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First Trust New Opps MLP & Energy Stock Price, News & Analysis

FPL NYSE

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Trust New Opps MLP & Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Trust New Opps MLP & Energy's position in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.4%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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Rhea-AI Summary

First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) has announced its monthly common share distributions of $0.0375 per share for May, June, and July 2023. The payable, record, and ex-dividend dates are set for May 15, June 15, and July 17, with record dates on May 2, June 2, and July 5. Based on the fund's April 19, 2023, net asset value (NAV) of $7.11, the distribution rate is 6.33%, while the rate based on the closing market price of $6.05 is 7.44%. Due to the nature of master limited partnerships (MLPs), some distributions may be tax-deferred. The fund aims for high total returns through investments in MLPs and energy sector entities, targeting a minimum of 85% of managed assets in these areas.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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Rhea-AI Summary

The First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) has announced monthly distributions of $0.0375 per share for February, March, and April 2023. The payable dates for these distributions are set for February 15, March 15, and April 17, 2023. Record dates are February 2, March 3, and April 4, while expected ex-dividend dates are February 1, March 2, and April 3. The fund reports a distribution rate of 6.20% based on a NAV of $7.26 and 7.20% based on a market price of $6.25 as of January 20, 2023. It aims to provide high total returns through investments in MLPs and energy sectors, with tax-deferred returns expected.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
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Rhea-AI Summary

First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) has announced monthly common share distributions of $0.0375 per share for November, December, and January. The payable, record, and expected ex-dividend dates for these distributions are 11/15/22, 12/15/22, and 01/17/23 respectively. The distribution rates are 6.74% based on an NAV of $6.68 and 7.89% based on a market price of $5.70. A portion of these distributions may be a tax-deferred return of capital. The Fund focuses on high total return primarily from publicly traded MLPs in the energy sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
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none
Rhea-AI Summary

First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) has announced monthly common share distributions of $0.0375 per share for August, September, and October 2022. The payable dates are August 15, September 15, and October 17. Shareholders should note the corresponding record and expected ex-dividend dates. The fund primarily focuses on investing in master limited partnerships (MLPs) and energy-related securities. The distribution rates based on NAV and market prices indicate returns of approximately 6.72% and 7.56% respectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
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Rhea-AI Summary

The First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) has announced monthly common share distributions of $0.0375 for May, June, and July 2022. The payable, record, and expected ex-dividend dates are set for May 16, June 15, and July 15, respectively. Based on the April 19, 2022 NAV of $7.57, the distribution rate is 5.94%, and 6.88% based on the closing market price of $6.54. These distributions may consist of a tax-deferred return of capital, with final tax status to be determined after 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
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Rhea-AI Summary

First Trust Advisors L.P. has announced the continuation of the Share Repurchase Program for three funds: First Trust New Opportunities MLP & Energy Fund (FPL), First Trust Energy Infrastructure Fund (FIF), and First Trust High Income Long/Short Fund (FSD). Each Fund aims to repurchase up to the following share amounts by March 15, 2023: 1,232,539 shares for FPL, 824,889 for FIF, and 1,673,507 for FSD. The repurchase activity will be disclosed in shareholder reports.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
buybacks
Rhea-AI Summary

First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) has announced monthly common share distributions of $0.0375 for February, March, and April 2022. The payable dates are February 15, March 15, and April 18, 2022, with record dates on February 2, March 2, and April 4, 2022, respectively. The distribution rate is approximately 6.85% based on the January 19, 2022 NAV of $6.57 and 7.35% based on the market price of $6.12. A portion of these distributions may consist of a tax-deferred return of capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.69%
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FAQ

What is the current stock price of First Trust New Opps MLP & Energy (FPL)?

The current stock price of First Trust New Opps MLP & Energy (FPL) is $7.76 as of May 3, 2024.

What is the market cap of First Trust New Opps MLP & Energy (FPL)?

The market cap of First Trust New Opps MLP & Energy (FPL) is approximately 182.0M.

FPL Rankings

FPL Stock Data

181.95M
20.35M
Investment Banking and Securities Dealing
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