CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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First Trust New Opportunities MLP & Energy Fund (FPL)

Specialty Equity Funds - MLP Funds

Data as of Dec. 11, 2018
Market Price $8.05 (+ $0.04)
NAV (Dec. 11, 2018) $9.17 (- $0.02)
Premium / Discount -12.21% (+0.63%)
Fund Info
Inception March 26, 2014
Sponsor First Trust Advisors
Website www.ftportfolios.com/R...
Phone 1.800.621.1675
Objective: High current income; equity and debt securities of MLPs of energy sector and energy utilities companies
Related Indexes
Equity Income Index
60/40 Balanced (w/ BDCs) Index
Tax-Sensitive Income Index
Master Limited Partnership (MLP) Fund Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 25,687,466
Total Assets (Reported: April 30, 2018) $351M
Estimated Total Assets $322M
Net Assets $236M
Market Cap $207M
Purchases Turnover 53.78%
Sales Turnover 50.38%
Total Leverage 26.75%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.77%
Non Lev Exp Ratio 1.56%
Rel Lev Cost 3.31%
Discount Data
Average Discount (3 Yr) 0.62%
Discount Low(3 Yr) -13.61%
Discount High(3 Yr) 13.23%
Discount Rel Range 5.19%
Comp Discount -2.82
Discount St Dev (1Yr) 6.50
Z-Stat (6mo) -1.52
Z-Stat (1Yr) -1.99
Z-Stat (3Yr) -2.84
Comp Z-Stat (6mo) -0.41
Comp Z-Stat (3Yr) -1.38
Distribution Data
Market Yield 11.18%
Income Yield 0.00%
Lev Adj NAV Yield 7.74%
Distribution Frequency M
Current Distribution $0.075
Current Income $0.000
Ex-Date 12/3/18
Payable Date 12/17/18
Div Growth (3yr) -28.57%
Dividend Change -28.6% on 8/20/18
Expected Div 1/22/19
RoC (1yr) 99.95%
RoC (3yr) 94.25%
Tax Dividend Data 2017 2015 - 2017
Income 16.7% 11.2%
ST Gains 0% 0%
QDI 16.7% 7.5%
LT Gains 0% 0%
RoC 83.3% 88.8%
Volume & Liquidity
Average Daily $ (M) $1,396
Avg Volume 30 day 197,149
Avg Volume 90 day 173,466
Volume Trend 13.65%
Comp Volume Trend -27.42%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index
Most Correlated Peer (Mk Pr): CEN 85.0%
NAV - Price Correlation (30 d) 87.3%
NAV - Price Correlation (90 d) 96.4%
NAV - Price Correlation (1 Yr) 86.5%
Price St Dev (1Yr) 24.7%
NAV St Dev (1Yr) 19.2%
Earnings / Share (4/30/18) $-0.041
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (4/30/18) $0.400
UNII Trend Down
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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