First Trust New Opportunities MLP & Energy Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.8%
1 yr return
11.2%
3 Yr Avg Return
8.4%
5 Yr Avg Return
-4.8%
Net Assets
$187 M
Holdings in Top 10
51.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.34%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 126.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XFPLX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 8.4%
- 5 Yr Annualized Total Return -4.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.13%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFirst Trust New Opportunities MLP & Energy Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateMar 31, 2014
-
Shares Outstanding24720592
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Murchie
Fund Description
XFPLX - Performance
Return Ranking - Trailing
Period | XFPLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 3.7% | 19.5% | 99.05% |
1 Yr | 11.2% | 7.4% | 41.8% | 97.14% |
3 Yr | 8.4%* | 5.1% | 35.3% | 95.05% |
5 Yr | -4.8%* | -7.7% | 33.5% | 97.78% |
10 Yr | -4.3%* | -6.3% | 11.4% | 96.61% |
* Annualized
Return Ranking - Calendar
Period | XFPLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -14.9% | 18.2% | 66.36% |
2022 | 12.6% | -7.0% | 29.9% | 72.12% |
2021 | 19.0% | 4.2% | 55.3% | 85.58% |
2020 | -46.2% | -57.4% | 155.1% | 91.26% |
2019 | 14.8% | -8.9% | 20.8% | 7.61% |
Total Return Ranking - Trailing
Period | XFPLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 3.7% | 19.5% | 99.05% |
1 Yr | 11.2% | 7.4% | 41.8% | 97.14% |
3 Yr | 8.4%* | 5.1% | 35.3% | 95.05% |
5 Yr | -4.8%* | -7.7% | 33.5% | 97.78% |
10 Yr | -4.3%* | -6.3% | 11.4% | 96.61% |
* Annualized
Total Return Ranking - Calendar
Period | XFPLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -9.3% | 25.5% | 90.65% |
2022 | 12.6% | -1.2% | 38.8% | 89.42% |
2021 | 19.0% | 11.1% | 56.2% | 97.12% |
2020 | -46.2% | -53.9% | 155.1% | 97.09% |
2019 | 20.2% | -3.4% | 34.1% | 8.70% |
NAV & Total Return History
XFPLX - Holdings
Concentration Analysis
XFPLX | Category Low | Category High | XFPLX % Rank | |
---|---|---|---|---|
Net Assets | 187 M | 22 M | 53.1 B | 75.65% |
Number of Holdings | 69 | 16 | 175 | 7.34% |
Net Assets in Top 10 | 105 M | 19.6 M | 3.1 B | 76.15% |
Weighting of Top 10 | 51.33% | 40.8% | 111.7% | 93.58% |
Top 10 Holdings
- Magellan Midstream Partners LP 7.82%
- Enterprise Products Partners LP 7.53%
- TC Pipelines LP 7.42%
- Cheniere Energy Partners LP 6.13%
- Energy Transfer LP 5.76%
- TC Energy Corp 5.41%
- Williams Companies Inc 4.69%
- Shell Midstream Partners LP 4.46%
- AltaGas Ltd 4.19%
- Plains All American Pipeline LP 4.03%
Asset Allocation
Weighting | Return Low | Return High | XFPLX % Rank | |
---|---|---|---|---|
Stocks | 98.24% | 53.33% | 133.88% | 64.22% |
Cash | 1.76% | -58.21% | 13.58% | 40.37% |
Preferred Stocks | 0.00% | 0.00% | 2.34% | 52.29% |
Other | 0.00% | -36.30% | 4.52% | 39.45% |
Convertible Bonds | 0.00% | 0.00% | 5.29% | 47.71% |
Bonds | 0.00% | -0.01% | 44.12% | 47.71% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XFPLX % Rank | |
---|---|---|---|---|
Energy | 66.86% | 53.73% | 100.00% | 96.33% |
Utilities | 30.01% | 0.00% | 41.78% | 4.59% |
Basic Materials | 2.62% | 0.00% | 6.40% | 10.09% |
Industrials | 0.44% | 0.00% | 4.54% | 25.69% |
Technology | 0.08% | 0.00% | 2.43% | 21.10% |
Real Estate | 0.00% | 0.00% | 3.96% | 47.71% |
Healthcare | 0.00% | 0.00% | 0.00% | 46.79% |
Financial Services | 0.00% | 0.00% | 0.66% | 48.62% |
Communication Services | 0.00% | 0.00% | 0.00% | 46.79% |
Consumer Defense | 0.00% | 0.00% | 0.82% | 46.79% |
Consumer Cyclical | 0.00% | 0.00% | 13.46% | 52.29% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XFPLX % Rank | |
---|---|---|---|---|
US | 83.99% | 48.92% | 132.40% | 74.31% |
Non US | 14.25% | 0.00% | 26.09% | 18.35% |
XFPLX - Expenses
Operational Fees
XFPLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.34% | 0.35% | 8.81% | 43.52% |
Management Fee | 1.26% | 0.35% | 1.38% | 95.65% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
XFPLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
XFPLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XFPLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 126.00% | 6.00% | 166.00% | 93.20% |
XFPLX - Distributions
Dividend Yield Analysis
XFPLX | Category Low | Category High | XFPLX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 17.03% | 90.43% |
Dividend Distribution Analysis
XFPLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
XFPLX | Category Low | Category High | XFPLX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.13% | -6.38% | 9.57% | 54.63% |
Capital Gain Distribution Analysis
XFPLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 17, 2019 | $0.075 | OrdinaryDividend |
May 15, 2019 | $0.075 | OrdinaryDividend |
Apr 15, 2019 | $0.075 | OrdinaryDividend |
Mar 15, 2019 | $0.075 | OrdinaryDividend |
Feb 15, 2019 | $0.075 | OrdinaryDividend |
Jan 15, 2019 | $0.075 | OrdinaryDividend |
Dec 17, 2018 | $0.075 | OrdinaryDividend |
Nov 15, 2018 | $0.075 | OrdinaryDividend |
Oct 15, 2018 | $0.075 | OrdinaryDividend |
Sep 17, 2018 | $0.075 | OrdinaryDividend |
Aug 15, 2018 | $0.105 | OrdinaryDividend |
Jul 16, 2018 | $0.105 | OrdinaryDividend |
Jun 15, 2018 | $0.105 | OrdinaryDividend |
May 15, 2018 | $0.105 | OrdinaryDividend |
Apr 16, 2018 | $0.105 | OrdinaryDividend |
Mar 15, 2018 | $0.105 | OrdinaryDividend |
Feb 15, 2018 | $0.105 | OrdinaryDividend |
Jan 16, 2018 | $0.105 | OrdinaryDividend |
Dec 15, 2017 | $0.105 | OrdinaryDividend |
Nov 15, 2017 | $0.105 | OrdinaryDividend |
Oct 16, 2017 | $0.105 | OrdinaryDividend |
Sep 15, 2017 | $0.105 | OrdinaryDividend |
Aug 15, 2017 | $0.105 | OrdinaryDividend |
Jul 17, 2017 | $0.105 | OrdinaryDividend |
Jun 15, 2017 | $0.105 | OrdinaryDividend |
May 15, 2017 | $0.105 | OrdinaryDividend |
Apr 17, 2017 | $0.105 | OrdinaryDividend |
Mar 15, 2017 | $0.105 | OrdinaryDividend |
Feb 15, 2017 | $0.105 | OrdinaryDividend |
Jan 17, 2017 | $0.105 | OrdinaryDividend |
Dec 12, 2016 | $0.105 | OrdinaryDividend |
Nov 15, 2016 | $0.105 | OrdinaryDividend |
Oct 17, 2016 | $0.105 | OrdinaryDividend |
Sep 15, 2016 | $0.105 | OrdinaryDividend |
Aug 15, 2016 | $0.105 | OrdinaryDividend |
Jul 15, 2016 | $0.105 | OrdinaryDividend |
Jun 15, 2016 | $0.105 | OrdinaryDividend |
May 16, 2016 | $0.105 | OrdinaryDividend |
Apr 15, 2016 | $0.105 | OrdinaryDividend |
Mar 15, 2016 | $0.105 | OrdinaryDividend |
Feb 16, 2016 | $0.105 | OrdinaryDividend |
Jan 15, 2016 | $0.105 | OrdinaryDividend |
Dec 10, 2015 | $0.105 | OrdinaryDividend |
Nov 16, 2015 | $0.105 | OrdinaryDividend |
Oct 15, 2015 | $0.105 | OrdinaryDividend |
Sep 15, 2015 | $0.103 | OrdinaryDividend |
Aug 17, 2015 | $0.103 | OrdinaryDividend |
Jul 15, 2015 | $0.103 | OrdinaryDividend |
Jun 15, 2015 | $0.102 | OrdinaryDividend |
May 15, 2015 | $0.102 | OrdinaryDividend |
Apr 15, 2015 | $0.102 | OrdinaryDividend |
Mar 16, 2015 | $0.100 | OrdinaryDividend |
Feb 17, 2015 | $0.100 | OrdinaryDividend |
Jan 15, 2015 | $0.100 | OrdinaryDividend |
Dec 10, 2014 | $0.100 | OrdinaryDividend |
Nov 17, 2014 | $0.100 | OrdinaryDividend |
Oct 15, 2014 | $0.100 | OrdinaryDividend |
Sep 15, 2014 | $0.100 | OrdinaryDividend |
Aug 15, 2014 | $0.100 | OrdinaryDividend |
Jul 15, 2014 | $0.100 | OrdinaryDividend |
Jun 16, 2014 | $0.100 | OrdinaryDividend |
XFPLX - Fund Manager Analysis
Managers
James Murchie
Start Date
Tenure
Tenure Rank
Mar 27, 2014
8.18
8.2%
James Murchie co-founded EIP in 2003 with Linda Longville and Eva Pao. He is the President, CEO and Co-Portfolio Manager of EIP’s Funds and products which seek to focus on high-payout energy infrastructure securities such as Master Limited Partnerships (MLPs), MLP affiliates, Utilities, Yield Corporations (YieldCos) and Energy Infrastructure Real Estate Investment Trusts (REITs). From late 2004 to mid-2006, while the EIP investment team was affiliated with Pequot Capital Management, Mr. Murchie served as a Managing Director. In July 2006, EIP re-established its independence. In 1998, he founded Lawhill Capital where he managed a long/short equity fund that invested in energy and cyclical equities and commodities until 2003. From 1995 to 1997, he was a Managing Director at Tiger Management where his primary responsibility was investments in energy, commodities and related equities. From 1990-1995, Mr. Murchie was a Principal at Sanford C. Bernstein where he was a top-ranked energy analyst and sat on the Research Department’s Recommendation Review Committee. Before joining Bernstein, he spent 8 years at British Petroleum in 7 operating and staff positions of increasing responsibility. He has served on the board of Clark Refining and Marketing Company and as President and Treasurer of the Oil Analysts Group of New York. Mr. Murchie received a B.A. from Rice University in 1979 and an M.A. in Energy Planning from Harvard University in 1982
Eva Pao
Start Date
Tenure
Tenure Rank
Mar 27, 2014
8.18
8.2%
Eva Pao is a Co-Founder and Co-Portfolio Manager of EIP’s Funds and products. Eva Pao co-founded EIP in 2003, serving as Managing Director of EIP until the EIP investment team joined Pequot Capital Management. Ms. Pao served as Vice President of Pequot Capital Management from 2005 to mid-2006. Prior to Harvard Business School, Ms. Pao was a Manager at Enron Corp. where she managed a portfolio in Canadian oil and gas equities for Enron’s internal hedge fund that specialized in energy-related equities and managed a natural gas trading book. She received a B.A. from Rice University in 1996. She received an M.B.A. from the Harvard Business School in 2002.
John Tysseland
Start Date
Tenure
Tenure Rank
Dec 09, 2021
0.47
0.5%
John Tysseland is a Principal and Co-Portfolio Manager of EIP’s Funds and products. From 2005 to 2014, he worked at Citi Research most currently serving as a Managing Director where he covered midstream energy companies and MLPs. From 1998 to 2005, he worked at Raymond James & Associates as a Vice President who covered the oilfield service industry and established the firm’s initial coverage of MLPs in 2001. Prior to that, he was an Equity Trader at Momentum Securities from 1997 to 1998 and an Assistant Executive Director at Sumar Enterprises from 1996 to 1997. He graduated from The University of Texas at Austin in 1996 with a BA in economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 15.78 | 7.75 | 12.18 |