First Trust Financials
| FGB Fund | USD 4.28 0.04 0.94% |
First |
Please note that past performance is not an indicator of the future performance of First Trust, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future.
First Trust Fund Summary
First Trust competes with MFS High, MFS High, Blackrock Muniholdings, MFS Government, and Pioneer Municipal. 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 percent Wells Fargo BDC Index, 20 percent FTSE NAREIT Mortgage REIT Index, and 10 percent SP SmallCap Financials Index. It was formerly known as First TrustGallatin Specialty Finance and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund was formed on March 20, 2007 and domiciled in the United States.Specialization | null, Financial |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US33733G1094 |
| CUSIP | 33733G109 |
| Location | Illinois; U.S.A |
| Business Address | 120 East Liberty |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | www.ftportfolios.com/retail/cef/cefsummary.aspx?ticker=fgb |
| Phone | 630 765 8000 |
| Currency | USD - US Dollar |
First Trust Key Financial Ratios
First Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.First Trust Specialty is one of the top funds in price to earning among similar funds. It is rated # 3 fund in beta among similar funds totaling about 0.02 of Beta per Price To Earning. The ratio of Price To Earning to Beta for First Trust Specialty is roughly 48.48 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Trust's earnings, one of the primary drivers of an investment's value.First Trust Specialty Systematic Risk
First Trust's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Trust volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on First Trust Specialty correlated with the market. If Beta is less than 0 First Trust generally moves in the opposite direction as compared to the market. If First Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Trust Specialty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Trust is generally in the same direction as the market. If Beta > 1 First Trust moves generally in the same direction as, but more than the movement of the benchmark.
First Trust November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of First Trust help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Trust Specialty. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Trust Specialty based on widely used predictive technical indicators. In general, we focus on analyzing First Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Trust's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.0479 | |||
| Maximum Drawdown | 9.47 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.59 |
Other Information on Investing in First Fund
First Trust financial ratios help investors to determine whether First Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust security.
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