FEI - First Trust MLP and Energy Income Fund of Beneficial Interest: 52-Week High Recently Eclipsed (FEI)
First Trust MLP and Energy Income Fund of Beneficial Interest (NYSE:FEI) traded today at a new 52-week high of $8.29. Approximately 78,000 shares have changed hands today, as compared to an average 30-day volume of 174,000 shares.
Over the past year, First Trust MLP and Energy Income Fund of Beneficial Interest has traded in a range of $4.50 to $8.29 and is now at $8.27, 84% above that low.
First Trust MLP and Energy Income Fund is a closed-end management investment company. Its focus is on investing in the publicly traded master limited partnerships(MLP) related entities, and other companies in the energy sector and energy utility industries. Its investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders.
Potential upside of 0.8% exists for First Trust MLP and Energy Income Fund of Beneficial Interest, based on a current level of $8.27 and analysts' average consensus price target of $8.33.
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