FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND

First Trust New Opportunities MLP & Energy Fund

FPL

US33739M1009

Closed End Funds

Market Closed - Nyse Other stock markets 04:00:02 2024-05-03 pm EDT			5-day change	1st Jan Change
7.76 ^USD	+0.19%		+0.13%	+12.79%

Jan. 22	First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distribution for the Period of February, March and April, Payable on February 15, 2024, March 15, 2024 and April 15, 2024	CI
2023	First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for November, December and January, Payable on November 15, 2023, December 15, 2023 and January 16, 2024 Respectively	CI

First Trust New Opportunities MLP & Energy Fund : Holdings as of 1/31/2022

March 09, 2022

Portfolio of Investments

Shares Description

COMMON STOCKS - 65.2%

Value
8,600	Quanta Services, Inc ................................................................................... $	883,392
Electric Utilities - 14.7%
32,400	Alliant Energy Corp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,939,464
33,070	American Electric Power Co., Inc. (a) ................................................................	2,989,528
11,600	Duke Energy Corp. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,218,696
4,300	Emera, Inc. (CAD) (a) ................................................................................	203,744
247,250	EnelS.p.A.,ADR .....................................................................................	1,886,518
5,400	Eversource Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	483,246
65,800	Exelon Corp ...........................................................................................	3,813,110
4,400	Fortis, Inc. (CAD) (a) .................................................................................	209,001
6,200	Iberdrola S.A., ADR ..................................................................................	284,208
12,700	IDACORP, Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,399,794
13,370	NextEra Energy, Inc ...................................................................................	1,044,464
4,490	Orsted A/S, ADR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	158,632
111,620	PPL Corp. (a) (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3,312,882
61,480	Southern (The) Co. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	4,272,245
14,800	Xcel Energy, Inc .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,030,968
24,246,500
Gas Utilities - 7.8%
195,620	AltaGas Ltd. (CAD) (a) ...............................................................................	4,018,124
17,900	Atmos Energy Corp. (a) ...............................................................................	1,919,238
8,000	National Fuel Gas Co . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	485,840
49,670	New Jersey Resources Corp. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,997,231
19,200	ONE Gas, Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,495,488
15,000	Southwest Gas Holdings, Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,022,700
43,240	UGI Corp. (b) .........................................................................................	1,960,934
12,899,555
Independent Power & Renewable Electricity Producers - 1.0%
19,300	AES (The) Corp. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	428,074
33,390	Clearway Energy, Inc., Class A .......................................................................	1,030,081
8,000	EDP Renovaveis S.A. (EUR) (c) ......................................................................	168,172
1,626,327
Multi-Utilities - 10.5%
60,000	Atco Ltd., Class I (CAD) (a) ..........................................................................	2,021,162
10,430	Black Hills Corp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	706,528
107,670	CenterPoint Energy, Inc. (a) ...........................................................................	3,053,521
16,450	CMS Energy Corp. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,059,051
12,500	Dominion Energy, Inc. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,008,250
17,380	DTE Energy Co. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2,093,074
59,970	Public Service Enterprise Group, Inc ..................................................................	3,989,804
21,850	Sempra Energy ........................................................................................	3,018,796
3,130	WEC Energy Group, Inc . .............................................................................	303,735
17,253,921
Oil, Gas & Consumable Fuels - 30.2%
9,410	Cheniere Energy, Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1,052,979
129,440	DT Midstream, Inc. (a) ................................................................................	6,692,048
103,085	Enbridge, Inc. (b) .....................................................................................	4,357,403
113,893	Equitrans Midstream Corp. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	923,672
130,664	Keyera Corp. (CAD) (a) ..............................................................................	3,074,508
303,998	Kinder Morgan, Inc. (b) ...............................................................................	5,277,405
100,006	ONEOK, Inc. (a) (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	6,068,364

Construction & Engineering - 0.6%

Description

Value

COMMON STOCKS (Continued)Oil, Gas & Consumable Fuels (Continued)

33,000 Shell PLC, ADR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 214,109 TC Energy Corp. (a) .................................................................................. 320,178 Williams (The) Cos., Inc. (a) ..........................................................................

1,696,200 11,058,730 9,586,129 49,787,438

Semiconductors & Semiconductor Equipment - 0.1%

1,100 Enphase Energy, Inc. (d) .............................................................................. 154,517

Water Utilities - 0.3%

3,200 American Water Works Co., Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 514,560

Total Common Stocks ............................................................................... (Cost $98,358,142)

107,366,210

Units

Description

Value

MASTER LIMITED PARTNERSHIPS - 57.4%

Chemicals - 3.2%

197,848

Westlake Chemical Partners, L.P. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Gas Utilities - 0.8%

88,500 Suburban Propane Partners, L.P. (a) ...................................................................

Independent Power & Renewable Electricity Producers - 2.0%

43,819 NextEra Energy Partners, L.P. (a) (e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5,280,563 1,312,455 3,296,065
Oil, Gas & Consumable Fuels - 51.4%
254,269 Cheniere Energy Partners, L.P. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,520,206

1,230,460 Energy Transfer, L.P. (a) (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,775,502

650,564 Enterprise Products Partners, L.P. (a) .................................................................. 15,379,333
259,330 HessMidstream,L.P.,ClassA(a)(e) .................................................................
171,190 Holly Energy Partners, L.P. (a) ........................................................................
7,613,929 3,202,965
326,819 Magellan Midstream Partners, L.P. (a) ................................................................ 15,971,644

185,000 MPLX, L.P ............................................................................................

6,071,700

764,020 Plains All American Pipeline, L.P. (a) .................................................................
8,228,495
304,480 Shell Midstream Partners, L.P. (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3,872,986

84,636,760

Total Master Limited Partnerships .................................................................. (Cost $82,908,641)

94,525,843

Total Investments - 122.6% ......................................................................... (Cost $181,266,783)

201,892,053

Number of ContractsDescriptionNotional AmountExerciseExpiration

Price

Date

ValueCALL OPTIONS WRITTEN - (0.6)%

(247)Enbridge,Inc ........................................ $ (1,044,069)$

40.00

02/18/22 (60,515)

(8,904) Energy Transfer, L.P . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3,039)KinderMorgan,Inc ..................................

(500)ONEOK,Inc ......................................... (836) PPL Corp . ...........................................

(8,521,128) (5,275,704) (3,034,000) (2,481,248)

9.00

02/18/22 (534,240)

17.00

03/18/22 (252,237)

62.50

03/18/22 (90,000)

31.00

02/18/22 (4,180)

Number of

ContractsCALL OPTIONS WRITTEN (Continued)

(432)UGICorp ............................................ $ (1,959,120)$

Value
(45,360)
Total Call Options Written ..........................................................................	(986,532)
(Premiums received $457,939)
Outstanding Loan - (24.5)% ........................................................................	(40,400,000)
Net Other Assets and Liabilities - 2.5% ............................................................	4,156,135

Notional Amount

ExerciseExpirationDescription

Price

Date

45.00

02/18/22 $

Net Assets - 100.0% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 164,661,656

(a) All or a portion of this security serves as collateral on the outstanding loan.

(b) All or a portion of this security's position represents cover for outstanding options written.
(c) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures adopted by the Fund's Board of Trustees and in accordance with provisions of the Investment Company Act of 1940, as amended. At January 31, 2022, the security noted as such is valued at $168,172 or 0.1% of net assets. The security is fair valued using a factor provided by a third-party pricing service due to the change in value between the foreign markets' close and the New York Stock Exchange close exceeding a certain threshold. On days when this threshold is not exceeded, the security is typically valued at the last sale price on the exchange on which it is principally traded.
(d) Non-income producing security.
(e) This security is taxed as a "C" corporation for federal income tax purposes.

ADR American Depositary Receipt

CAD Canadian Dollar

EUR Euro

Valuation Inputs

The Fund is subject to fair value accounting standards that define fair value, establish the framework for measuring fair value and provide a three-level hierarchy for fair valuation based upon the inputs to the valuation as of the measurement date. The three levels of the fair value hierarchy are as follows:

• Level 1 - Level 1 inputs are quoted prices in active markets for identical investments.
• Level 2 - Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments, valuations based on interest rates and yield curves, or valuations derived from observable market data.)
• Level 3 - Level 3 inputs are unobservable inputs that may reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing the investment.

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.

A summary of the inputs used to value the Fund's investments as of January 31, 2022 is as follows:Common Stocks:

ASSETS TABLE

Total Value at 1/31/2022

MasterLimitedPartnerships* ..............................

Independent Power & Renewable Electricity Producers . . . Otherindustrycategories* ................................

TotalInvestments ..........................................

$ 1,626,327 105,739,883 94,525,843 $ 201,892,053

LIABILITIES TABLETotal Value at 1/31/2022

Level 1 Quoted Prices

$ 1,458,155 105,739,883 94,525,843 $ 201,723,881

Level 2 Significant Observable

InputsLevel 3 Significant Unobservable

Inputs

$ 168,172 - - $ 168,172

$- - - $-

Level 1 Quoted Prices

Level 2 Significant Observable

InputsLevel 3 Significant Unobservable

Inputs

CallOptionsWritten .......................................

* See Portfolio of Investments for industry breakout.

(986,532)

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Disclaimer

First Trust New Opportunities MLP & Energy Fund published this content on 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 07:33:02 UTC.

Latest news about First Trust New Opportunities MLP & Energy Fund

First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distribution for the Period of February, March and April, Payable on February 15, 2024, March 15, 2024 and April 15, 2024	Jan. 22	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for November, December and January, Payable on November 15, 2023, December 15, 2023 and January 16, 2024 Respectively	23-10-23	CI
First Trust New Opportunities MLP & Energy Fund Appoints Bronwyn Wright as A Class III Trustee, Member of Audit Committee, Valuation Committee and the Nominating and Governance Committee	23-09-11	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for February, March and April 2023, Payable on February 15, 2023, March 15, 2023 and April 17, 2023, Respectively	23-01-23	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for November, December and January 2023 Payable on November 15, 2022, December 15, 2022 and January 17, 2023, Respectively	22-10-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for August, September and October, Payable on August 15, 2022, September 15, 2022 and October 17, 2022, Respectively	22-07-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for May, June and July	22-04-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for February, March and April, Payable on February 15, 2022, March 15, 2022, April 18, 2022, Respectively	22-01-20	CI
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	21-10-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for August, September and October, Payable on August 16, 2021, September 15, 2021 and October 15, 2021 Respectively	21-07-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for May, June and July	21-04-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for February, March and April 2021, Payable on Feb. 16, 2021, Mar. 15, 2021 and Apr. 15, 2021, Respectively	21-01-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Distributions for November 2020, December 2020 and January 2021	20-10-20	CI
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	20-07-20	CI
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	20-01-21	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for November, December 2019 and January 2020, Payable on November 15, 2019, December 16, 2019 and January 15, 2020 Respectively	19-10-21	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Distributions for the Months of August, September and October 2019, Payable on August 15, 2019, September 16, 2019 and October 15, 2019 Respectively	19-07-22	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Distributions for the Months of May, June and July 2019, Payable on May 15, 2019, June 17, 2019 and July 15, 2019 Respectively	19-04-22	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Distributions for the Months of February, March and April 2019, Payable on February 15, 2019, March 15, 2019 and April 15, 2019 Respectively	19-01-22	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions for November 2018, December 2018 and January 2019, Payable on November 15, 2018, December 17, 2018 and January 15, 2019 Respectively	18-10-22	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distribution, Payable on October 15, 2018	18-09-20	CI
First Trust New Opportunities MLP & Energy Fund Declares its Monthly Common Share Distribution, Payable on August 15, 2018	18-07-19	CI
First Trust New Opportunities MLP & Energy Fund Declares Distribution for the Month of July 2018, Payable on July 16, 2018	18-06-20	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distribution, Payable on June 15, 2018	18-05-21	CI
First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distribution for May 2018, Payable on May 15, 2018	18-04-19	CI

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Company Profile

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.

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Closed End Funds

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Sector Closed End Funds

	1st Jan change	Capi.
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND	+12.79%	191M
ARES CAPITAL CORPORATION	+2.90%	12.53B
SPROTT PHYSICAL URANIUM TRUST FUND	+10.40%	5.66B
FS KKR CAPITAL CORP.	-3.76%	5.38B
PIMCO DYNAMIC INCOME FUND	+7.80%	5.3B
SPROTT PHYSICAL SILVER TRUST	+10.77%	4.35B
SPROTT PHYSICAL GOLD AND SILVER TRUST	+14.15%	4.35B
MACQUARIE KOREA INFRASTRUCTURE FUND	+1.77%	4.07B
3I INFRASTRUCTURE PLC	+5.13%	3.91B
NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND	-2.36%	3.21B

Closed End Funds