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home / news releases / FPL - Opportunity And Risk In MIE's Liquidation Proposal

FPL - Opportunity And Risk In MIE's Liquidation Proposal

First Trust New Opportunities MLP & Energy Fund of Beneficial Interest
  • Cohen & Steers proposes liquidation of MIE, an underperforming MLP/midstream fund.
  • The proposal requires a shareholder vote, but the market appears to be pricing in a positive outcome.
  • Opportunity and risk remain for investors of MIE.

For further details see:

Opportunity And Risk In MIE's Liquidation Proposal
Stock Information
Company Name: First Trust New Opportunities MLP & Energy Fund of Beneficial Interest
Stock Symbol: FPL
Market: NYSE
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