First Trust Plans Two Dividend ETFs, Pyxis Files For Senior Loan Fund

By: ETFdb
This shortened trading week has shaped out to be fairly kind to equity markets as major indexes on Wall Street have settled into green territory. Despite the positive price action, economic data releases remain mixed on the homefront; ISM data came in weaker than expected on Monday morning, while positive factory orders and better-than-expected motor vehicle sales stole the headlines on Tuesday. Activity on the product development was fairly quiet, with ProShares debuting the much anticipated Short Euro (EUFX), and First Trust and Pyxis both gearing up to add to their own product lineups [see also How To Trade Natural Gas Futures: UNG And Beyond]. Income Comes First First Trust, the issuer behind the AlphaDEX family of funds, is planning to roll out a pair of income-focused ETFs [see SEC Filing]: First Trust Multi-Asset Diversified Income Index Fund: This ETF will be linked to the NASDAQ Multi-Asset Diversified Income Index, which is comprised of common [...] Click here to read the original article on ETFdb.com. Related Posts: At Long Last: An ETF To Bet Against The Euro June 2012 ETF Roundup: Launches, Filings, And Closures
This shortened trading week has shaped out to be fairly kind to equity markets as major indexes on Wall Street have settled into green territory. Despite the positive price action, economic data releases remain mixed on the homefront; ISM data came in weaker than expected on Monday morning, while positive factory orders and better-than-expected motor vehicle sales stole the headlines on Tuesday. Activity on the product development was fairly quiet, with ProShares debuting the much anticipated Short Euro (EUFX), and First Trust and Pyxis both gearing up to add to their own product lineups [see also How To Trade Natural Gas Futures: UNG And Beyond]. Income Comes First First Trust, the issuer behind the AlphaDEX family of funds, is planning to roll out a pair of income-focused ETFs [see SEC Filing]: First Trust Multi-Asset Diversified Income Index Fund: This ETF will be linked to the NASDAQ Multi-Asset Diversified Income Index, which is comprised of common [...]

Click here to read the original article on ETFdb.com.

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