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 PE Ratio as of December 2024 (TTM) for First Trust Specialty Finance and Financial Opportunities Fund (FGB) is 3.49

According to First Trust Specialty Finance and Financial Opportunities Fund’s latest financial reports and current stock price. The company's current PE Ratio is 3.49. This represents a change of -178.54% compared to the average of -4.44 of the last 4 quarters.

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

How has FGB PE Ratio performed in the past?

The mean historical PE Ratio of First Trust Specialty Finance and Financial Opportunities Fund over the last ten years is 11.90. The current 3.49 PE Ratio has changed 2.83% with respect to the historical average. Over the past ten years (40 quarters), FGB's PE Ratio was at its highest in in the May 2019 quarter at 8.73. The PE Ratio was at its lowest in in the May 2023 quarter at -13.03.

Quarterly (TTM)
Annual

Average

11.90

Median

4.77

Minimum

-13.02

Maximum

101.17

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

Discovering the peaks and valleys of First Trust Specialty Finance and Financial Opportunities Fund PE 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 = 380.31%

Maximum Annual PE Ratio = 101.17

Minimum Annual Increase = -Infinity%

Minimum Annual PE Ratio = -13.02

Quarterly (TTM)
Annual
YearPE RatioChange
20236.26-148.08%
2022-13.02-496.41%
20213.28-304.78%
2020-1.60-121.79%
20197.36-92.72%
2018101.17380.31%
201721.06195.37%
20167.13-156.40%
2015-12.64-Infinity%

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

How has FGB PE Ratio performed in the past?

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

3-year avg

-1.16

5-year avg

0.46

10-year avg

11.90

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

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

First Trust Specialty Finance and Financial Opportunities Fund’s PE Ratio is less than MFS High Income Municipal Trust (19.08), less than MFS High Yield Municipal Trust (24.35), less than BlackRock MuniHoldings Quality Fund II, Inc. (15.59), greater than MFS Government Markets Income Trust (-188.62), greater than Virtus Convertible & Income 2024 Target Term Fund (0), less than Pioneer Municipal High Income Fund, Inc. (5.37), greater than Nuveen Short Duration Credit Opportunities Fund (-13.96), less than Invesco High Income Trust II (4.71), less than Angel Oak Financial Strategies Income Term Trust (26.77), less than The Mexico Fund, Inc. (0), less than BlackRock MuniYield Pennsylvania Quality Fund (6.02), less than PIMCO New York Municipal Income Fund III (23.36), less than The Swiss Helvetia Fund Inc. (18.08), less than Nuveen Global High Income Fund (5.42), less than Advent Convertible and Income Fund (6.73), less than Nuveen Senior Income Fund (11.66), greater than Blackstone/GSO Strategic Credit Fund (-16.47), less than null (7.76),

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Frequently asked questions❓

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