First Trust Specialty Finance and Financial Opportunities Fund (FGB)

3.7500 0.0000 (0.00%) At close: 04:00PM EDT

First Trust Specialty Finance and Financial Opportunities Fund

120 East Liberty Drive
Suite 400
Wheaton, IL 60187
United States
630-765-8000
https://www.ftportfolios.com/Retail/Cef/CefSummary.aspx?Ticker=FGB

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Description

First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors. The fund primarily invests in value stocks of companies, as well as in Business Development Companies, REITs, and other mortgage related securities. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Wells Fargo BDC Index, 20% FTSE NAREIT Mortgage REIT Index, and 10% S&P SmallCap Financials Index. It was formerly known as First Trust/Gallatin Specialty Finance and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund was formed on March 20, 2007 and domiciled in the United States.

Corporate governance

First Trust Specialty Finance and Financial Opportunities Fund’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.