First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for November, December and January, Payable on November 15, 2021, December 15, 2021 and January 18, 2022 Respectively
October 20, 2021 at 04:30 pm EDT
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First Trust New Opportunities MLP & Energy Fund has declared the Fund?s monthly common share distributions for November, December and January of $0.0375 per share for each month. The payable, record and expected ex-dividend dates, as well as the distribution per share amount for these distributions are as follows: payable dates are November 15, 2021, December 15, 2021 and January 18, 2022, record dates are November 2, 2021, December 2, 2021 and January 4, 2022 and expected ex-dividend dates are November 1, 2021, December 1, 2021 and January 3, 2022 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 November, December and January, Payable on November 15, 2021, December 15, 2021 and January 18, 2022 Respectively