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First Trust Energy Inc & Growth - FEN STOCK NEWS

Welcome to our dedicated page for First Trust Energy & Growth news (Ticker: FEN), a resource for investors and traders seeking the latest updates and insights on First Trust Energy & Growth stock.

Overview

First Trust Energy Inc & Growth (FEN) is a specialized investment vehicle designed to provide exposure to a diversified portfolio within the energy sector. Focused on both income and growth strategies, FEN embodies a disciplined, long-term investment approach that leverages in-depth research and a steadfast commitment to core investment principles. By integrating strategic selection methods with an emphasis on risk management, the fund targets assets that demonstrate potential for stable income generation and capital appreciation in an ever-evolving energy market.

Investment Philosophy

At the core of FEN's approach is a commitment to understanding exactly what is in the portfolio, adhering to the principles of long-term investment discipline, and maintaining regular portfolio rebalancing. Investors can expect a methodical process that seeks to identify high-quality energy securities that perform well through diversified market conditions. This philosophy is not only anchored in historical performance metrics but is also driven by ongoing market analysis and an understanding of current industry dynamics.

Portfolio Composition and Strategy

FEN strategically invests in a range of energy-related assets that include traditional energy producers, midstream companies, and select opportunities in the renewable energy space. This combination allows the fund to capture both the cyclical benefits of the established energy market and the growth potential of emerging sub-sectors. The investment process involves:

  • Thorough Asset Analysis: Assessing the financial health and market positioning of target companies.
  • Diversification: Spreading exposure across various segments of the energy industry to mitigate risk.
  • Disciplined Re-Balancing: Regularly adjusting the portfolio to maintain alignment with long-term investment objectives.

Market Context and Competitive Landscape

Operating within a highly competitive and volatile energy market, FEN distinguishes itself through its methodical approach and focus on sustainable investment practices. The fund does not chase short-term market fluctuations; rather, it prioritizes companies that can deliver consistent income and possess the potential for gradual growth. Competitors in this arena include other specialized energy funds and diversified asset managers, yet FEN’s unique blend of income orientation and growth mindset places it in a distinctive niche. The fund’s strategy is built on a foundation of rigorous research, disciplined portfolio management, and an enduring commitment to its core investment tenets.

Risk Management and Transparency

FEN’s operating model is underpinned by robust risk management processes. Investors are provided with clear insights into the portfolio's composition and the mechanisms in place for risk mitigation. This transparency, combined with the fund’s adherence to established investment principles, fosters a climate of trust and credibility. The fund’s managers regularly review market trends and adjust strategies as needed to safeguard the portfolio while striving for performance objectives.

Core Principles and Operational Ethos

The operational framework of First Trust Energy Inc & Growth is defined by a set of enduring values. Every decision is driven by the principles of thorough ownership understanding, long-term strategic planning, disciplined execution, periodic rebalancing, and tax efficiency. These principles not only guide day-to-day portfolio management decisions but also underscore the commitment to providing clients with a sound investment approach that is both resilient and adaptable.

Conclusion

In summary, FEN represents a calculated, research-driven investment option within the energy sector, appealing to those who value a balanced pursuit of income and growth. Its strategic asset selection, combined with a disciplined management ethos and a clear focus on risk mitigation, makes FEN a noteworthy fund for investors seeking exposure to energy assets. The comprehensive, transparent, and methodical approach it fosters reflects deep industry knowledge, making it a relevant and enduring option amid the ever-changing energy landscape.

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First Trust Energy Income and Growth Fund (FEN) has declared its final common share distribution rate of $0.30 per share, payable on May 2, 2024. The distribution rate is 7.33% based on NAV and 7.43% based on the closing market price. The Fund invests in MLPs in the energy sector and focuses on providing current distributions to shareholders.
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First Trust Energy Income and Growth Fund (FEN) declares its final common share distribution dates, with a distribution payable on May 2, 2024, to shareholders of record as of April 29, 2024. The ex-dividend date is expected to be April 26, 2024. The final distribution is based on estimated accumulated earnings and profits, with a portion possibly being a tax-deferred return of capital. The Fund focuses on investing in MLPs and related public entities in the energy sector, seeking a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
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First Trust Energy Income and Growth Fund (FEN) increases its quarterly distribution by 33.33% to $0.40 per share. The distribution will be payable on April 30, 2024, to shareholders of record as of April 23, 2024. The Fund focuses on MLPs in the energy sector and aims for high after-tax total return with current distributions.
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First Trust Energy Income and Growth Fund (FEN) has declared a quarterly distribution of $0.30 per share, payable on January 31, 2024. The distribution rate based on the January 9, 2024 NAV is 7.50% and based on the closing market price is 8.17%. The Fund focuses on MLPs and related public entities in the energy sector, aiming for high after-tax total return with an emphasis on current distributions paid to shareholders.
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First Trust Energy Income and Growth Fund (FEN) declares quarterly distribution of $0.30 per share.
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The First Trust Energy Income and Growth Fund (NYSE American: FEN) declared a quarterly distribution of $0.30 per share, payable on April 28, 2023, to shareholders of record by April 24, 2023. The ex-dividend date is set for April 21, 2023. This distribution represents a rate of 7.84% based on the Fund's April 6, 2023 NAV of $15.30 and 9.23% based on the closing market price of $13.00. The Fund targets high after-tax returns, primarily investing in master limited partnerships (MLPs) and related public entities within the energy sector. A portion of distributions may be tax-deferred, finalized tax statuses will be communicated via Form 1099-DIV by year-end.

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The First Trust Energy Income and Growth Fund (NYSE American: FEN) has announced a quarterly distribution of $0.30 per share, payable on January 31, 2023. Shareholders of record as of January 23, 2023 will receive this payment, with the ex-dividend date set for January 20, 2023. The distribution represents a rate of 7.67% based on the January 9, 2023 NAV of $15.64 and 8.50% based on the closing price of $14.12.

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The First Trust Energy Income and Growth Fund (NYSE American: FEN) announced a quarterly distribution of $0.30 per share, payable on October 31, 2022, to shareholders of record as of October 24, 2022. The ex-dividend date is set for October 21, 2022. The distribution rates based on the October 10, 2022 NAV and market price are 8.36% and 7.99% respectively. FEN is a non-diversified closed-end fund focused on MLPs in the energy sector, seeking high after-tax total returns through current distributions. Investors should note potential risks associated with MLP investments.

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The First Trust Energy Income and Growth Fund (FEN) has announced a quarterly distribution of $0.30 per share, payable on July 29, 2022. Shareholders of record by July 25, 2022 will receive this distribution, with an ex-dividend date of July 22, 2022. This distribution represents a rate of 8.21% based on the $14.61 NAV and 7.67% based on the market price of $15.64. The Fund focuses on investments in MLPs within the energy sector. Tax treatment of distributions may include tax-deferred return of capital.

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FAQ

What is the current stock price of First Trust Energy & Growth (FEN)?

The current stock price of First Trust Energy & Growth (FEN) is $16 as of February 7, 2025.

What is the market cap of First Trust Energy & Growth (FEN)?

The market cap of First Trust Energy & Growth (FEN) is approximately 311.4M.

What is the core focus of First Trust Energy Inc & Growth?

The fund focuses on providing exposure to energy-related assets with an emphasis on generating stable income and long-term capital growth. Its strategy is built around a disciplined investment approach.

How does FEN approach asset selection?

FEN employs a methodical process involving thorough analysis of companies in various energy sub-sectors, including traditional and emerging areas, while ensuring diversification and risk management.

What investment principles guide FEN's strategy?

The fund is guided by core principles such as understanding ownership, long-term investing, disciplined execution, periodic rebalancing, and efficient tax management, all designed to uphold a stable portfolio.

How does FEN differentiate itself from other energy funds?

FEN stands out due to its balanced approach to income and growth, rigorous asset analysis, and a commitment to risk mitigation and transparency in portfolio management.

What types of assets are included in FEN's portfolio?

The portfolio consists of a diverse range of energy-related investments including traditional energy producers, midstream companies, and select opportunities in the renewable energy segment.

How is risk managed within FEN?

Risk is managed through a combination of thorough asset analysis, diversification across multiple energy sub-sectors, and disciplined portfolio rebalancing to ensure alignment with long-term investment goals.

Who might benefit from investing in FEN?

Investors seeking exposure to the energy sector through a balanced pursuit of income and growth, and who value a disciplined, research-backed investment methodology, may find FEN appealing.

Is FEN suitable for short-term trading?

FEN is designed with a long-term investment perspective, focusing on stable income generation and gradual growth rather than short-term market speculation.
First Trust Energy Inc & Growth

NYSE:FEN

FEN Rankings

FEN Stock Data

311.42M
19.45M
25.96%
54.47%
0.11%
Asset Management
Financial Services
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United States
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