First Trust New Opportunities MLP & Energy Fund Declares Monthly Distributions for the Months of February, March and April 2020, Payable on February 18, 2020, March 16, 2020 and April 15, 2020 Respectively
January 21, 2020 at 04:57 pm EST
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First Trust New Opportunities MLP & Energy Fund declared the fund’s monthly common share distributions for February, March and April 2019 of $0.075 per share for each month. Payable dates are February 18, 2020, March 16, 2020 and April 15, 2020 respectively. Record dates are February 4, 2020, March 3, 2020 and April 2, 2020 respectively. Expected ex-dividend dates are February 3, 2020, March 2, 2020 and April 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 Distributions for the Months of February, March and April 2020, Payable on February 18, 2020, March 16, 2020 and April 15, 2020 Respectively