First Trust New Opportunities MLP & Energy Fund (FPL) Research
The First Trust New Opportunities MLP & Energy Fund operates as a closed-end balanced mutual fund, jointly overseen by First Trust Advisors L.P. and Energy Income Partners LLC. This U.S.-domiciled fund, established on October 15, 2013, primarily allocates capital across American public equity and fixed-income markets. Its investment mandate focuses on enterprises within the energy and utilities sectors. Specifically, the portfolio predominantly consists of equity and debt instruments issued by Master Limited Partnerships (MLPs) and associated organizations, complemented by dividend-yielding growth stocks from other energy and utility corporations. The fund measures its performance against a composite of benchmarks, including the S&P 500 Index, the Alerian MLP Total Return Index, and the Wells Fargo Midstream MLP Total Return Index.
Market snapshot
- Symbol
- FPL
- Price
- $7.76
- Day change
- +0.19%
- Market cap
- $182.0M
- P/E ratio
- 13.61x
- 52-week range
- 5.7325-7.77
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- BMO Aggressive Allocation Fund- Class R6 (BDSQX)
- BMO Aggressive Allocation Fund- Class Y (BDSYX)
- Allspring C&B Mid Cap Value Fund Class A (CBMAX)
- Allspring C&B Mid Cap Value Fund Admin Cl (CBMIX)
- Calvert Mid-Cap Fund Class I (CCPIX)
- First Trust Dynamic Europe Equity Income Fund (FDEU)
- The New America High Income Fund Inc. (HYB)
- Nuveen Large Cap Growth Fund Class C (NLCGX)
Recent insider activity
- MALTBIE DEREK — trade (0 shares) on 2023-06-05
- Wright Bronwyn — trade (0 shares) on 2023-09-10
- DENISE M KEEFE — trade (0 shares) on 2021-11-01
- BROWN KATHLEEN WIELAND — trade (0 shares) on 2020-10-31
- DEHLER KELLY CATHERINE — trade (0 shares) on 2021-06-21
Open First Trust New Opportunities MLP & Energy Fund (FPL) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.