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First Trust Energy Income & Growth Fund's credit losses provision for the six months ended in Nov. 2015 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Nov. 2015 was $0.00 Mil.
For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Energy Income & Growth Fund Credit Losses Provision for the trailing twelve months (TTM) ended in Nov. 2015 was $0.00 Mil.
First Trust Energy Income & Growth Fund Annual Data
First Trust Energy Income & Growth Fund Semi-Annual Data