Detail akcie FT New Op MLP&E-SBI online

Business Summary: 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.
Financial Summary: BRIEF: For the fiscal year ended 31 October 2023, First Trust New Opprtnts MLP & Engy Fd revenues increased 17% to $4.6M. Net income decreased 49% to $13.4M. Revenues reflect Interest increase from $13K to $274K. Net income was offset by Net change in unrealized Investments decrease from $12.7M (income) to $2.8M (expense), Net realized Deferred income tax benefit increase of 26% to $3.6M (expense).