First Trust Energy Income & Growth Fund Stock News

FEN is a leveraged MLP CEF.

FEN is one of the more popular midstream closed-end funds on the market. The fund is reasonably well-diversified, although it does appear to be betting pretty heavily on a recovery in the demand for r

CPZ: Potential Participation In Upside And Downside With A Long/Short Fund

FEN: Midstream Has Potential, But Deteriorating NAV Is Worrisome

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share. The d

Not all funds were forced to cut distributions during market panics. Today's list is of funds that have been paying the same or more regular distribution for a long time.

Closed-end funds can offer ways to invest in a diversified portfolio of energy stocks and secure a higher yield than could be obtained otherwise. FEN invests mostly in midstream names but there also a

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share. The d

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.

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.