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Factoid of the Day
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Friday, October 20, 2017
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Zillow reported that the average renter in the U.S. is now paying a record high 29.1% of their monthly income on rent, according to Forbes. The U.S. Department of Housing and Urban Development states that families that pay more than 30% of their income on housing are considered cost burdened and may have difficulty affording necessities. A recent survey of 1,300 renters by Hunt.com found that 58% of respondents felt "stressed' about their rent. Many respondents said they are not able to save money in the current climate. The U.S. rental vacancy rate stood at 7.3% in Q2'17, down from a 17-year high of 11.1% in Q3'09, according to data from the Census Bureau.
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New ETF - Listing Date: August 23, 2017
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Unit Investment Trusts Upcoming Deposit Information |
Initial Offer Date |
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Click Here
for CUSIP Information.
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Balanced Income Select, 72 |
10/23/2017 |
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Brookmont Equity Dividend, 13 |
10/23/2017 |
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Technology Opportunity, 2 |
10/23/2017 |
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ETF Growth and Income, October 2017 |
10/24/2017 |
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Investment Grade Multi-Asset Income, Intermediate, 24 |
10/24/2017 |
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Senior Loan and Dividend Growers, 16 |
10/24/2017 |
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Capital Strength Buy-Write, 35 |
10/25/2017 |
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Emerging Markets Strength, 38 |
10/25/2017 |
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High Dividend Equity Opportunity, 2 |
10/25/2017 |
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Health Care Opportunity, 2 |
10/26/2017 |
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Richard Bernstein Advisors Quality Income, 27 |
10/26/2017 |
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Municipal Income Select, Closed-End, 90 |
10/27/2017 |
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Strategic Income Advantage Opportunity, Closed-End, 3 |
10/27/2017 |
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Preferred Income Opportunity, 7 |
10/31/2017 |
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Preferred Income, 92 |
10/31/2017 |
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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
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