Investment Fiduciary

Latest News for: Investment fiduciary

Edit

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.06 Per Share for March

Market Watch 20 Feb 2019

The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund ... First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients....

Edit

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for March

Market Watch 20 Feb 2019

A portion of this distribution may come from net investment income, net short-term realized capital gains or return of capital ... First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients....

Edit

First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for March

Market Watch 20 Feb 2019

The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income ... First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients....

Edit

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1425 Per Share for March

Market Watch 20 Feb 2019

The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund ... Investment in non-U.S ... First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients....

Edit

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for March

Market Watch 20 Feb 2019

Edit

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for March

Market Watch 20 Feb 2019

("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor ... First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients....

Edit

Alight IPO: Blackstone's Bet That Seems Very Risky

Seeking Alpha 20 Feb 2019

In addition, Alight reports fiduciary assets worth $717 million ... Fiduciary assets, because of their nature, are generally invested in very liquid securities with highly-rated, credit-worthy financial institutions. We are entitled to retain investment income earned on fiduciary funds in accordance with industry custom and practice.” Source....

Edit

First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.121 Per Share for March

Market Watch 20 Feb 2019

The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of current income ... First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients....

Edit

Michael Hiltzik: Feds say the O.C. Register's ghoulish purchase of life insurance on its employees ...

Lebanon Express 20 Feb 2019

In a lawsuit filed on Valentine's Day, the PBGC says the stunt was incompetently arranged, and a violation of the company's fiduciary duties to its own workers. Counting the money invested and the inflated fees the company paid to the pension "expert" who pitched the arrangement, the government says, the company lost $9.4 million on the scheme....

Edit

Michael Hiltzik: Feds say the O.C. Register’s ghoulish purchase of life insurance on its employees ...

The Bryan Eagle 20 Feb 2019

In a lawsuit filed on Valentine’s Day, the PBGC says the stunt was incompetently arranged, and a violation of the company’s fiduciary duties to its own workers. Counting the money invested and the inflated fees the company paid to the pension “expert” who pitched the arrangement, the government says, the company lost $9.4 million on the scheme....

Edit

First Trust Senior Floating Rate 2022 Target Term Fund Decreases its Monthly Common Share Distribution to $0.0353 Per Share for March

Market Watch 20 Feb 2019

Edit

Nuveen Closes $10 Million Impact Investment in Revolution Foods

Market Watch 20 Feb 2019

The strategy has allocated more than $850 million in impact investments since 2012 ... An overview of Nuveen’s approach is detailed in Impact Investing ... This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity....

Edit

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Market Watch 20 Feb 2019

FTA is a federally registered investment advisor and serves as the Funds' investment advisor ... A Fund may invest in U.S ... First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients....