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Article: American Stock Exchange Lists First Trust/Four Corners Senior Floating Rate Income Closed-End Fund; A New Closed-End Fund Investing in a Diversified Portfolio of Floating Rate Senior Loans.
- Article from:
- PR Newswire
- Article date:
- September 26, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Sept. 26 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)), First Trust Advisors L.P., and Four Corners Capital Management, LLC today announced the trading of common shares in a new closed-end fund, the First Trust/Four Corners Senior Floating Rate Income Fund (SYMBOL: FCM). The First Trust/Four Corners Senior Floating Rate Income Fund provides investors with the opportunity to purchase a managed product that seeks a high level of current income, while attempting to preserve capital as a secondary objective, through investing in senior secured floating rate corporate loans.
"The American Stock Exchange is extremely pleased to list First Trust ...