FEI - Shares of First Trust MLP and Energy Income Fund of Beneficial Interest (FEI) Exceed 52-Week High
Shares of First Trust MLP and Energy Income Fund of Beneficial Interest (NYSE:FEI) traded at a new 52-week high today of $7.37. Approximately 102,000 shares have changed hands today, as compared to an average 30-day volume of 166,000 shares.
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.
First Trust MLP and Energy Income Fund of Beneficial Interest (NYSE:FEI) has potential upside of 0.7% based on a current price of $7.36 and analysts' consensus price target of $7.41.
Over the past year, First Trust MLP and Energy Income Fund of Beneficial Interest has traded in a range of $4.50 to $7.37 and is now at $7.36, 64% above that low.
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