First Trust Financials

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.

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

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.

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.