Compare · AMP vs FSD
AMP vs FSD
Side-by-side comparison of Ameriprise Financial Inc. (AMP) and First Trust High Income Long Short Fund (FSD): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both AMP and FSD operate in Investment Managers (Finance), so they compete in similar markets.
- AMP is the larger of the two at $47.31B, about 98.3x FSD ($481.3M).
- AMP has hit the wire 14 times in the past 4 weeks while FSD has been quiet.
- AMP has more recent analyst coverage (25 ratings vs 0 for FSD).
Ameriprise Financial Inc.
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.
First Trust High Income Long Short Fund
First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.
Latest AMP
- Experienced Advisor with $160 Million in Assets Joins Ameriprise Financial to Expand Capabilities and Grow Client Impact
- Amendment: SEC Form 13F-HR/A filed by Ameriprise Financial Inc.
- Amendment: SEC Form 13F-HR/A filed by Ameriprise Financial Inc.
- Experienced Advisory Team With $470 Million in Assets Joins Ameriprise Financial for Long-Term Growth and Client-Focused Culture
- Advisor Practice with More Than $270 Million in Assets Joins Ameriprise Financial for Technology, Growth and Succession Planning Support
- Columbia Threadneedle Investments Launches Two New Premium Income ETFs
- SVP AND CONTROLLER Brockman Dawn M. converted options into 26 shares and covered exercise/tax liability with 9 shares, increasing direct ownership by 1% to 1,185 units (SEC Form 4)
- Exec VP of Human Resources Hunter Petruzillo Kelli A. converted options into 207 shares and covered exercise/tax liability with 98 shares, increasing direct ownership by 3% to 4,208 units (SEC Form 4)
- Pres, Wealth Mgmt Advisor Grp Williams William Jerryl converted options into 54 shares and covered exercise/tax liability with 24 shares, increasing direct ownership by 0.17% to 17,273 units (SEC Form 4)
- CEO, GLOBAL ASSET MANAGEMENT Truscott William F covered exercise/tax liability with 181 shares and converted options into 392 shares (SEC Form 4) (withholding tax)
Latest FSD
- Amendment: SEC Form SC 13G/A filed by First Trust High Income Long Short Fund
- First Trust High Income Long Short Fund filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- abrdn Income Credit Strategies Fund (ACP) and First Trust High Income Long/short Fund (FSD) Announce Closing of Reorganization
- SEC Form 25-NSE filed by First Trust High Income Long Short Fund
- abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund and Announces Distribution Payment Details
- SEC Form N-CSRS filed by First Trust High Income Long Short Fund
- First Trust Announces Timing of Reorganization of First Trust High Income Long/Short Fund with and into abrdn Income Credit Strategies Fund
- SEC Form NPORT-P filed by First Trust High Income Long Short Fund
- First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for July
- abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund