First Trust Advisors L.P. (“FTA”) announced today that First
Trust Energy Income and Growth Fund (NYSE MKT: FEN), First Trust
Energy Infrastructure Fund (NYSE: FIF), First Trust MLP and Energy
Income Fund (NYSE: FEI) and First Trust New Opportunities MLP &
Energy Income Fund (NYSE: FPL) intend to host a conference call
with Energy Income Partners, LLC (“EIP”), the Funds’ investment
sub-advisor, on Monday, August 11, 2014,
at 3:15 P.M. Central Time. The purpose of the call is to
hear the Funds’ portfolio management team provide an update for
each Fund.
-- Dial-in Number: (866) 865-6631; International (706)
679-1727; and Passcode # 74650631. Please call 10 to 15 minutes
before the scheduled start of the teleconference. --
Telephone Replay: (855) 859-2056; International (404) 537-3406; and
Passcode # 74650631. The replay will be available after the call
until 11:59 P.M. Eastern Time on Thursday, September 11, 2014.
If you have questions about the Funds that you would like
answered on the call, please email your questions to
cefquestions@ftadvisors.com and refer to EIP by Thursday, August 7,
2013, 6:00 P.M. Eastern Time.
First Trust Advisors L.P., the Fund’s investment advisor, along
with its affiliate, First Trust Portfolios L.P., are privately-held
companies which provide a variety of investment services, including
asset management and financial advisory services, with collective
assets under management or supervision of approximately $98 billion
as of June 30, 2014, through unit investment trusts,
exchange-traded funds, closed-end funds, mutual funds and separate
managed accounts.
Energy Income Partners, LLC (“EIP”) serves as the Fund’s
investment sub-advisor and provides advisory services to a number
of investment companies and partnerships for the purpose of
investing in MLPs and other energy infrastructure securities. EIP
is one of the early investment advisors specializing in this area.
As of June 30, 2014, EIP managed or supervised approximately $5.8
billion in client assets.
Past performance is no assurance of future results. Investment
return and market value of an investment in the Funds will
fluctuate. Shares, when sold, may be worth more or less than their
original cost.
The Funds are designed for long-term investing and not as a
vehicle for trading. Shares of closed-end investment companies
frequently trade at a discount from their net asset value (“NAV”).
The Funds cannot predict whether or when its common shares will
trade at, below or above NAV or at, below or above the initial
public offering price.
An investment in securities issued by MLPs, MLP-related entities
and energy companies entails risks, including fluctuations in
energy prices, decreases in the supply of or demand for energy
commodities, increased government regulation, natural disasters,
and various other risks.
FEN Risk Considerations:
Principal Risk Factors: The Fund is subject to various risks,
including: investment and market risk, energy sector risk,
commodity pricing risk, depletion and exploration risk, regulatory
risk, interest rate risk, affiliated party risk, catastrophe risk,
terrorism/market disruption risk, MLP risk, cash flow risk, tax
risk, equity securities risk, leverage risk, derivatives risk,
portfolio turnover risk, restricted securities risk, liquidity
risk, valuation risk, below investment grade securities risk,
non-diversification, anti-takeover provisions, market discount from
net asset value, inflation risk, currency risk, and non-U.S.
risk.
FIF Risk Considerations:
Principal Risk Factors: The Fund is subject to various risks,
including investment and market risk, management risk, current
economic conditions, credit crisis liquidity and volatility risk,
fixed-income securities risk, which includes issuer risk, interest
rate risk, prepayment risk and reinvestment risk, credit and
below-investment grade securities risk, short-selling risk,
valuation risk, non-U.S. securities risk, emerging markets risk,
leverage risk, derivatives risk, credit default swaps risk,
non-U.S. government debt securities risk, distressed securities
risk, counterparty and prime brokerage risk, market discount from
net asset value risk, illiquid/restricted securities risk, market
disruption and geopolitical risk, inflation/deflation risk,
portfolio turnover risk, anti-takeover provisions risk, common
stock risk, currency risk, and qualified dividend income tax
risk.
FEI Risk Considerations:
Principal Risk Factors: The Fund is subject to various risks,
including investment and market risk, market discount from net
asset value risk, management risk and reliance on key personnel,
potential conflicts of interest risk, investment concentration risk
which includes commodity pricing risk, supply and demand risk,
depletion and exploration risk, regulatory risk, interest rate
risk, affiliated party risk, catastrophe risk, terrorism/market
disruption risk, MLP risks, industry specific risk, cash flow risk,
MLP and deferred tax risk, non-U.S. securities risk, currency risk,
Canadian income equities risk, debt securities risk, prepayment
risk, below investment-grade securities risk, leverage risk,
derivatives risk, covered call options risk, equity securities
risk, credit default swaps risk, portfolio turnover risk,
competition risk, restricted securities risk, liquidity risk,
valuation risk, non-diversification risk, anti-takeover provisions
risk, and inflation risk.
FPL Risk Considerations:
The Fund is subject to risks, including the fact that it is a
newly organized, non-diversified closed-end management investment
company with no operating history. Principal Risk Factors: The Fund
is subject to various risks, including investment and market risk,
market discount from net asset value risk, management risk and
reliance on key personnel, potential conflicts of interest risk,
MLP risks, investment concentration risk, industry specific risk,
energy utilities companies risk, cash flow risk, MLP and deferred
tax risk, tax law change risk, non-U.S. securities risk, equity
securities risk, Canadian income equities risk, debt securities
risk, below investment grade securities risk, leverage risk,
covered call options risk, interest rate swaps risk, competition
risk, restricted securities risk, liquidity risk, valuation risk,
interest rate risk, recent market and economic developments risk,
non-diversification risk, anti-takeover provisions risk, and
inflation risk.
The risks of investing in each Fund are spelled out in the
prospectus, shareholder reports and other regulatory filings.
The Funds’ daily closing prices and net asset values per share
as well as other information can be found at www.ftportfolios.com or by calling
(800) 988-5891.
First Trust Advisors L.P.Jeff Margolin - (630) 915-6784
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