First Trust MLP and Energy Income Fund Stock News

First Trust MLP&Energy Income Fund's 7.68% looks like an attractive yield from a monthly payer if the distribution can be sustained.

There's an ETF for just about anything we can think of—stocks, bonds, commodities, growth, value, sectors, industries and, of course, high yield.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust MLP and Energy Income Fund (the "Fund") (NYSE: FEI) has declared the Fund's monthly common share distributions for May, June and July of $0.05 per share for

Midstream companies were devastated by the events of 2020, although their cash flows held up reasonably well.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust MLP and Energy Income Fund (the "Fund") (NYSE: FEI) has declared the Fund's monthly common share distributions for February, March and April of $0.05 per sh

FEI has lagged the midstream sector. The fund still trades at a big discount to NAV and pays a substantial distribution that we expect will hold up in 2021.

Many of us got burned in the "double black swan" impact on master limited partnership funds (MLPs) last March when the global energy price war coincided with the COVID-19 crisis. Those that survived a

Midstream MLPs, as measured by the Alerian MLP Index, ended August down 1.3% on a price basis but up 0.5% once distributions were considered.

This CEF has been significantly hit by the COVID-19 pandemic and the low crude oil price environment. The key bullish catalyst is a sooner-than-expected end of the COVID-19 pandemic.

Distribution coverage for MLPs remains elevated relative to history after 1Q20 distribution cuts, implying that MLPs are better able to afford their distributions today than in the past, yet yields re

Chevron Corp. announced it will acquire Noble Energy Inc.

While a continuation of the Trump administration would be more friendly to oil and gas companies, a potential Biden administration appears manageable for the industry.

The equity price performance and elevated yields for midstream and MLPs paint a different picture than what may be drawn from fundamentals.

Recently in 2020, Master Limited Partnerships (MLPs) experienced quite significant volatility, following multiple years of above average volatility for the space.

First Trust Advisors L.P. ("FTA") announced today that Energy Income Partners, LLC ("EIP"), investment sub-advisor for First Trust MLP and Energy Income Fund (NYSE: FEI), First Trust Energy Income and