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home / news releases / FPL - MIE: Liquidation Nears Some Alpha Remains

FPL - MIE: Liquidation Nears Some Alpha Remains

First Trust New Opportunities MLP & Energy Fund of Beneficial Interest
  • MIE's liquidation has been approved by shareholders.
  • Nearly 2% alpha remains with under 2 weeks to go.
  • Existing holders can simply wait for the liquidation distribution.
  • Suggestions for alternative MLP/midstream CEF exposure.

For further details see:

MIE: Liquidation Nears, Some Alpha Remains
Stock Information
Company Name: First Trust New Opportunities MLP & Energy Fund of Beneficial Interest
Stock Symbol: FPL
Market: NYSE
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