First Trust Specialty Finance and Financial Opportunities Fund
First Trust Specialty Finance and Financial Opportunities Fund
Your view on FGB
Overview
What the company does, where it operates, and who runs it.
About First Trust Specialty Finance and Financial Opportunities Fund
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- James M. Dykas
- Headquarters
- 120 East Liberty Drive, Wheaton, IL, US
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- James M. Dykas
- Headquarters
- 120 East Liberty Drive, Wheaton, IL, US
The First Trust Specialty Finance and Financial Opportunities Fund (FGB) functions as a closed-end equity mutual fund. It was established and is primarily overseen by First Trust Advisors L.P., with additional management responsibilities shared by Confluence Investment Management LLC. The fund's investment approach concentrates on public equity markets within the United States, specifically seeking out companies operating in the specialty finance and broader financial sectors. Its portfolio predominantly consists of value stocks, supplemented by investments in Business Development Companies (BDCs), Real Estate Investment Trusts (REITs), and various mortgage-related securities. All investment decisions are guided by a thorough process of fundamental analysis. To assess its performance, the fund utilizes a composite benchmark consisting of 70% Wells Fargo BDC Index, 20% FTSE NAREIT Mortgage REIT Index, and 10% S&P SmallCap Financials Index. Formed on March 20, 2007, and domiciled in the U.S., the fund was formerly identified as the First Trust/Gallatin Specialty Finance and Financial Opportunities Fund.
Media
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Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks the stock is worth vs. the current price.
FRC's fair value estimate for First Trust Specialty Finance and Financial Opportunities Fund, and the rating behind it. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for First Trust Specialty Finance and Financial Opportunities Fund. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for First Trust Specialty Finance and Financial Opportunities Fund. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for First Trust Specialty Finance and Financial Opportunities Fund. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for First Trust Specialty Finance and Financial Opportunities Fund. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
First Trust Specialty Finance and Financial Opportunities Fund valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
Which funds and firms own the stock.
Which institutions hold First Trust Specialty Finance and Financial Opportunities Fund, and how their positions are changing. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
Buying and selling by First Trust Specialty Finance and Financial Opportunities Fund executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
Senate Trading
U.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming First Trust Specialty Finance and Financial Opportunities Fund. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming First Trust Specialty Finance and Financial Opportunities Fund. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
Latest headlines and company announcements for First Trust Specialty Finance and Financial Opportunities Fund. Press releases and market coverage, newest first.