FEI News and Press, First Trust MLP and Energy Income Fund of Beneficial Interest From 12/31/23

2023-12-31 07:00:00 ET Summary The EIA's Short Term Energy Outlook (STEO) predicts an increase in World C+C output in the 4th quarter of 2023, followed by a decrease in 2024 Q1. OPEC's forecast for World liquids demand in 2023 and 2024 is significantly higher than the EIA's foreca...

2023-12-28 09:28:20 ET Summary Tortoise Energy Infrastructure Corporation is a closed-end fund that provides access to a diversified portfolio of pipeline operators and renewable energy producers. The TYG closed-end fund offers a higher yield of 9.92% compared to other energy infr...

2023-12-27 08:00:00 ET Summary Midstream/MLPs have outperformed the broader energy sector so far this year as weaker commodity prices weighed on other energy subsectors. Performance within midstream has varied, with MLPs largely outpacing their C-Corp counterparts. Looking to ...

2023-12-18 01:24:15 ET Summary First Trust Energy Infrastructure Fund's discount has narrowed due to its expected merger into an exchange-traded fund structure, which eliminates the potential for material discounts in the future. The fund's performance has been strong thanks to th...

2023-12-07 13:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-29 08:00:00 ET Summary Winter weather can be a significant wildcard for natural gas prices, with last year’s warm weather contributing to weak natural gas prices in 2023. Despite weaker prices, natural gas production has continued to climb, creating growth opportuni...

2023-11-28 12:14:50 ET Summary First Trust MLP and Energy Income Fund Common is a top-performing MLP/midstream CEF. A proposed ETF conversion offers arbitrage opportunity for FEI investors. The merger is expected to eliminate the CEF discount and provide an opportunity for inv...

2023-11-15 08:00:00 ET Summary Six constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $745 million on equity repurchases in 3Q23. Corporations were more active with buybacks this quarter than MLPs, in keeping with the trend for 2023. Buybacks rema...

2023-11-12 03:26:52 ET Summary We review CEF market valuation and performance through the first week of November and highlight recent market action. CEFs experienced a rebound with all sectors rallying. REITs were in the lead with a nearly 14% gain. Several First Trust Energy/...

2023-11-09 13:36:42 ET Summary The Tortoise Midstream Energy Fund offers a solution for including midstream energy companies in tax-advantaged retirement accounts without tax problems. The NTG closed-end fund has a decent performance, with a 0.37% increase in share price since my ...