First Trust New Opportunities MLP & Stock News

5 out of 22 closed-end fund sectors positive on price and 1 out of 22 sectors positive on NAV. Saba targets BSTZ, while PDX moves to a monthly distribution. First Trust MLP CEF mergers are approved by

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

The First Trust New Opportunities MLP & Energy Fund provides a way for retirees and savers to invest in master limited partnerships and midstream infrastructure companies. FPL has a yield of 6.47%, hi

We review CEF market valuation and performance through the first week of November and highlight recent market action. CEFs experienced a rebound with all sectors rallying. REITs were in the lead with

First Trust New Opps MLP & Energy Fund is a closed-end fund that primarily invests in midstream master limited partnerships and electric utilities. The fund has historically underperformed the Alerian

On July 31, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 236,990 shares of First Trust New Opportunities MLP & Energy Fund ( FPL , Financial) to its portf

FPL: Underwhelming Compared To The Index But Not Too Bad

Data aggregator websites such as Morningstar or CEFData are merely places to get initial ideas. With CEFs that can get rather niche and are actively managed, it becomes even more imperative as things

Master limited partnerships are perfect for many investors looking for income, but they can be hard to include in a retirement account. FPL invests in a reasonably good portfolio of midstream partners

First Trust New Opportunities MLP & Energy Fund is a closed end fund focusing on MLP equities. FPL has a very high standard deviation of 40.7 while offering only a 7.2% yield.

Warren Buffett once listed the only 3 ways that a smart person can go broke. We zero in on one of those reasons to explain why it is so dangerous for investors.

FPL was the highest-scoring DxYxZ fund in the High-High-Low report. It is a relatively conservative MLP/midstream CEF with an above-average track record.

First Trust New Opportunities MLP & Energy Fund has done well since our last bullish call. The pricing has dropped on a relative basis to its sister fund, First Trust Energy Income & Growth Fund.

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.