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Market insights: Midterm elections snapshot

  • Nov 06, 2018

Our Director of Multi-Asset Portfolio Management, James Macey, CFA, CAIA, provides an Election Day look at the potential fall-out from the 2018 midterms.

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Multi-asset observations: The S&P 500 Index may not be the right benchmark for an investor

  • Nov 01, 2018

Unhappy investors & their expectations: Time to question using the S&P 500 as a portfolio benchmark from James Macey, Director of Multi-Asset Portfolio Management.

 

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Market Insights: Optimism versus inertia

  • Sep 24, 2018

Clark Wagner, CIO, thinks now is an opportune moment for investors to revisit their portfolio allocations.

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Investment Perspectives: Clarity in an often misunderstood world

  • Sep 01, 2018

Pat Tucci, CFA, Portfolio Manager, thinks that choosing between income-focused and total return approaches in the municipal fund world is based entirely on the investor’s needs and preferences. Read his complete thoughts here.

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Investment Perspectives: Why consider shorter duration in a rising rate world?

  • Aug 31, 2018

Rod Chadehumbe, Portfolio Manager, shares his thoughts on financial markets and the First Investors Limited Duration Bond Fund. 

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Market Insights: Don't fear the FAANGs

  • Aug 22, 2018

Our CIO, Clark Wagner, looks at FAANGs and considers a market with narrow leadership.

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Market Pulse: Recent Supreme Court rulings and their impact on state governments

  • Jul 01, 2018

Elza Carter, Senior Municipal Analyst, provides an update on three recent Supreme Court decisions in our inaugural Market pulse, a series in which our investment professionals provide quick observations on financial and non-financial events of note.

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Investment Perspectives: Concerned about rising rates and maintaining your income?

  • Jul 01, 2018

Where can investors look for an option that mitigates the impact of volatility while providing income? Learn from Wiley Angell, Senior Portfolio Manager, about our latest fund offering - First Investors Premium Income Fund.

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2018 Midyear Outlook: Shifting sands

  • Jul 01, 2018

The market’s complexion has changed but our CIO, Clark Wagner, and our investment heads think that certain sectors may yet outperform in the second half of 2018.

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Market Insights: Is there a new sweet spot in fixed income?

  • May 01, 2018

Our CIO, Clark Wagner, suggests the short end of the yield curve may offer investors an opportunity.

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Market Insights: When will the equity cycle end?

  • Apr 01, 2018

Is there still life in the U.S. stock market? Our CIO, Clark Wagner, gives his assessment of the patient.

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Investment Perspectives: Keep calm and stay in Munis

  • Apr 01, 2018

Patrick Tucci, CFA, Portfolio Manager, explains the municipal ratio and why equilibrium may be still missing from the municipal market.

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Market Insights: A market in transition

  • Mar 01, 2018

What's happening with the economy? Our CIO, Clark Wagner, provides an economic scorecard with positives and negatives for investors to consider.

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Investment Perspectives: Why consider short duration in a rising rate world?

  • Mar 01, 2018

Rajeev Sharma, Director of Fixed Income, shares his thoughts on financial markets and the First Investors Limited Duration Bond Fund.

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Investment Perspectives: An interview with Steven Hill

  • Mar 02, 2018

A conversation with Steven Hill, Portfolio Manager for the First Investors Special Situations Fund, on his investment process and outlook for the year.

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Investment Perspectives: Municipals and the new tax legislation

  • Mar 01, 2018

Patrick Tucci, CFA, Co-Portfolio Manager, First Investors Tax Exempt Funds, recaps the recent GOP tax legislation and expectations surrounding supply and demand in the municipal market.

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Market Insights: The end of tranquility

  • Feb 05, 2018

By Clark D. Wagner, President, Foresters Investment Management Company, Inc. and Chief Investment Officer, Foresters Financial

Key highlights: A correction hits the equity market, but we remain positive on long-term prospects due to strong company fundamentals and the economic backdrop.  Interest rates, driven, in part, by the increasing threat of inflation, are rising. Remain calm and stay diversified!

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2018 Outlook: A year of opportunities

  • Dec 18, 2017

A year of opportunitiesOverview

2017 can be characterized as a return of more robust U.S.economic growth. While this expansion has been fairly steady, it has been below growth rates typically experienced after a severe recession. Markets reacted positively to better growth, with the S&P 500 posting a 20.49% gain since the beginning of the year (as of 11/30/2017).
Currently, there are signs of an improving overall economic environment. The U.S. economy is showing stronger GDP readings, the unemployment rate is ticking lower, and labor
participation is improving...

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Market Commentary: Potential impact of tax reform

  • Dec 15, 2017

By: Clark Wagner, President, Foresters Investment Management Company, Inc. and Chief Investment Officer

It’s no secret that being able to enact a new tax law by year-end is a clear priority for President Trump. Congressional leaders have agreed to compromise legislation and the bill is heading towards the floor voting process. At this time, final details remain unsettled, but there are several observations that can be made.

 

 

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Perspectives from our partners: An index isn’t a fiduciary—and six other concerns about the push for passive

  • Nov 10, 2017

A perspective from our partner - subadvisor, Wellington Management. 

“It is difficult to get a man to understand something, when his salary depends upon his not understanding it.” This quote from Upton Sinclair might resonate with proponents of passive investing who find themselves faced with another argument for active management, written by a commentator whose salary is indeed paid for by active management. But mindful of the immense challenges faced by institutional investors today and inspired by my firsthand observation of highly skilled asset managers over more than 20 years, I think it is worth sharing several reasons why I believe active management has a meaningful role to play in investors’ portfolios, even (and perhaps especially) in a world where passive investing may too. I frame this argument through seven concerns that I believe investors must address as they consider how passive and active strategies can help them achieve their investment objectives.

Seven concerns about the push for passive...

 

 

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President Trump announces new Fed Chair

  • Nov 03, 2017

By: Clark Wagner, President, Foresters Investment Management Company, Inc. and Chief Investment Officer

Yesterday, President Trump nominated Jerome Powell to serve as the next Chair of the Federal Reserve, ending an extended period of speculation. His selection represents a break with precedent...

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Connecticut Tax Exempt Fund Update: October 2017

  • Oct 01, 2017

By: Clark Wagner, President, Foresters Investment Management Company, Inc. and Chief Investment Officer, Foresters Financial and Patrick Tucci, co-Portfolio Manager, First Investors Tax Exempt Funds

 

In light of recent budgetary issues affecting the State of Connecticut and the City of Hartford, it is an appropriate time to review how the First Investors state-specific tax exempt funds are managed, specifically the Connecticut Tax Exempt Fund. First Investors state-specific tax exempt funds focus on purchasing high-quality

bonds.1 As of September 30, 2017, the Connecticut Tax Exempt Fund had 59% of its bonds rated AA or higher by the bond rating agencies2 (investment grade is from BBB to AAA) and 26% pre-refunded/escrowed to maturity.3

 

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First Investors Tax Exempt Funds: Impact of Hurricanes Harvey and Irma

  • Sep 20, 2017

By: Clark Wagner, President, Foresters Investment Management Company, Inc. and Chief Investment Officer, Foresters Financial and Patrick Tucci, co-Portfolio Manager, First Investors Tax Exempt Funds

As the entire nation watched, Texas and Florida were recently battered by recordbreaking winds and inundated with floodwaters that stretched for miles inland, the result of back-to-back hurricanes Harvey and Irma. 

Here at Foresters Financial, our thoughts are with all of the residents, families, and communities in the areas affected, whether by power loss, displacement from their homes or jobs, or loss of either. Clients with investments through the First Investors Tax Exempt Funds in these impacted locations, can rest assured that these investments are being monitored carefully now and as the recovery progresses. 

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Market Commentary: Covered Call Investing and its benefits in today’s market environment

  • Apr 15, 2017

Covered Call investing has attracted a great deal of attention from investors searching for lower-volatility equity strategies with an attractive income component. The risk-reducing characteristics of the covered call strategy have produced superior risk-adjusted returns over time relative to a long only approach. This paper begins by discussing why an investor would allocate to a covered call strategy. The second section of the paper describes three different types of covered call strategies:1) Passive Index-based, 2) Active Index-based, and 3) Active Single-stock.

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Fund Perspectives: First Investors Hedged U.S. Equity Opportunities Fund

  • Apr 15, 2017

More and more interviews with top economists and other market experts have centered around how to navigate through recent market volatility during this prolonged period of low interest rates. Many investors are looking for alternatives to traditional or other types of funds that may deliver a better risk-adjusted return over time that protect during down markets. One solution that is picking up momentum is a hedged equity strategy, which combines high active share stock selection with an index option overlay for tail risk mitigation and futures to manage market sensitivity (beta). This solution seeks to provide equity market participation with lower volatility and less severe drawdowns. It also seeks to improve the client experience.

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Morningstar Ratings

  • Oct 31, 2018

Morningstar Ratings

Browse our mutual funds that have five-, four- or three-star overall rating as of October 31, 2018.

Upcoming fund mergers and proxy materials

  • Aug 10, 2018

On August 6, 2018, proxy materials were mailed to First Investors Balanced Income Fund shareholders who were holders of the record on July 10, 2018.

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Sales Charges and Commissions flyer

  • Sep 30, 2018

A comprehensive listing of the latest Sales Charges and Commissions for the First Investor Funds and their respective share classes. As of September 30, 2018. 

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First Investors Funds Realignment

  • May 10, 2018

FIMCO, the investment adviser of First Investors Funds, filed prospectus supplements on May 4, 2018, containing several changes to help streamline and better position our products in the marketplace. These restructurings, most of which require shareholder approval via a formal proxy vote, are meant to enhance FIMCO’s ability to offer tailored solutions to meet the evolving needs of our clients.

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High yield allocations and changes to two fixed income funds

  • Jan 31, 2018

Effective January 31, 2018, Foresters Investment Management Company, Inc., (FIMCO), the investment
adviser of First Investors Funds, is making several changes to help improve the overall competitiveness of our
First Investors Funds. These enhancements include adding high yield allocations to a number of the funds
and several changes to two fixed income funds.

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Class A Equity Breakpoint Update

  • Jan 08, 2018

Effective January 8, 2018, the breakpoint schedule for all First Investors Equity Mutual Funds will be modified as reflected in the schedule below. By implementing these price changes, we have reduced costs to certain shareholders purchasing Class A shares while improving the market competitiveness of our products.

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First Investors Funds 2017 Year-End Distributions Table

  • Dec 28, 2017

2017 Capital Gains Distributions 

Below is the First Investors Funds Year-End Distributions table. The table indicates which funds are expected to pay capital gains distributions to shareholders of record.

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First Investors Covered Call Strategy Fund

Investment Objective: Long-term capital appreciation.

Morningstar Category: Option based

Investment Strategy: The Fund invests in a portfolio of equity securities and writes (sells) call options on those securities.

Fact Sheet

Client brochure

2018 Third Quarter Fund Commentary

Sales Flyer

First Investors Equity Income Fund

Investment Objective & Strategy: The Fund seeks total return.

Morningstar Category: U.S. Fund Large

Fact Sheet

First Investors Fund For Income

Investment Objective & Strategy: The Fund seeks high current income.

Morningstar Category: High Yield

Fact Sheet

2018 Third Quarter Fund Commentary

First Investors Global Fund

Investment Objective & Strategy: The Fund seeks long-term capital growth.

Morningstar Category: World Large Stock

Fact Sheet

2018 Third Quarter Fund Commentary

First Investors Hedged US Equity Opportunities Fund

Investment Objective: Total return, and secondarily, capital preservation. 

Morningstar Category: Option based

Investment Strategy: The Fund will seek to achieve its investment objective by investing in a broadly diversified portfolio of U.S. common stocks of any market capitalization, while also investing in derivatives  to help manage investment risk.

Fact sheet

2018 Third Quarter Fund Commentary

Q & A

Client brochure

Investment Flyer

First Investors International Fund

Investment Objective & Strategy: The Fund primarily seeks long-term capital growth.

Morningstar Category: Foreign Large Growth

Fact Sheet

First Investors Investment Grade Fund

Investment Objective & Strategy: The Fund seeks to generate a maximum level of income consistent with investment in investment grade debt securities.

Morningstar Category: U.S. Fund Corporate Bond

Fact Sheet

First Investors Limited Duration Bond Fund

Investment Objective & Strategy: The Fund seeks current income consistent with low volatility of principal.

Morningstar Category: Short-Term Bond

Fact Sheet

2018 Third Quarter Fund Commentary

Client brochure

Investment Flyer

First Investors Premium Income Fund

Investment Objective: The Fund seeks to generate income

Morningstar Category: Option based

Investment Strategy: The Fund invests in a portfolio of equity securities and writes (sells) call options on those securities. Under normal circumstances, the Fund will write (sell) call options on a majority of its total assets. Typically, all of the call options written (sold) by the Fund are expected to be "in the money" at the time they are written (sold). The Fund's call option writing strategy is designed to generate income and lower the overall risk profile of the Fund's portfolio.

Client brochure

2018 Third Quarter Fund Commentary

Sales Flyer

Fact Sheet

First Investors Special Situations Fund

Investment Objective: Long-term growth of capital.

Morningstar Category: Small Value

Investment Strategy: The Fund invests primarily in common stocks of small-size companies that the Fund’s adviser Foresters Investment Management Company, Inc. believes are undervalued, and generally invests in companies that are experiencing a “special situation” that makes them undervalued relative to their long-term potential. Developments creating special situations may include mergers, spin-offs, litigation resolution, new products or management changes. The Fund may also invest in stocks of mid-size or large companies. The Fund also may invest in exchange-traded funds (ETFs) to gain exposure to stocks.

Fact Sheet

2018 Third Quarter Fund Commentary

Investment Flyer

 

First Investors Tax Exempt Income Fund

Investment Objective & Strategy:  A high level of interest income that is exempt from federal income tax.

Morningstar Category: Muni National Intermediate ★ ★ ★ ★   Overall Morningstar RatingTM 1

Fact Sheet

2018 Third Quarter Fund Commentary

Investment Flyer

© 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

1 Source 9/30/18. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk- Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. First Investors Tax Exempt Income Fund was rated against the following numbers of U.S.-domiciled Muni National Intermediate funds over the following time periods: 260 during prior 3-year period funds in the last three years, 224 during the prior 5-year period funds in the last five years, and 146 during the prior 10-year period funds in the last 10 years. With respect to these Muni National Intermediate funds, First Investors Tax Exempt Income Fund received a Morningstar Rating of 4 stars for 3-year rating stars, 4 stars for 5-year rating stars and 4 stars for 10-year rating stars for the three-, five- and 10-year periods, respectively. Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. Ratings may vary among share classes and are based on past performance. Past performance is no guarantee of future results.

Morningstar Rating is for the A share class only; other classes may have different performance characteristics.

First Investors Tax Exempt Opportunities Fund

First Investors Tax Exempt Opportunities Fund

Investment Objective & Strategy: The Fund seeks a high level of interest income that is exempt from federal income tax and secondarily total return.

Morningstar Category: Muni National Long

Fact Sheet

2018 Third Quarter Fund Commentary

Investment Flyer

First Investors Suite of Tax Exempt Funds

Foresters Financial offers two national municipal tax exempt funds and 12 state-specific tax exempt funds. 

Municipal Bond Taxable Equivalent Yields


First Investors Mutual Funds Menu

First Investors Mutual Funds provide a wide variety of financial solutions designed to meet the needs of today’s investor.

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Timely insights on Benchmarking.  Many investors are experiencing a certain level of frustration with “underperforming” portfolios during an all-time bull market rally. Given this struggle, we think it’s time to re-examine both the benchmarks most commonly used and the average investor’s expectations. James Macey, CFA, CAIA, Director of Multi-Asset Portfolio Management, shares his perspective on these timely topics.

 

Munis in Focus: Active Management in the First Investors Tax Exempt Income Fund.  Clark Wagner, President, Foresters Investment Management Company, Inc. and Chief Investment Officer, Foresters Financial.

Beta budget – risk measurement.  Wiley D. Angell, Portfolio Manager, First Investors Covered Call Strategy Fund and CIO, FAMCO Group Ziegler Capital Management, LLC  

Reap the benefits of lower volatility and active management with the First Investors Covered Call Strategy Fund.  Wiley D. Angell, Portfolio Manager, First Investors Covered Call Strategy Fund and CIO, FAMCO Group Ziegler Capital Management, LLC  

Using active management in a covered call strategy.  Wiley D. Angell, Portfolio Manager, First Investors Covered Call Strategy Fund and CIO, FAMCO Group Ziegler Capital Management, LLC  

Discover how high yield bonds can diversify your portfolio.  Clinton Comeaux, Co-Portfolio Manager, First Investors Fund For Income and Portfolio Manager, Muzinich

2017 Outlook for High Yield.  Clinton Comeaux, Co-Portfolio Manager, First Investors Fund For Income and Portfolio Manager, Muzinich

Default activity in the High Yield Market.  Clinton Comeaux, Co-Portfolio Manager, First Investors Fund For Income and Portfolio Manager, Muzinich

First Investors Fund for Income current positioning.  Clinton Comeaux, Co-Portfolio Manager, First Investors Fund For Income and Portfolio Manager, Muzinich

Impact of gradual US monetary policy.  Clinton Comeaux, Co-Portfolio Manager, First Investors Fund For Income and Portfolio Manager, Muzinich