First Trust MLP and Energy Income Fund (FEI)
9.81
+0.02
(+0.20%)
USD |
NYSE |
Apr 25, 16:00
9.80
-0.01
(-0.10%)
Pre-Market: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
2.83% | -1.31% | 449.58M | 121803.5 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
0.66% | 34.00% | 2.443M | Upgrade |
Basic Info
Investment Strategy | |
The Fund seeks a high level of total return with an emphasis on current distributions though investing in MLPs in the energy sector. Under normal market conditions, the Fund will invest at least 85% of its Managed Assets in equity and debt securities of MLPs. The Fund may invest up to 20% of its Assets in unregistered or restricted securities. The Fund may invest up to 30% of its Assets in non-U.S. securities and may hedge the currency risk using derivative instruments. The Fund currently expects to write (or sell) covered call options on up to 35% of its Assets. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Sector Equity |
Broad Category | Equity |
Category Name | Energy Limited Partnership |
Category Index | Morningstar MLP Composite TR USD |
Global Category Name | Energy Sector Equity |
YCharts Categorization | Energy Equity |
YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
Alerian MLP TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSWNTR | 100.0% |
Manager Tenure | |
Eva Pao | 11.35 yrs |
James Murchie | 11.35 yrs |
John Tysseland | 2.27 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
Investment Strategy | |
The Fund seeks a high level of total return with an emphasis on current distributions though investing in MLPs in the energy sector. Under normal market conditions, the Fund will invest at least 85% of its Managed Assets in equity and debt securities of MLPs. The Fund may invest up to 20% of its Assets in unregistered or restricted securities. The Fund may invest up to 30% of its Assets in non-U.S. securities and may hedge the currency risk using derivative instruments. The Fund currently expects to write (or sell) covered call options on up to 35% of its Assets. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Sector Equity |
Broad Category | Equity |
Category Name | Energy Limited Partnership |
Category Index | Morningstar MLP Composite TR USD |
Global Category Name | Energy Sector Equity |
YCharts Categorization | Energy Equity |
YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
Alerian MLP TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSWNTR | 100.0% |
Manager Tenure | |
Eva Pao | 11.35 yrs |
James Murchie | 11.35 yrs |
John Tysseland | 2.27 yrs |