First Trust New Opps MLP & Energy Fund:FPL

    Manage Alerts


    As of 12/7/2021

    52 Wk Avg$5.42$6.10-11.37%
    52 Wk High$6.26$6.87-5.40%
    52 Wk Low$4.20$5.12-18.98%
    Regular Distribution TypeIncome Only
    Distribution Rate8.44%
    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 12/7/2021

    Total Investment Exposure:$194.960M
    Total Common Assets:$156.560M
    Common Shares Outstanding:25,623,514

    As of 12/7/2021

    Preferred Share Assets:
    Total Debt (USD): $38.400M
    Regulatory Leverage (USD): $38.400M
    Effective Leverage (USD): $38.400M
    Effective Leverage (%): 19.70%
    Annual Expense Ratios

    As of 10/31/2021

      Per Common Share
    Management Fees1.30%
    Other Expenses:0.45%
    Baseline Expense: N/A
    Interest Expense:3.76%
    Total: 5.51%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

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

    Category: Equity-MLP
    Ticker: FPL
    NAV Ticker: XFPLX
    Average Daily Volume (shares): 129,954
    Average Daily Volume (USD): $0.691M
    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


    As of 12/7/2021

    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 4/30/2021
    Annualized Distribution Rate on NAV:
    As of 12/7/2021
    Total Return on NAV (12 months):
    As of 12/7/2021
    Total % Portfolio Effectively Leveraged:
    As of 12/7/2021

    Pricing Information

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

    As of 12/8/2021

    PeriodAvg Discount
    6 Month-9.71%
    1 Year-11.37%
    3 Year-11.52%
    5 Year-6.58%

    As of 12/7/2021

    3 Month-3.10
    6 Month-2.68
    1 Year-0.52
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 11/30/2021
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    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 11/30/2021
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 7/31/2021
    Annual Portfolio Turnover:
    As of 10/31/2021
    Asset Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2021 reported by Fund Sponsor

    Sensitive (Super Sector)57.10%
    Defensive (Super Sector)39.36%
    Basic Materials2.71%
    Cyclical (Super Sector)2.71%
    Cash Equivalents0.91%
    Cash Equivalents (Super Sector)0.91%
    Top Holdings

    As of 7/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Magellan Midstream Partners LP$17.09M8.77%
    Enterprise Products Partners LP$16.71M8.57%
    TC Energy Corp$13.59M6.97%
    Williams Companies Inc$10.83M5.55%
    AltaGas Ltd$8.17M4.19%
    Cheniere Energy Partners LP$8.12M4.16%
    Public Service Enterprise Group Inc$7.58M3.89%
    Sempra Energy$7.43M3.81%
    Energy Transfer LP$5.45M2.80%
    Westlake Chemical Partners LP$5.29M2.71%
    Country Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity82.79%
    Canada - Equity14.81%
    Spain - Equity0.79%
    Italy - Equity0.55%
    Denmark - Equity0.23%

    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.


    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.