FPL News and Press, First Trust New Opportunities MLP & Energy Fund of Beneficial Interest From 06/22/21

DSE is merging with VLPIX, an open-ended mutual fund. The approval was a positive event for shareholders who can cash out at NAV. Suggested replacements for those looking for a CEF wrapper for MLP/midstream exposure. For further details see: DSE Shareholders Will Own VLP...

2021 has been a fairly exciting year with the indexes racing ever higher. Some volatility has created only short-term panics, mostly in the tech space. Energy and financials lead the way higher. For further details see: Income Ideas: 2021 Check-Up

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 7.10% last month. The index has increased by 45.19% since last April. The current yield on MLPs stands at 8.52%. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color ...

First Trust New Opportunities MLP & Energy Fund of Beneficial Interest (NYSE:FPL) traded today at a new 52-week high of $5.79. So far today approximately 145,000 shares have been exchanged, as compared to an average 30-day volume of 140,000 shares. First Trust New Opportunities MLP &...

The classic definition of an optimist was the kid who found horse manure under the Christmas tree and immediately asked, "Wow, where's the pony?" Fortunately for Income Factory investors, the "pony" - in the form of an income stream that grows even faster when market prices drop - is ...

President Biden supports raising the corporate tax rate from 21% to 28%, and the Biden Administration has also proposed raising the income tax rate for the highest earners from 37% to 39.6% and increasing the rate on capital gains and dividends from 20% to 39.6% for those with annual inco...

Cost management and asset optimization helped partially offset macro headwinds in 2020, contributing to stable EBITDA and allowing excess cash flow to be used for debt reduction and in some cases, buybacks. While controlling costs helped many companies navigate market headwinds, some ...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 8.33% last month. The index has increased by 100.36% since last March. The current yield on MLPs stands at 9.04%. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color...

First Trust New Opportunities MLP & Energy Fund (the "Fund") (NYSE: FPL) has declared the Fund’s monthly common share distributions for May, June and July of $0.0375 per share for each month. The payable, record and expected ex-dividend dates, as well as the distribution ...

Private equity activity in midstream has served as a catalyst for the space in the past, and a more stable macro environment could lead to additional transactions in 2021 after a relatively quiet 2020. Thus far in 2021, there have been some examples of private equity purchasing non-co...