund will concentrate its investments in securities of companies within industries in the financial sector., L’objectif de gestion est de garantir aux porteurs ayant souscrit avant le 7 mars 2011 et ayant conservé leurs parts jusqu'à l’échéance de la formule, soit le 7 mars 2017 (la ''Date d'Echéance''), une valeur liquidative égale à la plus élevée des valeurs suivantes: – la Valeur Liquidative de Référence ; – la Valeur Liquidative de Référence majorée de 70% de la Performance Moyenne liée à l'évolution d'un panier d'actions composé initialement des 18 plus grandes capitalisations de l'indice DJ EuroStoxx50 à la date du 21 septembre 2010. La Performance Moyenne est égale à la moyenne des Performances Retenues Annuellement. Chaque année, la Performance Retenue Annuellement correspond à la moyenne des performances relevées aux Dates de Constatations Annuelles des 3 actions dont la performance par rapport à leur Niveau Initial (''la Performance Individuelle'') est la plus élevée, sachant que ces trois actions sont ensuite retirées du panier d'actions pour les constatations suivantes., Der Fonds strebt die Erzielung berdurchschnittlicher Erträge aus seinen Anlagen in Aktienwerte bei gleichzeitigem langfristigem Kapitalwachstum an. Der Fonds legt weltweit mindestens 70% des Gesamtvermögens in eine spezifische Art oder einen Typ von Anlagen investiert werden, können die restlichen 30% des Gesamtvermögens weltweit in Finanzinstrumente von Unternehmen oder Emittenten jeder Größe und jeder Branche angelegt werden, es sei denn, die jeweilige Anlagepolitik des Fonds beinhaltet diesbezügliche weitergehende Beschränkungen. Bei einem Rentenfonds werden jedoch nicht mehr als 10% des Gesamtvermögens in Aktien angelegt. Der Fonds wird gegen Euro abgesichert., Investimento in strumenti finanziari di natura azionaria, obbligazionaria e monetaria denominati in qualsiasi valuta, principalmente di paesi dell’area OCSE e in modo contenuto in valute di paesi Emergenti. La politica di investimento è volta perseguire una composizione del portafoglio orientata verso strumenti di natura azionaria. Il fondo può investire in OICR e in parte residuale in OICR propri. Il peso degli strumenti finanziari di natura azionaria può variare liberamente tra il 60% ed il 100% del patrimonio del Fondo in funzione delle scelte operate dalla SGR., La gestión toma como referencia la rentabilidad del índice MSCI Europe Micro Cap Index (EUR) Se invertirá como mínimo el 75% de la exposición total en renta variable.

    Capital Structure

    As of 10/23/2020

    Total Investment Exposure:$47.279M
    Total Common Assets:$41.379M
    Common Shares Outstanding:14,367,591
    Leverage

    As of 10/22/2020

    Preferred Share Assets:
    Total Debt (USD): $5.900M
    Regulatory Leverage (USD): $5.900M
    Effective Leverage (USD): $5.900M
    Effective Leverage (%): 12.48%
    Annual Expense Ratios

    As of 11/30/2019

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.56%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    Daniel T. Winter, Mark A. Keller, David Miyazaki

    Basics
    Category: Equity-Sector Equity
    Ticker: FGB
    NAV Ticker: XFGBX
    Average Daily Volume (shares): 82,327
    Average Daily Volume (USD): $0.307M
    Inception Date: 5/25/2007
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 10/23/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 5/31/2020
    $0.2694
    Annualized Distribution Rate on NAV:
    As of 10/23/2020
    11.34%
    Total Return on NAV (12 months):
    As of 10/23/2020
    -44.56%
    Total % Portfolio Effectively Leveraged:
    As of 10/23/2020
    12.48%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/23/2020

    PeriodAvg Discount
    6 Month6.74%
    1 Year3.86%
    3 Year3.22%
    5 Year1.91%
    Z-Score

    As of 10/23/2020

    PeriodZStat
    3 Month-0.58
    6 Month-1.16
    1 Year-1.28
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2020
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-58.12%-46.89%-12.49%-9.13%
    201928.24%30.27%26.64%22.38%
    2018-4.65%-7.57%-12.35%-9.96%
    2017-3.83%0.25%18.18%12.88%
    201641.96%28.27%17.45%14.67%
    2015-21.36%-8.31%-15.98%-12.75%
    20148.79%-5.73%5.16%4.65%
    20139.32%13.47%16.34%17.44%
    201235.06%25.82%12.53%11.75%
    2011-9.59%-5.60%-1.05%0.79%
    201039.31%36.86%20.02%17.83%
    200975.78%46.56%50.36%35.04%
    2008-60.88%-57.48%-42.07%-39.30%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2020
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 5/31/2020
    27
    Annual Portfolio Turnover:
    As of 11/30/2019
    7.00%
    Asset Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)83.65%
    Financial Services79.18%
    Real Estate4.46%
    Cash Equivalents1.03%
    Cash Equivalents (Super Sector)1.03%
    Top Holdings

    As of 5/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Triplepoint Venture Growth Bdc$4.85M10.48%
    Hercules Capital Inc$3.90M8.43%
    Ares Capital Corp$3.69M7.97%
    New Mountain Finance Corp$3.59M7.76%
    BlackRock TCP Capital Corp$3.39M7.32%
    Solar Capital Ltd$3.29M7.12%
    Golub Capital BDC Inc Class B$3.04M6.56%
    Barings BDC Inc$2.54M5.50%
    Pennant Park Investment Corp$2.48M5.36%
    Stellus Capital Investment Corp$2.30M4.98%
    Country Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity88.49%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W