First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for August, September and October, Payable on August 17, 2020, September 15, 2020 and October 15, 2020 Respectively
July 20, 2020 at 04:46 pm EDT
Share
First Trust New Opportunities MLP & Energy Fund (the Fund) has declared the fund’s monthly common share distributions for August, September and October of $0.0375 per share for each month. For the months of August, September and October, payable dates are August 17, 2020, September 15, 2020 and October 15, 2020, record date are August 4, 2020, September 2, 2020 and October 2, 2020 and expected ex-dividend dates are August 3, 2020, September 1, 2020 and October 1, 2020 respectively.
First Trust New Opportunities MLP & Energy Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders. The Fund seeks to provide its common shareholders with a vehicle to invest in a portfolio of cash-generating securities, with a focus on investing in publicly traded master limited partnerships (MLPs), MLP-related entities and other companies in the energy sector and energy utility industries. The Fund, under normal market conditions, invests at least 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utility companies that Energy Income Partners, LLC (the Sub-Advisor) believes offer opportunities for growth and income. The Fund invests in various industries, including natural gas transmission. The Fund's investment advisor is First Trust Advisors L.P.
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for August, September and October, Payable on August 17, 2020, September 15, 2020 and October 15, 2020 Respectively