The first 2022 senior variable rate target term fund (FIV) gains 0.10% for October 22

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Today, First Trust Senior Floating Rate 2022 Target Term Fund Inc (NYSE: FIV) stock gained $ 0.01, an increase of 0.10%. The first 2022 primary floating rate target term fund opened at $ 9.67 before trading between $ 9.70 and $ 9.67 throughout Friday’s trading session. The activity saw the market capitalization of the First Senior Floating Rate 2022 Target Term Fund rise to $ 347,207,894 on 86,415 stocks, above their 30-day average of 72,058.

About the First Trust 2022 Primary Floating Rate Target Term Fund

First Trust Senior Floating Rate 2022 Target Term Fund (the “Fund”) is a diversified closed-end investment company. The investment objectives of the Fund are to seek a high level of current income and to earn $ 9.85 per common share of beneficial interest in the Fund (the initial net asset value (“NAV”) per common share before deduction of expenses. offer of $ 0.02 per common share Share) to holders of common shares on or about February 1, 2022. The Fund, under normal market conditions, pursues its objectives by investing primarily at least 80% of its assets under management in a portfolio of senior guaranteed variable rate loans with maturity. “Assets Under Management” means the total value of the Fund’s assets less the sum of its liabilities, except the principal amount of borrowings.

See the First Trust Senior Floating Rate 2022 Target Term Fund profile for more information.

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value with more than $ 26 trillion. It is also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

For more information on First Trust Senior Floating Rate 2022 Target Term Fund and to keep up with the latest company updates, you can visit the company profile page here: First Trust Senior Floating Rate 2022 Target Term Fund’s Profile . For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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