First Trust New Opportunities MLP & Energy Fund (FPL)

7.75 0.00 (0.00%) At close: 03:59PM EDT

First Trust New Opportunities MLP & Energy Fund

10 Wright Street
Westport, CT 06880
United States
203-349-8232
https://www.ftportfolios.com/Retail/Cef/CefSummary.aspx?Ticker=FPL

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Description

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 the S&P 500 Index, Alerian MLP Total Return Index, and Wells Fargo Midstream MLP Total Return Index. First Trust New Opportunities MLP & Energy Fund was formed on October 15, 2013 and is domiciled in the United States.

Corporate governance

First Trust New Opportunities MLP & Energy Fund’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.