First Trust Specialty Finance and Financial Opportunities Fund

First Trust Specialty Finance and Financial Opportunities Fundverified

FGB

Price:

$4.135

Market Cap:

$59.41M

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 Dividend Yield as of September 2024 (TTM) for First Trust Specialty Finance and Financial Opportunities Fund (FGB) is 8.83%

According to First Trust Specialty Finance and Financial Opportunities Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 8.83%. This represents a change of 75.67% compared to the average of 5.02% of the last 4 quarters.

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Historical Dividend Yield (quarterly & annually)

How has FGB Dividend Yield performed in the past?

The mean historical Dividend Yield of First Trust Specialty Finance and Financial Opportunities Fund over the last ten years is 9.71%. The current 8.83% Dividend Yield has changed -9.09% with respect to the historical average. Over the past ten years (40 quarters), FGB's Dividend Yield was at its highest in in the May 2019 quarter at 8.67%. The Dividend Yield was at its lowest in in the May 2018 quarter at 0%.

Quarterly (TTM)
Annual

Average

9.71%

Median

10.37%

Minimum

0%

Maximum

14.15%

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of First Trust Specialty Finance and Financial Opportunities Fund Dividend Yield, 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 = Infinity%

Maximum Annual Dividend Yield = 14.15%

Minimum Annual Increase = -24.06%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20239.85%4.18%
20229.46%14.61%
20218.25%-23.21%
202010.74%-24.06%
201914.15%13.37%
201812.48%13.81%
201710.96%9.70%
20169.99%-10.87%
201511.21%Infinity%

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Average Dividend Yield

How has FGB Dividend Yield performed in the past?

The current Dividend Yield 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

9.19%

5-year avg

10.49%

10-year avg

9.71%

First Trust Specialty Finance and Financial Opportunities Fund (FGB) Dividend Yield vs. Peers

How is FGB’s Dividend Yield compared to its peers?

First Trust Specialty Finance and Financial Opportunities Fund’s Dividend Yield is less than MFS High Income Municipal Trust (4.39%), less than MFS High Yield Municipal Trust (4.67%), less than BlackRock MuniHoldings Quality Fund II, Inc. (4.74%), less than MFS Government Markets Income Trust (7.97%), less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than Pioneer Municipal High Income Fund, Inc. (3.57%), greater than Nuveen Short Duration Credit Opportunities Fund (0%), less than Invesco High Income Trust II (10.27%), less than Angel Oak Financial Strategies Income Term Trust (9.86%), less than The Mexico Fund, Inc. (0%), less than BlackRock MuniYield Pennsylvania Quality Fund (5.58%), less than PIMCO New York Municipal Income Fund III (4.98%), less than The Swiss Helvetia Fund Inc. (4.76%), less than Nuveen Global High Income Fund (5.80%), less than Advent Convertible and Income Fund (9.55%), less than Nuveen Senior Income Fund (11.59%), greater than Blackstone/GSO Strategic Credit Fund (0%), less than null (9.42%),

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Frequently asked questions❓

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How does the current Dividend Yield for First Trust Specialty Finance and Financial Opportunities Fund (FGB) compare to its historical average?