First Trust New Opps MLP & En:FPL

    Manage Alerts

    Overview

    As of 8/20/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$9.10$9.87-7.80%
    52 Wk Avg$9.04$9.95-9.25%
    52 Wk High$10.39$10.84-3.80%
    52 Wk Low$6.98$7.95-14.64%
    Regular Distribution TypeIncome Only
    Distribution Rate9.89%
    Distribution Amount$0.0750
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund will seek to provide and invest in a portfolio of cash-generating securities, with a focus on investing in publicly traded master limited partnerships (MLPs) and MLP-related entities in the energy sector.

    Capital Structure

    As of 8/20/2019

    Total Net Assets:$341.951M
    Total Common Assets:$251.451M
    Common Shares Outstanding:25,399,075
    Leverage

    As of 4/30/2019

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $91.000M
    Structural Leverage (USD): $91.000M
    Structural Leverage (%): 25.65%
    Effective Leverage (USD): $91.000M
    Effective Leverage (%): 25.65%
    Annual Expense Ratios

    As of 10/31/2018

      Per Common Share
    Management Fees1.38%
    Other Expenses:0.22%
    Baseline Expense: 1.60%
    Interest Expense:1.25%
    Total: 2.85%
    Fund Management

    Fund Sponsor
    First Trust Advisors

    Portfolio Managers
    Saul Ballesteros (27 Mar 2014) / Linda Longville (27 Mar 2014) / James Murchie (27 Mar 2014) / Eva Pao (27 Mar 2014)

    Basics
    Category: US Equity-MLP
    Ticker: FPL
    NAV Ticker: XFPLX
    Average Daily Volume (shares): 150,000
    Average Daily Volume (USD): $1.349M
    Inception Date: 3/26/2014
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 8/20/2019

    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
    Annualized Distribution Rate on NAV:
    As of 8/20/2019
    9.12%
    Total Return on NAV (12 months):
    As of 8/20/2019
    -0.30%
    Total % Portfolio Effectively Leveraged:
    As of 8/20/2019
    25.65%

    Pricing Information

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

    As of 8/20/2019

    PeriodAvg Discount
    6 Month-9.23%
    1 Year-9.25%
    3 Year-1.78%
    5 Year-3.41%
    Z-Score

    As of 8/21/2019

    PeriodZStat
    3 Month0.20
    6 Month0.80
    1 Year0.70
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/20/2019
    Category: MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD29.09%22.98%14.74%12.67%
    2018-29.57%-19.94%-23.39%-18.23%
    20172.73%-1.71%1.64%-3.22%
    201632.62%27.11%28.22%27.39%
    2015-34.88%-37.76%-44.62%-42.76%
    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 8/20/2019
    Category: MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 4/30/2019
    40
    Annual Portfolio Turnover:
    As of 10/31/2018
    64.00%
    Asset Allocation

    As of 1/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 4/28/2017 reported by Fund Sponsor

    Sector%Portfolio
    MLP 67.72%
    General Equity 29.34%
    Net Current Assets 2.22%
    Real Estate 0.73%
    Top Holdings

    As of 10/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Enterprise Products Partners LP$37.74M11.40%
    Enbridge Energy Partners LP$22.54M6.81%
    Magellan Midstream Partners, L.P.$21.83M6.59%
    Kinder Morgan, Inc.$20.63M6.23%
    TransCanada$17.98M5.43%
    TC Pipelines LP$16.58M5.01%
    Williams Companies Inc$14.60M4.41%
    Energy Transfer Equity LP$14.39M4.35%
    Plains All American Pipeline LP$12.59M3.80%
    Holly Energy Partners, L.P.$12.59M3.80%
    Alliance Resource Partners LP$10.40M3.14%
    Country Allocation

    As of 1/31/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 84.88%
    Canada 10.85%
    UK 1.37%

    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.

    EWB-854124PR-E