First Trust New Opps MLP & Energy Fund:FPL

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    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$6.21$6.85-9.34%
    52 Wk Avg$4.60$5.48-16.37%
    52 Wk High$6.26$6.85-7.89%
    52 Wk Low$3.43$4.51-24.58%
    Regular Distribution TypeIncome Only
    Distribution Rate7.25%
    Distribution Amount$0.0375
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund is to seek a high level of total return and will seek to provide its Common Shareholders with a vehicle to invest in a portfolio of cash-generating securities, with a focus on investing in MLPs and MLP-related entities in the energy sector and energy utilities industries that are weighted towards non-cyclical, fee-for-service revenues.The Fund may invest up to 20% of its Managed Assetsin unregistered or otherwise restricted securities.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$208.921M
    Total Common Assets:$175.521M
    Common Shares Outstanding:25,623,514
    Leverage

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $33.400M
    Regulatory Leverage (USD): $33.400M
    Effective Leverage (USD): $33.400M
    Effective Leverage (%): 15.99%
    Annual Expense Ratios

    As of 10/31/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 5.51%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    James J. Murchie, Eva Pao, Linda Longville, Saul Ballesteros

    Basics
    Category: Equity-MLP
    Ticker: FPL
    NAV Ticker: XFPLX
    Average Daily Volume (shares): 156,373
    Average Daily Volume (USD): $0.718M
    Inception Date: 3/26/2014
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 6/11/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 10/31/2020
    -$0.1650
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    6.57%
    Total Return on NAV (12 months):
    As of 6/11/2021
    25.37%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    15.99%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-12.84%
    1 Year-16.37%
    3 Year-10.60%
    5 Year-5.53%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month1.28
    6 Month1.32
    1 Year1.59
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD43.80%26.92%51.23%38.44%
    2020-48.35%-40.31%-61.07%-56.46%
    201936.93%25.86%16.44%13.89%
    2018-29.62%-19.94%-22.39%-17.44%
    20172.71%-1.71%-0.56%-5.69%
    201632.61%27.11%34.69%33.32%
    2015-34.88%-37.76%-44.89%-43.81%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2021
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 1/31/2021
    54
    Annual Portfolio Turnover:
    As of 10/31/2020
    113.00%
    Asset Allocation

    As of 1/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 1/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)59.43%
    Energy59.23%
    Utilities36.32%
    Defensive (Super Sector)36.32%
    Basic Materials2.73%
    Cyclical (Super Sector)2.73%
    Cash Equivalents1.75%
    Cash Equivalents (Super Sector)1.75%
    Industrials0.20%
    Top Holdings

    As of 1/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Magellan Midstream Partners LP$19.22M11.12%
    Enterprise Products Partners LP$15.65M9.05%
    TC Pipelines LP$12.84M7.42%
    Sempra Energy$8.63M4.99%
    Public Service Enterprise Group Inc$8.52M4.93%
    Williams Companies Inc$8.19M4.74%
    Cheniere Energy Partners LP$7.16M4.14%
    TC Energy Corp$5.10M2.95%
    Enbridge Inc$5.01M2.90%
    Plains All American Pipeline LP$4.84M2.80%
    Country Allocation

    As of 1/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity87.48%
    Canada - Equity10.07%
    Spain - Equity0.53%
    Italy - Equity0.21%
    Denmark - Equity0.11%
    Greece - Equity0.08%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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