First Trust Specialty Finance and Financial Opportunities Fund ( (FGB) ) has provided an update.
On March 5, 2025, First Trust Advisors L.P. announced that proxy materials for the proposed reorganization of the First Trust Specialty Finance and Financial Opportunities Fund (FGB) into the FT Confluence BDC & Specialty Finance Income ETF have been sent to shareholders. Shareholders of FGB, as of January 10, 2025, are eligible to vote on this reorganization at a special meeting scheduled for April 21, 2025, which could impact the company’s operations and market positioning.
More about First Trust Specialty Finance and Financial Opportunities Fund
First Trust Specialty Finance and Financial Opportunities Fund (FGB) operates in the financial sector, specifically focusing on specialty finance and financial opportunities. It is a closed-end fund managed by First Trust Advisors L.P. (FTA), which is known for its expertise in managing investment funds.
YTD Price Performance: 6.85%
Average Trading Volume: 42,450
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