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First Trust New Opportunities MLP & Energy Fund (FPL)

NYSE Financial Services Asset Management
$7.76 ▲ +0.19%
Market Cap
$182.0M
Sector
Financial Services
Industry
Asset Management
Beta
0.00
52-Wk Range
5.7325-7.77
CEO
Country
US
Currency
USD

First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors. The fund primarily invests in equity and debt securities of MLPs and MLP related entities, as well as in dividend paying growth stocks of other energy and energy utilities companies. It benchmarks the performance of its portfolio against…

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