FPL Group Inc.

Published : April 20th, 2015

First Trust New Opportunities MLP & Energy Fund Declares its Monthly Common Share Distribution of $0.1017 Per Share for May

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

First Trust New Opportunities MLP & Energy Fund Declares its Monthly Common Share Distribution of $0.1017 Per Share for May

WHEATON, Ill.--(BUSINESS WIRE)--

First Trust New Opportunities MLP & Energy Fund (the "Fund") (FPL) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1017 per share payable on May 15, 2015, to shareholders of record as of May 5, 2015. The ex-dividend date is expected to be May 1, 2015. The monthly distribution information for the Fund appears below.

First Trust New Opportunities MLP & Energy Fund (FPL):

         
Distribution per share: $0.1017
Distribution rate based on the April 17, 2015 NAV of $19.41: 6.29%
Distribution rate based on the April 17, 2015 closing market price of $17.39: 7.02%
 

It is anticipated that, due to the tax treatment of cash distributions made by master limited partnerships (“MLPs”) in which the Fund invests, a portion of the distributions the Fund makes to Common Shareholders may consist of a tax-deferred return of capital. The final determination of the source and tax status of all 2015 distributions will be made after the end of 2015.

The Fund is a non-diversified, closed-end management investment company that seeks a high level of total return with an emphasis on current distributions paid to common shareholders. The Fund will seek to provide its common shareholders with a vehicle to invest in a portfolio of cash-generating securities, with a focus on investing in publicly traded MLPs and MLP-related entities in the energy sector and energy utilities industries that are weighted towards non-cyclical, fee-for-service revenues. Under normal market conditions, the Fund will invest at least 85% of its Managed Assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utilities companies that the Fund’s Sub-Advisor believes offer opportunities for growth and income.

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 $114 billion as of March 31, 2015, 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 March 31, 2015, EIP managed or supervised approximately $5.9 billion in client assets.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

Principal Risk Factors: Investment in this Fund involves no operating history risk, 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, delay in investing the proceeds risk, equity securities risk, risks associated with an investment in initial public offerings, 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, inflation risk and secondary market for the fund’s common shares. The risks of investing in the Fund are spelled out in the shareholder reports and other regulatory filings.

The Fund’s daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling 1-800-988-5891.

Read the rest of the article at finance.yahoo.com

FPL Group Inc.

CODE : FPL
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

FPL is based in United states of america.

FPL is listed in Germany and in United States of America. Its market capitalisation is US$ 3.2 billions as of today (€ 3.0 billions).

Its stock quote reached its highest recent level on September 14, 2018 at US$ 9.99, and its lowest recent point on April 25, 2024 at US$ 7.75.

FPL has 413 690 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate news of FPL Group Inc.
1/20/2016First Trust New Opportunities MLP & Energy Fund Declares its...
12/21/2015First Trust New Opportunities MLP & Energy Fund Declares its...
11/26/2015An Overview of FEX’s Alpha Holdings
11/26/2015Why Did FEX’s Fund Inflow Decrease in 2015?
11/18/2015How Does Cheetah Mobile Compare to Its Peers?
11/9/2015The Zacks Analyst Blog Highlights: Amazon, Market Vectors Re...
11/6/2015Taking a Closer Look at McDonald’s 3Q15 Results: Some Concer...
11/6/2015Liberal Interpretation Of IPO Helps This ETF Enjoy Facebook'...
11/5/2015Swedroe: Dividends An Illogical Preference
11/3/2015How Does SS&C Technologies Compare to Its Peers?
10/29/2015How Has Vantiv Performed in a Competitive Market?
10/22/2015How Has Carlisle Performed Compared to Its Peers?
10/21/2015Focus 5 ETF Focuses On Massive Asset Growth
10/20/2015First Trust New Opportunities MLP & Energy Fund Declares its...
9/21/2015First Trust New Opportunities MLP & Energy Fund Increases it...
9/18/2015How Does Herman Miller Compare to Its Peers?
9/9/2015Cooper Companies Shows Strong Relative Earnings Compared to ...
8/20/2015First Trust New Opportunities MLP & Energy Fund Declares its...
8/19/2015First Trust: A Smart Beta Fund with a Strong Performance
8/16/2015Oil, Retail And More: This Week's ETFs To Watch
8/10/2015Leveraged Gold Miners ETFs To Host Reverse Split Party
8/6/2015Why This Gas ETF Is Getting Smoked
7/30/2015Even With Recent Declines, Investors Still Love Biotech ETFs
7/29/2015Portfolio Manager Update Call – 7/29/2015
7/29/2015First Trust Advisors L.P. Announces Portfolio Manager Call f...
7/20/2015First Trust New Opportunities MLP & Energy Fund Declares its...
6/22/2015First Trust New Opportunities MLP & Energy Fund Increases it...
4/20/2015First Trust New Opportunities MLP & Energy Fund Declares its...
3/19/2015First Trust New Opportunities MLP & Energy Fund Increases it...
2/19/2015First Trust New Opportunities MLP & Energy Fund Declares its...
2/12/2015Portfolio Manager Update Call – 2/12/2015
2/12/2015First Trust Advisors L.P. Announces Portfolio Manager Call f...
1/20/2015First Trust New Opportunities MLP & Energy Fund Declares its...
12/22/2014First Trust New Opportunities MLP & Energy Fund Declares its...
11/20/2014First Trust New Opportunities MLP & Energy Fund Declares its...
10/20/2014First Trust New Opportunities MLP & Energy Fund Declares its...
9/22/2014First Trust New Opportunities MLP & Energy Fund Declares its...
8/20/2014First Trust New Opportunities MLP & Energy Fund Declares its...
7/28/2014First Trust Advisors L.P. Announces Portfolio Manager Call f...
4/30/2014First Trust New Opportunities MLP & Energy Fund Declares its...
9/13/2013NextEra Energy, FPL's parent company, announces new employee...
11/16/2009Rate Proposal Will Ensure Needed Investment in Electrical In...
12/2/2008Here Comes the Sun! FPL's Next Generation Solar Energy Cente...
5/23/2008Present at the 2008 Deutsche Bank Conference
5/23/2008Chairman Tells Shareholders That Company is Well Positioned ...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
NYSE (FPL)FRANKFURT (FP3.F)
7.75+0.26%61.87-0.88%
NYSE
US$ 7.75
04/25 17:00 0.020
0.26%
Prev close Open
7.73 7.74
Low High
7.70 7.76
Year l/h YTD var.
6.65 -  7.75 13.30%
52 week l/h 52 week var.
5.73 -  7.75 31.36%
Volume 1 month var.
27,260 3.33%
24hGold TrendPower© : 12
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202421.57%
20235.37%6.495.16
202210.60%6.775.35
202128.10%6.264.20
2020-54.33%9.632.60
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :