FCT offers a high 11.6% yield and monthly distributions, appealing to income investors, but with notable sustainability concerns in a falling rate environment. The fund's discount to NAV is near ...
The latest inflation report may hinder the possibility of the Fed cutting rates in June, prompting income investors to hold on to floating rate income vehicles. The First Trust Senior Floating Rate ...
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has told the Federal High Court in Abuja that the increasing rate of scavengers, beggars and homeless people in FCT is posing serious ...
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