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First Trust Specialty Finance and Financial Opportunities Fund ( (FGB) ) has shared an announcement.
The reorganization of First Trust Specialty Finance and Financial Opportunities Fund into FT Confluence BDC & Specialty Finance Income ETF was completed before the NYSE opened on June 30, 2025. This transition marks a strategic shift from a closed-end fund to an actively managed ETF, potentially impacting the company’s market positioning and offering new opportunities for stakeholders.
More about First Trust Specialty Finance and Financial Opportunities Fund
First Trust Specialty Finance and Financial Opportunities Fund is a closed-end management investment company managed by First Trust Advisors L.P. and sub-advised by Confluence Investment Management LLC. The company operates within the financial sector, focusing on specialty finance and financial opportunities.
Average Trading Volume: 37,664
Learn more about FGB stock on TipRanks’ Stock Analysis page.