First Trust Specialty Finance and Financial Opportunities Fund FGB Open First Trust Specialty Finance and Financial Opportunities Fund in new tab

4.15 USD

P/E

5.12

EPS

0.81

Yield

32.77%

Safety Score

1M 6M YTD 1Y 2Y 5Y Max

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DCF Valuation

Tweak assumptions to recompute fair value for First Trust Specialty Finance and Financial Opportunities Fund (FGB)

Currency: USD

DCF Assumptions

Revenue growth (YoY) 0.10 Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).

EBITDA margin 0.30 Decimal (e.g., 0.30 = 30%).

Capex (% Revenue) 0.04 Decimal (e.g., 0.04 = 4%).

Tax rate 0.20 Decimal (e.g., 0.20 = 20%).

Terminal growth (g, %) 3% Percent number (e.g., 3 = 3%).

Cost of Equity (%) 10% Percent number (e.g., 10 = 10%).

Cost of Debt (%) 5% Percent number (e.g., 5 = 5%).

DCF Result

Fair Value (DCF)

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Current Price

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Upside

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WACC

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Terminal PV

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Σ PV of FCFs

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Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

First Trust Specialty Finance and Financial Opportunities Fund Analysis (FGB)

United States Financials Official Website Stock

Is First Trust Specialty Finance and Financial Opportunities Fund a good investment? First Trust Specialty Finance and Financial Opportunities Fund (FGB) is currently trading at 4.15 USD.

In terms of valuation, the stock trades at a P/E ratio of 5.12. This relatively low multiple may signal that First Trust Specialty Finance and Financial Opportunities Fund is undervalued compared to historical market norms.

For income investors, First Trust Specialty Finance and Financial Opportunities Fund pays a dividend yield of 32.77%. With a payout ratio of 44%, the dividend appears sustainable.

Investor FAQ

Does First Trust Specialty Finance and Financial Opportunities Fund pay a dividend?

Yes, it pays an annual dividend of 1.36 USD (32.77% yield).

What asset class is First Trust Specialty Finance and Financial Opportunities Fund?

First Trust Specialty Finance and Financial Opportunities Fund is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

Company Profile

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% Wells Fargo BDC Index, 20% FTSE NAREIT Mortgage REIT Index, and 10% S&P SmallCap Financials Index. It was formerly known as First Trust/Gallatin 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.

Exchange Ticker

NYQ (United States) FGB

Dividend Yield

32.77% (5y avg: 10.45%)

Annual Dividends

1.36 USD

Next ex. div date

Feb. 20, 2026

Payout Ratio

43.98%

Historical Dividends

Year	Total Dividends
2027	0.33 USD
Feb. 26, 2027 (estimated)	0.1580
Jan. 29, 2027 (estimated)	0.1750
2026	1.20 USD
Dec. 1, 2026 (estimated)	0.1843
Oct. 30, 2026 (estimated)	0.1750
Sept. 30, 2026 (estimated)	0.1750
Aug. 31, 2026 (estimated)	0.1843
July 31, 2026 (estimated)	0.0350
May 29, 2026 (estimated)	0.0956
Feb. 27, 2026	0.1750
Jan. 30, 2026	0.1750
2025	1.11 USD
Dec. 31, 2025	0.1750
Dec. 1, 2025	0.1750
Oct. 31, 2025	0.1750
Sept. 30, 2025	0.1750
Aug. 29, 2025	0.1750
July 31, 2025	0.0350
May 30, 2025	0.1000
Feb. 28, 2025	0.1000
2024	0.38 USD
Dec. 2, 2024	0.1000
Aug. 30, 2024	0.1000
May 31, 2024	0.1000
Feb. 29, 2024	0.0825
2023	0.33 USD
Dec. 1, 2023	0.0825
Aug. 31, 2023	0.0825
May 31, 2023	0.0825
Feb. 28, 2023	0.0825
2022	0.33 USD
Dec. 1, 2022	0.0825
Aug. 31, 2022	0.0825
May 31, 2022	0.0825
Feb. 28, 2022	0.0825
2021	0.33 USD
Dec. 1, 2021	0.0825
Aug. 31, 2021	0.0825
May 28, 2021	0.0825
Feb. 26, 2021	0.0825
2020	0.44 USD
Dec. 1, 2020	0.0825
Aug. 31, 2020	0.0825
May 29, 2020	0.1350
Feb. 28, 2020	0.1350
2019	0.66 USD
Nov. 29, 2019	0.1350
Aug. 30, 2019	0.1750
May 31, 2019	0.1750
Feb. 28, 2019	0.1750
2018	0.70 USD
Dec. 3, 2018	0.1750
Aug. 31, 2018	0.1750
May 31, 2018	0.1750
Feb. 28, 2018	0.1750
2017	0.70 USD
Dec. 1, 2017	0.1750
Aug. 31, 2017	0.1750
May 31, 2017	0.1750
Feb. 28, 2017	0.1750
2016	0.70 USD
Dec. 1, 2016	0.1750
Aug. 31, 2016	0.1750
May 31, 2016	0.1750
Feb. 29, 2016	0.1750
2015	0.70 USD
Dec. 1, 2015	0.1750
Aug. 31, 2015	0.1750
May 29, 2015	0.1725
Feb. 27, 2015	0.1725
2014	0.69 USD
Dec. 1, 2014	0.1730
Aug. 29, 2014	0.1730
May 30, 2014	0.1700
Feb. 28, 2014	0.1700
2013	0.67 USD
Dec. 2, 2013	0.1700
Aug. 30, 2013	0.1700
May 31, 2013	0.1650
Feb. 28, 2013	0.1650
2012	0.65 USD
Dec. 3, 2012	0.1650
Aug. 31, 2012	0.1650
May 31, 2012	0.1600
Feb. 29, 2012	0.1600
2011	0.63 USD
Dec. 1, 2011	0.1600
Aug. 31, 2011	0.1600
May 31, 2011	0.1550
Feb. 28, 2011	0.1550
2010	0.61 USD
Dec. 1, 2010	0.1550
Aug. 31, 2010	0.1550
May 28, 2010	0.1500
Feb. 26, 2010	0.1450
2009	0.61 USD
Dec. 1, 2009	0.1400
Aug. 31, 2009	0.1400
May 29, 2009	0.1400
Feb. 27, 2009	0.1850
2008	1.36 USD
Dec. 1, 2008	0.2500
Aug. 29, 2008	0.3700
May 30, 2008	0.3700
Feb. 29, 2008	0.3700
2007	0.71 USD
Dec. 3, 2007	0.3600
Aug. 31, 2007	0.3500

Yearly aggregated dividends

Dividends

First Trust Specialty Finance and Financial Opportunities Fund
Feb 27, 2026 Paid

Dividend
0.175 USD

First Trust Specialty Finance and Financial Opportunities Fund
Jan 30, 2026 Paid

Dividend
0.175 USD

First Trust Specialty Finance and Financial Opportunities Fund
Dec 31, 2025 Paid

Dividend
0.175 USD

First Trust Specialty Finance and Financial Opportunities Fund
Dec 01, 2025 Paid

Dividend
0.175 USD

First Trust Specialty Finance and Financial Opportunities Fund
Oct 31, 2025 Paid

Dividend
0.175 USD

First Trust Specialty Finance and Financial Opportunities Fund
Sep 30, 2025 Paid

Dividend
0.175 USD

First Trust Specialty Finance and Financial Opportunities Fund
Aug 29, 2025 Paid

Dividend
0.175 USD

First Trust Specialty Finance and Financial Opportunities Fund
Jul 31, 2025 Paid

Dividend
0.035 USD

First Trust Specialty Finance and Financial Opportunities Fund
May 30, 2025 Paid

Dividend
0.1 USD

Historical Split Corporate Actions

No corporate actions available.

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First Trust Specialty Finance and Financial Opportunities Fund FGB Open First Trust Specialty Finance and Financial Opportunities Fund in new tab

Key Metrics

Dividend

DCF Valuation

DCF Assumptions

DCF Result

Explore Premium Features

First Trust Specialty Finance and Financial Opportunities Fund Analysis (FGB)

Investor FAQ

Company Profile

Dividend Yield

Annual Dividends

Next ex. div date

Payout Ratio

Historical Dividends

Dividends

Historical Split Corporate Actions

Explore Premium Features

Under Construction

Community Discussion

First Trust Specialty Finance and Financial Opportunities Fund FGB Open First Trust Specialty Finance and Financial Opportunities Fund in new tab

Key Metrics

Dividend

DCF Valuation

DCF Assumptions

DCF Result

Explore Premium Features

First Trust Specialty Finance and Financial Opportunities Fund Analysis (FGB)

Investor FAQ

Company Profile

Dividend Yield

Annual Dividends

Next ex. div date

Payout Ratio

Historical Dividends

Dividends

Historical Split Corporate Actions

Explore Premium Features

Under Construction

Community Discussion

Notifications