First Trust New Opprtnts MLP & Engy Fd  

(Public, NYSE:FPL)   Watch this stock  
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13.77
+0.01 (0.07%)
Feb 17 - Close
NYSE real-time data - Disclaimer
Currency in USD
Range 13.68 - 13.82
52 week 9.52 - 14.50
Open 13.82
Vol / Avg. 49,515.00/116,879.00
Mkt cap 328.02M
P/E     -
Div/yield     -/9.15
EPS     -
Shares 23.82M
Beta     -
Inst. own     -

Address

10 Westport Road, Suite C101a
WILTON, CT 06897
United States - Map
+1-630-7658000 (Phone)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

First Trust New Opportunities MLP & Energy Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders. The Fund seeks to provide its common shareholders with a vehicle to invest in a portfolio of cash generating securities, with a focus on investing in master limited partnerships (MLPs) and MLP-related entities in the energy sector and energy utilities industries that are weighted towards non-cyclical, fee-for-service revenues. Under normal market conditions, the Fund will invest approximately 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utilities companies. The Fund invests in various industries, including pipelines, electric power, natural gas utility, coal, gathering and processing, and other. The Fund's investment advisor is First Trust Advisors L.P.

Officers and directors

James A. Bowen Chairman of the Board
Age: 60
Bio & Compensation  - Reuters
Mark R. Bradley President, Chief Executive Officer
Age: 58
Bio & Compensation  - Reuters
James M. Dykas Chief Financial Officer, Chief Accounting Officer, Treasurer
Age: 50
Bio & Compensation  - Reuters
Kristi A. Maher Chief Compliance Officer, Assistant Secretary
Age: 49
Bio & Compensation  - Reuters
Daniel J. Lindquist Vice President
Age: 45
Bio & Compensation  - Reuters
W. Scott Jardine Esq. Secretary, Chief Legal Officer
Age: 55
Bio & Compensation  - Reuters
Thomas R. Kadlec Lead Independent Trustee
Age: 58
Bio & Compensation  - Reuters
Richard E. Erickson M.D. Independent Trustee
Age: 65
Bio & Compensation  - Reuters
Robert F. Keith Independent Trustee
Age: 59
Bio & Compensation  - Reuters
Niel Byron Nielson Ph.D. Independent Trustee
Age: 62
Bio & Compensation  - Reuters