FEI News and Press, First Trust MLP and Energy Income Fund of Beneficial Interest From 11/16/21

For midstream operators, managing energy consumption and modernizing assets present viable ways to drive immediate efficiencies and reduce emissions. While many midstream companies today are already incorporating renewable energy into their energy mix, scaling the use of renewable ene...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 5.30% last month. The index has increased by 84.08% since last October. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, increased by 1.32%...

With no dividend cuts this quarter and some companies resuming growth for the first time since the pandemic, midstream/MLP payouts seem to be garnering positive momentum. The combination of an improved macro backdrop, solid operational performance in 2021, significant free cash flow g...

With the Fed announcing its intent to taper asset purchases and the market expecting possible interest rate hikes as soon as 2022, investors have been looking for a way to find more income in an inflationary environment. While negative sentiment related to rising inflation or interest...

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are FPL, FEI and JRI. For further details see: The 'High-High-Low' Closed-End Fund Repor...

For midstream, the combination of steady cash flows backed by long-term contracts and a significant decline in growth capital spending is leading to robust FCF generation. The absolute improvement and positive trend in FCF yield for midstream screens favorably when compared to the bro...

OPEC+ plans to ramp up its production by 400,000 barrels per day (bpd) in November, sticking to its existing policy of a gradual output increase for the third month in a row, sending crude prices to 7-year highs. Kinder Morgan, Inc. has partnered with Neste, a renewable and circular s...

Rising rates emerged as one of Q3’s main concerns, as bond yields rose to levels not seen since earlier in the year. Latest headline inflation data is beginning to level off after the initial dramatic rise in the first half of 2021. Elevated inflation is filtering into the ...

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are FEI, FPL and AOD. For further details see: The 'High-High-Low' Closed-End Fund Repor...

Midstream companies are a great source of income and have rebounded with the recovery in energy prices. FEI offers a diversified portfolio of these companies along with electric utilities. The future of MLP firms is quite solid as these companies are likely to see growing volumes ...