First Trust Specialty Finance & Financial Opportunities Fund
FIRST TRUST SPECIALTY FINANCE & FINANCIAL OPPORTUNITIES FUND is a company, not a closed-end fund. We still track it - notices about it are below - but most of this site is about funds.
Is anyone targeting this fund?
Yes - one large investor holds a stake, but it has not asked for changes.
- Sit Investment owns 7% as a passive investor. On file since Jan 3, 2025.
What this means for you
One or more large investors own more than 5% of this company but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.
Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.
What happened, and when
-
Jan 3, 2025
Sit Investment now owns 7%, as a passive investor.
Original document → -
Oct 15, 2024
Saba sold down below 5% and stopped reporting.
Original document → -
Oct 1, 2024
Saba cut its stake to 5.2% (from 6.6%). It has said it may push for changes.
Original document → -
Sept 23, 2024
Saba cut its stake to 6.6% (from 7.6%). It has said it may push for changes.
Original document → -
May 14, 2024
Saba raised its stake to 7.6% (from 5.2%). It has said it may push for changes.
Original document →
Show all 6 events
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April 29, 2024
Saba now owns 5.2%. It has said it may push for changes.
Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Jan 3, 2025 | Sit Investment | 7% | Passive investor |
| Oct 15, 2024 | Saba | 4.9% | Sold down below 5% |
| Oct 1, 2024 | Saba | 5.2% | Updated notice |
| Sept 23, 2024 | Saba | 6.6% | Updated notice |
| May 14, 2024 | Saba | 7.6% | Updated notice |
| April 29, 2024 | Saba | 5.2% | May push for changes |
No announcements from the fund on file.
- Run by
- not filed yet
- Fund family
- not filed yet
- Exchange
- not listed
Email me when something new is filed for First Trust Specialty Finance & Financial Opportunities Fund
Free. One email per notice or announcement, usually within a day. No password.