Richard Erickson - First Trust Independent Trustee
| FCT Etf | USD 10.45 0.05 0.48% |
Dr. Richard E. Erickson, M.D., serves as an Independent Trustee of First Trust Senior Floating Rate Income Fund II. He is an orthopedic surgeon and President of Wheaton Orthopedics. He also was a coowner and director of a fitness center and a limited partner of two real estate companies. Dr. Erickson has served as a Trustee of the Fund since its inception and of the First Trust Funds since 1999. Dr. Erickson has also served as the Lead Independent Trustee, Chairman of the Nominating and Governance Committee, Chairman of the Valuation Committee and Chairman of the Audit Committee of the First Trust Funds. He currently serves as Chairman of the Nominating and Governance Committee of the First Trust Funds.
| Age | 69 |
| Tenure | 5 years |
| Professional Marks | Ph.D |
| Phone | (61) 02 9409 7000 |
| Web | www.firstwavecloud.com |
Richard Erickson Latest Insider Activity
Tracking and analyzing the buying and selling activities of Richard Erickson against First Trust etf is an integral part of due diligence when investing in First Trust. Richard Erickson insider activity provides valuable insight into whether First Trust is net buyers or sellers over its current business cycle. Note, First Trust insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Trust'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Richard Erickson over a month ago Acquisition by Richard Erickson of 232 shares of FAM at 16.77 subject to Rule 16b-3 | ||
Richard Erickson over six months ago Acquisition by Richard Erickson of 100 shares of First Trust at 19.59 subject to Rule 16b-3 |
First Trust Management Efficiency
The company has Return on Asset of 2.2 % which means that on every $100 spent on assets, it made $2.2 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (3.56) %, meaning that it generated no profit with money invested by stockholders. First Trust's management efficiency ratios could be used to measure how well First Trust manages its routine affairs as well as how well it operates its assets and liabilities.Similar Fund Executives
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Management Performance
| Return On Equity | -3.56 | ||||
| Return On Asset | 2.2 |
First Trust Senior Money Managers
| James Bowen, Chairman of the Board of Trustees | ||
| Richard Erickson, Independent Trustee | ||
| Niel Nielson, Lead Independent Trustee | ||
| Robert Keith, Independent Trustee | ||
| James Dykas, Chief Financial Officer, Chief Accounting Officer, Treasurer | ||
| Denise Keefe, Trustee | ||
| Kristi Maher, Chief Compliance Officer and Assistant Secretary | ||
| Daniel Lindquist, Vice President | ||
| Donald Swade, Chief Financial Officer, Chief Accounting Officer, Treasurer | ||
| Thomas Kadlec, Independent Trustee | ||
| W Jardine, Secretary, Chief Legal Officer |
First Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is First Trust a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -3.56 | ||||
| Return On Asset | 2.2 | ||||
| Profit Margin | (55.20) % | ||||
| Operating Margin | 80.30 % | ||||
| Current Valuation | 367.12 M | ||||
| Shares Outstanding | 25.96 M | ||||
| Shares Owned By Insiders | 13.80 % | ||||
| Shares Owned By Institutions | 80.12 % | ||||
| Number Of Shares Shorted | 47.1 K | ||||
| Price To Earning | 82.76 X |
Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Senior. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of First Trust Senior is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.