First Trust Specialty Finance and Financial Opportunities Fund

First Trust Specialty Finance and Financial Opportunities Fundverified

FGB

Price:

$4.26

Market Cap:

$61.21M

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 ...[Read more]

Industry

Asset Management

IPO Date

2007-05-25

Stock Exchange

NYSE

Ticker

FGB

The Current Ratio as of December 2024 (TTM) for First Trust Specialty Finance and Financial Opportunities Fund (FGB) is 0

According to First Trust Specialty Finance and Financial Opportunities Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 9.02 of the last 4 quarters.

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Historical Current Ratio (quarterly & annually)

How has FGB Current Ratio performed in the past?

The mean historical Current Ratio of First Trust Specialty Finance and Financial Opportunities Fund over the last ten years is 1.47. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), FGB's Current Ratio was at its highest in in the May 2021 quarter at 252.23. The Current Ratio was at its lowest in in the May 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

1.47

Median

1.13

Minimum

0

Maximum

8.55

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First Trust Specialty Finance and Financial Opportunities Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 8.55

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20221.10-17.91%
20211.341.38%
20201.33-84.48%
20198.55635.72%
20181.16-1.80%
20171.18Infinity%
201600%
201500%

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Average Current Ratio

How has FGB Current Ratio performed in the past?

The current Current Ratio of First Trust Specialty Finance and Financial Opportunities Fund (FGB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.82

5-year avg

2.46

10-year avg

1.47

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Current Ratio vs. Peers

How is FGB’s Current Ratio compared to its peers?

First Trust Specialty Finance and Financial Opportunities Fund’s Current Ratio is less than MFS High Income Municipal Trust (4.29), less than MFS High Yield Municipal Trust (4.15), less than BlackRock MuniHoldings Quality Fund II, Inc. (0.13), less than MFS Government Markets Income Trust (0.39), less than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than Pioneer Municipal High Income Fund, Inc. (0), less than Nuveen Short Duration Credit Opportunities Fund (0.73), less than Invesco High Income Trust II (0), less than Angel Oak Financial Strategies Income Term Trust (0.10), less than The Mexico Fund, Inc. (0), less than BlackRock MuniYield Pennsylvania Quality Fund (21.91), less than PIMCO New York Municipal Income Fund III (2.52), less than The Swiss Helvetia Fund Inc. (0), less than Nuveen Global High Income Fund (66.35), less than Advent Convertible and Income Fund (0), less than Nuveen Senior Income Fund (0.08), less than Blackstone/GSO Strategic Credit Fund (1.46), less than null (0),

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