First Trust New Opportunities MLP & Energy Fund Declares Monthly Distributions for the Months of August, September and October 2019, Payable on August 15, 2019, September 16, 2019 and October 15, 2019 Respectively
July 22, 2019 at 04:42 pm EDT
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First Trust New Opportunities MLP & Energy Fund declared the fund’s monthly common share distributions for August, September and October 2019 of $0.075 per share for each month. Payable dates are August 15, 2019, September 16, 2019 and October 15, 2019 respectively. Record dates are August 02, 2019, September 04, 2019 and October 02, 2019 respectively. Expected ex-dividend dates are August 01, 2019, September 03, 2019 and October 01, 2019 respectively.
First Trust New Opportunities MLP & Energy Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders. The Fund seeks 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 master limited partnerships (MLPs), MLP-related entities and other companies in the energy sector and energy utility industries. The Fund, under normal market conditions, invests at least 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utility companies that Energy Income Partners, LLC (the Sub-Advisor) believes offer opportunities for growth and income. The Fund invests in various industries, including natural gas transmission. The Fund's investment advisor is First Trust Advisors L.P.
First Trust New Opportunities MLP & Energy Fund Declares Monthly Distributions for the Months of August, September and October 2019, Payable on August 15, 2019, September 16, 2019 and October 15, 2019 Respectively