XFPLX: First Trust New Opportunities MLP & Energy Fund - MutualFunds.com

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First Trust New Opps MLP & Energy

XFPLX - Snapshot

Vitals

  • YTD Return -49.6%
  • 3 Yr Annualized Return -20.4%
  • 5 Yr Annualized Return -10.8%
  • Net Assets $118 M
  • Holdings in Top 10 55.8%

52 WEEK LOW AND HIGH

$4.88
$3.01
$10.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.86%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 74.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Closed-end mutual fund
  • Investment Style Energy Limited Partnership

Compare XFPLX to Popular MLP Industry Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Alerian MLP ETF

AMLP | ETF |

$21.74

+1.40%

$3.01 B

18.07%

$3.88

153.65%

0.85%

$20.27

+0.65%

$1.69 B

4.69%

$0.95

-20.91%

0.95%

$2.70

+1.50%

$1.49 B

25.65%

$0.68

-48.08%

1.24%

$3.83

+1.06%

$1.49 B

18.62%

$0.71

-45.60%

0.95%

$7.48

+1.22%

$1.46 B

6.36%

$0.47

-40.02%

0.93%

XFPLX - Profile

Distributions

  • YTD Total Return -49.6%
  • 3 Yr Annualized Total Return -20.4%
  • 5 Yr Annualized Total Return -10.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust New Opportunities MLP & Energy Fund
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Mar 26, 2014
  • Shares Outstanding
    25715381
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Murchie

Fund Description

N/A


XFPLX - Performance

Return Ranking - Trailing

Period XFPLX Return Category Return Low Category Return High Rank in Category (%)
YTD -49.6% -87.8% 346.9% 88.03%
1 Yr -49.2% -88.9% 6.6% 79.72%
3 Yr -20.4%* -53.0% -0.2% 65.47%
5 Yr -10.8%* -35.9% 2.2% 54.03%
10 Yr N/A* -25.7% 4.6% N/A

* Annualized

Return Ranking - Calendar

Period XFPLX Return Category Return Low Category Return High Rank in Category (%)
2019 14.8% -87.2% 18.9% 6.06%
2018 -28.3% -83.3% -10.9% 89.43%
2017 -10.9% -59.9% -1.4% 34.26%
2016 14.6% -10.3% 459.2% 55.45%
2015 -42.1% -65.1% -1.2% 72.63%

Total Return Ranking - Trailing

Period XFPLX Return Category Return Low Category Return High Rank in Category (%)
YTD -49.6% -87.8% 182.8% 87.32%
1 Yr -49.2% -88.9% 6.6% 78.32%
3 Yr -20.4%* -53.0% -0.2% 64.03%
5 Yr -10.8%* -35.9% 2.2% 51.61%
10 Yr N/A* -25.7% 4.6% N/A

* Annualized

Total Return Ranking - Calendar

Period XFPLX Return Category Return Low Category Return High Rank in Category (%)
2019 14.8% -87.2% 18.9% 7.58%
2018 -28.3% -83.3% -9.4% 91.87%
2017 -10.9% -59.9% 0.4% 64.81%
2016 14.6% -10.3% 65.5% 75.25%
2015 -42.1% -65.1% -1.2% 73.68%

NAV & Total Return History


XFPLX - Holdings

Concentration Analysis

XFPLX Category Low Category High XFPLX % Rank
Net Assets 118 M 1.04 M 3.01 B 60.28%
Number of Holdings 67 15 154 4.72%
Net Assets in Top 10 90.1 M 167 K 2.35 B 66.14%
Weighting of Top 10 55.83% 35.8% 87.1% 74.58%

Top 10 Holdings

  1. Enterprise Products Partners LP 8.55%
  2. TC Pipelines LP 8.33%
  3. Magellan Midstream Partners LP 8.27%
  4. TC Energy Corp 7.93%
  5. ONEOK Inc 5.37%
  6. Energy Transfer LP 4.96%
  7. Public Service Enterprise Group Inc 4.85%
  8. Williams Companies Inc 4.69%
  9. Shell Midstream Partners LP 4.46%
  10. Plains All American Pipeline LP 4.21%

Asset Allocation

Weighting Return Low Return High XFPLX % Rank
Stocks
94.97% 20.46% 145.34% 84.38%
Cash
5.03% -45.34% 79.54% 9.45%
Preferred Stocks
0.00% 0.00% 10.78% 18.90%
Other
0.00% 0.00% 39.71% 12.60%
Convertible Bonds
0.00% 0.00% 6.00% 3.94%
Bonds
0.00% 0.00% 64.85% 17.19%

Stock Sector Breakdown

Weighting Return Low Return High XFPLX % Rank
Energy
62.55% 16.11% 100.00% 91.34%
Utilities
34.81% 0.00% 57.26% 6.30%
Basic Materials
2.51% 0.00% 8.62% 18.11%
Industrials
0.13% 0.00% 8.35% 21.26%
Technology
0.00% 0.00% 18.83% 12.60%
Real Estate
0.00% 0.00% 17.61% 9.45%
Healthcare
0.00% 0.00% 0.00% 3.94%
Financial Services
0.00% 0.00% 2.45% 9.45%
Communication Services
0.00% 0.00% 4.72% 7.09%
Consumer Defense
0.00% 0.00% 0.00% 3.94%
Consumer Cyclical
0.00% 0.00% 3.95% 7.09%

Stock Geographic Breakdown

Weighting Return Low Return High XFPLX % Rank
US
78.70% 20.46% 145.34% 53.54%
Non US
16.27% 0.00% 47.08% 40.94%

XFPLX - Expenses

Operational Fees

XFPLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.86% 0.40% 45.48% 22.31%
Management Fee 1.33% 0.40% 2.64% 93.10%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.25% 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 2.00% 2.00% 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 74.00% 13.00% 439.00% 85.16%

XFPLX - Distributions

Dividend Yield Analysis

XFPLX Category Low Category High XFPLX % Rank
Dividend Yield 0.00% 0.00% 36.43% 19.18%

Dividend Distribution Analysis

XFPLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

XFPLX Category Low Category High XFPLX % Rank
Net Income Ratio -0.90% -49.00% 5.74% 72.52%

Capital Gain Distribution Analysis

XFPLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

XFPLX - Fund Manager Analysis

Managers

James Murchie


Start Date

Tenure

Tenure Rank

Mar 27, 2014

6.52

6.5%

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

6.52

6.5%

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.

Linda Longville


Start Date

Tenure

Tenure Rank

Mar 27, 2014

6.52

6.5%

LINDA LONGVILLE is the Research Director and a Principal of Energy Income Partners. Ms. Longville has been with Energy Income Partners since its inception in 2003, including the time the Energy Income Partners investment team spent at Pequot Capital between December 2004 and July 2006. From April 2001 through September 2003, she was a Research Analyst for Lawhill Capital. Prior to Lawhill Capital, Ms. Longville held positions in finance and business development at British Petroleum, PLC and Advanced Satellite Communications, Inc. She has a BAS from Miami University (Ohio) and an MA from Case Western Reserve University.

Saul Ballesteros


Start Date

Tenure

Tenure Rank

Mar 27, 2014

6.52

6.5%

Saul Ballesteros joined EIP as a Principal in 2006. He is the Head of EIP’s Trading and Operations and a member of the EIP Investment Team. From 1999 to 2006, he was a Proprietary Trader in commodities for FPL Group, Inc. and Mirant Corporation. Prior to that, he was a Portfolio Manager at Enron Corporation from 1994 to 1999, and a Manager of Financial Planning at IBM from 1991 to 1994. He graduated from Duke University with a B.S. in 1986 and an M.B.A. from Northwestern University in 1991.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 16.6 6.34 10.51