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First Trust New Opportunities MLP & Energy Fund (FPL)

Specialty Equity Funds - MLP Funds

Data as of Aug. 12, 2022
Market Price $6.36 (+ $0.12)
NAV (Aug. 12, 2022) $7.34 (+ $0.05)
Fund Listed NYSE
Premium / Discount -13.35% (+1.05%)
Fund Info
Inception March 26, 2014
Sponsor First Trust Advisors
Website www.ftportfolios.com/R...
Phone 1.800.621.1675
Location Connecticut
Incorporated Massachusetts
Staggered Board Yes
Objective: High current income; equity and debt securities of MLPs of energy sector and energy utilities companies
Related Indexes
Master Limited Partnership (MLP) Fund Index
Capital & Leverage
Outstanding Shares 23,930,564
Total Assets (Reported: April 30, 2022) $213M
Estimated Total Assets $219M
Net Assets $176M
Market Cap $152M
Portfolio Turnover 33.00%
Total Leverage 19.62%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.10%
Non Lev Exp Ratio 1.48%
Rel Lev Cost 2.54%
Discount Data
Average Discount (3 Yr) -12.06%
Discount Low(3 Yr) -24.58%
Discount High(3 Yr) 10.96%
Discount Rel Range 31.60%
Comp Discount 1.17
Discount St Dev (1Yr) 1.92
Z-Stat (6mo) -0.43
Z-Stat (1Yr) -1.03
Z-Stat (3Yr) -0.27
Comp Z-Stat (6mo) -1.16
Comp Z-Stat (3Yr) -0.54
Distribution Data
Market Yield 7.08%
Income Yield 1.13%
Lev Adj NAV Yield 5.13%
Distribution Frequency M
Current Distribution $0.038
Current Income $0.006
Ex-Date 9/1/22
Payable Date 9/15/22
Div Growth (3yr) -50.00%
Dividend Change -50.0% on 4/20/20
Expected Div 8/22/22
RoC (1yr) 53.38%
RoC (3yr) 47.02%
Tax Dividend Data 2021 2019 - 2021
Income 100% 46.9%
ST Gains 0% 0%
QDI 100% 46.9%
LT Gains 0% 0%
RoC 0% 53.1%
Volume & Liquidity
Average Daily $ (K) $586
Avg Volume 30 day 80,010
Avg Volume 90 day 92,192
Volume Trend -13.21%
Comp Volume Trend 14.59%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index
Most Correlated Peer (Mk Pr): KMF 93.0%
NAV - Price Correlation (30 d) 95.9%
NAV - Price Correlation (90 d) 97.7%
NAV - Price Correlation (1 Yr) 95.7%
Price St Dev (1Yr) 23.3%
NAV St Dev (1Yr) 22.1%
Earnings / Share (4/30/22) $0.032
Earn Coverage 84.00%
Earnings Trend Down
UNII / Share (4/30/22) $0.050
Rel UNII 69.12
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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