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Factoid of the Day
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Tuesday, August 14, 2018
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A new report from the Urban Institute states that more than 1 million people default on their student loans each year, according to CNBC. After default, a student loan borrower will see their balance increase by around 10% and their credit score drop by about 60 points, to an average of around 550, which is considered "very poor" by Experian. Nearly 40% of borrowers are expected to default on their student loans by 2023. Outstanding education debt in the U.S. has tripled over the past decade to more than $1.5 trillion.
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New ETF – Listing Date: July 26, 2018
First Trust Lunt U.S. Factor Rotation ETF (FCTR)
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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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Global Dividend, 56 |
8/15/2018 |
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SMid High Dividend, 31 |
8/15/2018 |
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Equity Income, 61 |
8/16/2018 |
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Balanced Income, 63 |
8/17/2018 |
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Sabrient Rising Rate, 9 |
8/17/2018 |
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SMid Biotechnology, 3 |
8/17/2018 |
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Financials Select, 65 |
8/20/2018 |
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Sabrient Baker's Dozen, August 2018 |
8/20/2018 |
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Utilities Select, 48 |
8/20/2018 |
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Tax Exempt Municipal Income, 303 |
8/21/2018 |
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Health Care Select, 51 |
8/22/2018 |
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Senior Loan Select Closed-End, 33 |
8/22/2018 |
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Technology Dividend Opportunity, 1 |
8/22/2018 |
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Technology Dividend, 27 |
8/22/2018 |
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Investment Grade Multi-Asset Income, 10-20 Year, 38 |
8/23/2018 |
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New York Municipal Income Select Closed-End, 49 |
8/24/2018 |
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Dividend & Income Select Closed-End, 69 |
8/27/2018 |
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Municipal Income Select, Closed-End, 97 |
8/27/2018 |
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Alternative Income, 29 |
8/28/2018 |
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Core Holdings Growth, Fall 2018 |
8/28/2018 |
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Tactical Income Opportunity, 6 |
8/28/2018 |
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Strategic Income Closed-End, 68 |
8/29/2018 |
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Limited Duration Fixed Income ETF, 26 |
8/30/2018 |
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Municipal Income and Dividend Growers, 15 |
8/30/2018 |
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Capital Strength Opportunity, 6 |
8/31/2018 |
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Sabrient Defensive Equity, 17 |
8/31/2018 |
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Balanced Income Equity and ETF, 33 |
9/6/2018 |
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Target Dividend Double Play, 1 |
9/7/2018 |
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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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