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First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) FCF Yield % : 13.82 (As of Apr. 28, 2024)


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What is First Trust Specialty Fnc & Fncl Oppor FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, First Trust Specialty Fnc & Fncl Oppor's Trailing 12-Month Free Cash Flow is $7.36 Mil, and Market Cap is $53.23 Mil. Therefore, First Trust Specialty Fnc & Fncl Oppor's FCF Yield % for today is 13.82%.

The historical rank and industry rank for First Trust Specialty Fnc & Fncl Oppor's FCF Yield % or its related term are showing as below:

FGB' s FCF Yield % Range Over the Past 10 Years
Min: 4.47   Med: 11.19   Max: 55.04
Current: 13.82


During the past 7 years, the highest FCF Yield % of First Trust Specialty Fnc & Fncl Oppor was 55.04%. The lowest was 4.47%. And the median was 11.19%.

FGB's FCF Yield % is ranked better than
81.9% of 1597 companies
in the Asset Management industry
Industry Median: 3.12 vs FGB: 13.82

First Trust Specialty Fnc & Fncl Oppor's FCF Margin % for the quarter that ended in Nov. 2023 was 39.50%.


First Trust Specialty Fnc & Fncl Oppor FCF Yield % Historical Data

The historical data trend for First Trust Specialty Fnc & Fncl Oppor's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust Specialty Fnc & Fncl Oppor FCF Yield % Chart

First Trust Specialty Fnc & Fncl Oppor Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
FCF Yield %
Get a 7-Day Free Trial 11.06 52.49 4.68 9.05 15.29

First Trust Specialty Fnc & Fncl Oppor Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.64 10.43 7.39 18.64 14.15

Competitive Comparison of First Trust Specialty Fnc & Fncl Oppor's FCF Yield %

For the Asset Management subindustry, First Trust Specialty Fnc & Fncl Oppor's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust Specialty Fnc & Fncl Oppor's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Specialty Fnc & Fncl Oppor's FCF Yield % distribution charts can be found below:

* The bar in red indicates where First Trust Specialty Fnc & Fncl Oppor's FCF Yield % falls into.



First Trust Specialty Fnc & Fncl Oppor FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

First Trust Specialty Fnc & Fncl Oppor's FCF Yield % for the fiscal year that ended in Nov. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=7.357 / 48.13146
=15.29%

First Trust Specialty Fnc & Fncl Oppor's annualized FCF Yield % for the quarter that ended in Nov. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=3.406 * 2 / 48.13146
=14.15%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Specialty Fnc & Fncl Oppor FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


First Trust Specialty Fnc & Fncl Oppor FCF Yield % Related Terms

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First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Specialty Fnc & Fncl Oppor is a United States-based closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. It seeks a positive total return as a secondary objective. The Fund seeks to achieve its investment objectives by investing at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Steven Patrick Farmer other: Officer-Invest. Sub-Advisor 50 S. LASALLE STREET, CHICAGO IL 60603
Anne Kochevar other: Officer - Invest. Sub-Advisor
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Joseph J Hanzlik other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Patricia A Dahl other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Confluence Investment Management Llc other: Investment Sub-Adviser 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119

First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Headlines

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