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    First Trust Dynamic Europe Equity Income Fund (FDEU)

    Price:

    12.59 USD

    ( + 0.04 USD)

    Your position:

    0 USD

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    ABOUT
    Symbol
    FDEU
    Name
    First Trust Dynamic Europe Equity Income Fund
    Industry
    Asset Management - Income
    Sector
    Financial Services
    Price
    12.590
    Market Cap
    216.950M
    Enterprise value
    264.424M
    Currency
    USD
    Ceo
    Ben Lofthouse
    Full Time Employees
    Ipo Date
    2015-09-25
    City
    London
    Address
    201 Bishopsgate

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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    Nuveen Preferred Securities Income Fund

    VALUE SCORE:

    0

    Symbol
    JPS
    Market Cap
    1.277B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    2nd position

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV-PK
    Market Cap
    2.585B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    The best

    Advent Convertible and Income Fund

    VALUE SCORE:

    14

    Symbol
    AVK
    Market Cap
    435.536M
    Industry
    Asset Management - Income
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    -8.123
    P/S
    -8.317
    P/B
    0.975
    Debt/Equity
    0.330
    EV/FCF
    22.982
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    -11.023
    Earnings yield
    -0.123
    Debt/assets
    0.246
    FUNDAMENTALS
    Net debt/ebidta
    -2.828
    Interest coverage
    -17.565
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    -0.090
    Debt to market cap
    0.337
    Piotroski Score
    3.000
    FUNDAMENTALS
    PEG
    -0.081
    P/CF
    17.289
    P/FCF
    17.339
    RoA %
    -8.963
    RoIC %
    -8.771
    Gross Profit Margin %
    100.000
    Quick Ratio
    10.200
    Current Ratio
    10.200
    Net Profit Margin %
    102.095
    Net-Net
    -4.098
    FUNDAMENTALS PER SHARE
    FCF per share
    0.728
    Revenue per share
    -1.518
    Net income per share
    -1.550
    Operating cash flow per share
    0.728
    Free cash flow per share
    0.728
    Cash per share
    0.148
    Book value per share
    12.911
    Tangible book value per share
    12.911
    Shareholders equity per share
    12.911
    Interest debt per share
    4.340
    TECHNICAL
    52 weeks high
    13.750
    52 weeks low
    11.110
    Current trading session High
    12.610
    Current trading session Low
    12.491
    DIVIDEND
    Dividend yield
    6.06%
    Payout ratio
    -46.6%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0.762
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.1255249%
    Payout Ratio
    63.70046000000001%
    P/E
    6.435

    No data to display

    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.12626182%
    Payout Ratio
    61.80858%
    P/E
    6.185

    No data to display

    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.025417525%
    Payout Ratio
    78.874123%
    P/E
    13.614

    No data to display

    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0%
    Payout Ratio
    40.890992%
    P/E
    6.815

    No data to display

    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.020734282%
    Payout Ratio
    -1429.0826%
    P/E
    -204.911

    No data to display

    DESCRIPTION

    First Trust Dynamic Europe Equity Income Fund is a close ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Henderson Global Investors (North America) Inc. and Henderson Investment Management Limited. It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in equity securities of European companies of any market capitalization. First Trust Dynamic Europe Equity Income Fund was formed on September 25, 2015 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/first-trust-raymond-james-launch-multicap-growth-equity-etf-20240118.jpg
    First Trust, Raymond James Launch Multicap Growth Equity ETF

    etftrends.com

    2024-01-18 11:35:44

    First Trust Advisors has launched an actively managed ETF that seeks to provide long-term capital appreciation. The FT Raymond James Multicap Growth Equity ETF (NYSE Arca: RJMG) invests in U.S.-listed equities that exhibit growth characteristics.

    https://images.financialmodelingprep.com/news/first-trust-announces-completion-of-first-trust-dynamic-europe-20231121.jpg
    First Trust Announces Completion of First Trust Dynamic Europe Equity Income Fund's Reorganization into First Trust Active Global Quality Income ETF

    businesswire.com

    2023-11-21 09:20:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the reorganization of First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU), a closed-end management investment company managed by FTA and sub-advised by Janus Henderson Investors US LLC (“Janus Henderson Investors”), into First Trust Active Global Quality Income ETF (NYSE Arca: AGQI), an actively managed exchange-traded fund (“ETF”) managed by FTA and sub-advised by Janus Henderson Investors, was comple.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-issues-notice-regarding-20231115.jpg
    First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding November 2023 Distribution

    businesswire.com

    2023-11-15 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on N.

    https://images.financialmodelingprep.com/news/special-opportunities-fund-dismisses-lawsuit-against-first-trust-dynamic-20231024.jpg
    Special Opportunities Fund Dismisses Lawsuit Against First Trust Dynamic Europe Equity Income Fund After Stockholder Approval of Open-Ending Transaction But Condemns Seating of Incumbent Directors Without Quorum

    businesswire.com

    2023-10-24 09:36:00

    SADDLE BROOK, N.J.--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has dismissed its lawsuit against the board of directors of First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU) following (1) stockholder approval of a transaction to substantially eliminate the trading discount in FDEU's shares; and (2) rescission by the board of the control-share bylaw of FDEU and thirteen other closed-end funds managed by First Trust, which violated the Investment.

    https://images.financialmodelingprep.com/news/correcting-and-replacing-first-trust-announces-shareholder-approval-of-20231023.jpg
    CORRECTING and REPLACING First Trust Announces Shareholder Approval of First Trust Dynamic Europe Equity Income Fund's Reorganization into First Trust Active Global Quality Income ETF

    businesswire.com

    2023-10-23 18:09:00

    WHEATON, Ill.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: FIRST TRUST ANNOUNCES SHAREHOLDER APPROVAL OF FIRST TRUST DYNAMIC EUROPE EQUITY INCOME FUND'S REORGANIZATION INTO FIRST TRUST ACTIVE GLOBAL QUALITY INCOME ETF First Trust Advisors L.P. (“FTA”) announced today that shareholders of First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU), a closed-end management investment company, managed by FTA.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-declares-its-20231023.jpg
    First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for November

    businesswire.com

    2023-10-23 16:15:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023. The ex-dividend date is expected to be November 1, 2023. The monthly distribution information for the Fund appears below. First Trust Dynamic Europe Equity Income Fund (FDEU): Distribution per share: $0.0.

    https://images.financialmodelingprep.com/news/first-trust-announces-shareholder-approval-of-first-trust-dynamic-20231023.jpg
    First Trust Announces Shareholder Approval of First Trust Dynamic Europe Equity Income Fund's Reorganization into First Trust Active Global Quality Income ETF

    businesswire.com

    2023-10-23 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that shareholders of First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU), a closed-end management investment company, managed by FTA and sub-advised by Janus Henderson Investors, have approved the reorganization of FDEU into First Trust Active Global Quality Income ETF (“AGQI”), an actively managed exchange-traded fund (“ETF”) that will be traded on the NYSE Arca and will be managed by FTA and sub-advised b.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-issues-notice-20231016.jpg
    First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding October 2023 Distribution

    businesswire.com

    2023-10-16 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on O.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-declares-its-20230920.jpg
    First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for October

    businesswire.com

    2023-09-20 16:10:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on October 16, 2023, to shareholders of record as of October 3, 2023. The ex-dividend date is expected to be October 2, 2023. The monthly distribution information for the Fund appears below. First Trust Dynamic Europe Equity Income Fund (FDEU): Distribution per share: $0.07 D.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-issues-notice-20230915.jpg
    First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding September 2023 Distribution

    businesswire.com

    2023-09-15 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on S.

    https://images.financialmodelingprep.com/news/fdeu-an-interesting-cef-to-etf-conversion-20230901.jpg
    FDEU: An Interesting CEF To ETF Conversion

    seekingalpha.com

    2023-09-01 18:21:28

    First Trust Dynamic Europe Equity Income Fund (FDEU) is converting from a closed-end fund to an exchange-traded fund. The conversion will eliminate the discount to net asset value and remove the leverage ratio of the fund. The management fee of FDEU will need to be adjusted to be competitive with other ETFs.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-declares-its-20230821.jpg
    First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for September

    businesswire.com

    2023-08-21 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023. The ex-dividend date is expected to be September 1, 2023. The monthly distribution information for the Fund appears below. First Trust Dynamic Europe Equity Income Fund (FDEU): Distribution per share: $.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-issues-notice-20230815.jpg
    First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding August 2023 Distribution

    businesswire.com

    2023-08-15 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on A.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-declares-its-20230720.jpg
    First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for August

    businesswire.com

    2023-07-20 16:10:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on August 15, 2023, to shareholders of record as of August 2, 2023. The ex-dividend date is expected to be August 1, 2023. The monthly distribution information for the Fund appears below. First Trust Dynamic Europe Equity Income Fund (FDEU):     Distribution per share:   $0.0.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-issues-notice-regarding-20230717.jpg
    First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding July 2023 Distribution

    businesswire.com

    2023-07-17 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on J.

    https://images.financialmodelingprep.com/news/first-trust-dynamic-europe-equity-income-fund-declares-its-monthly-20230620.jpg
    First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for July

    businesswire.com

    2023-06-20 16:05:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023. The ex-dividend date is expected to be July 3, 2023. The monthly distribution information for the Fund appears below. First Trust Dynamic Europe Equity Income Fund (FDEU):     Distribution per share:   $0.07 Dist.