Industry description
The investment seeks to provide current income with a secondary emphasis on total return.
The fund seeks to achieve its investment objectives by investing in a portfolio of closed-end investment companies ("closed-end funds") and exchange-traded funds ("ETFs") that are listed and traded in the United States on registered exchanges. In selecting the closed-end funds and ETFs for the fund’s portfolio, the fund's investment advisor utilizes a range of investment approaches.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Income Opportunity ETF ETF was -1%. For the same ETF, the average monthly price growth was -3%, and the average quarterly price growth was 5%. VRIG experienced the highest price growth at 0%, while VRIG experienced the biggest fall at 0%.
Volume
The average weekly volume growth across all stocks in the First Trust Income Opportunity ETF ETF was -40%. For the same stocks of the ETF, the average monthly volume growth was -31% and the average quarterly volume growth was -50%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 35
P/E Growth Rating: 53
Price Growth Rating: 49
SMR Rating: 48
Profit Risk Rating: 56
Seasonality Score: -46 (-100 ... +100)