Weekly Report: what happened at FEN last week (0415-0419)?

Press Release: First Trust Energy Income and Growth Fund Declares Its Final Common Share Distribution Dates

First Trust Energy Income and Growth Fund Declares Its Final Common Share Distribution Dates. The final common share distribution is payable on May 2, 2024, to shareholders of record as of April 29, 2024. The Fund is a non-diversified, closed-end management investment company. The fund focuses on investing in the energy sector.

First Trust Energy Inc & Growth: Initial statement of beneficial ownership of securities

Weekly Report: what happened at FEN last week (0408-0412)?

First Trust Energy Income and Growth Fund raises quarterly dividend by 33.3% to $0.40/share

First Trust Energy Income and Growth Fund raises quarterly dividend by 33.3% to $0.40/share. Forward yield 9.77% Payable April 30; for shareholders of record April 23; ex-div April 22. First Trust Energy income and growth fund (FEN)

Reported Earlier, First Trust Energy Income And Growth Fund Increases Its Quarterly Distribution To $0.40/Share From $30/Share

Press Release: First Trust Energy Income and Growth Fund Increases its Quarterly Distribution to $0.40 Per Share

First Trust Energy Income and Growth Fund Increases its quarterly distribution to $0.40 per share. The increase is attributable to a portion of the Fund's estimated accumulated earnings and profits required to be distributed in connection with a merger. The Fund focuses on investing in MLPs in the energy sector.

Weekly Report: what happened at FEN last week (0401-0405)?

Weekly Report: what happened at FEN last week (0325-0329)?

FEN: Impending ETF Conversion Makes This Fund A Good Short-Term Play

First Trust Energy Income and Growth Fund offers investors a way to add midstream partnerships to retirement accounts without tax complications. The fund's current yield of 7.43% is lower than some other options in the midstream energy space. Fund is converting into an ETF within the next month, which will erase the fund's discount. Fund has historically performed well and did not decline as much as other funds during the COVID-19 pandemic.

Weekly CEF Roundup: First Trust MLP CEF Mergers Approved, Saba Buys BSTZ, PDX Goes Monthly

JPMorgan releases weekly closed-end fund roundup. First Trust MLP CEF mergers approved by shareholders. Saba targets BSTZ, while PDX moves to a monthly distribution. 5 out of 22 sectors positive on price and 1 of 22 positive on NAV.

Weekly Report: what happened at FEN last week (0318-0322)?

The Staying Power Of Oil And Gas Pipelines

North American Oil and Gas Pipelines have a lot of life left to live. The long-term outlook for natural gas is constructive given its cleaner burning qualities. The U.S. Will play a major role in satisfying global natural gas demand through exports of liquefied natural gas.

Weekly Report: what happened at FEN last week (0311-0315)?

2024 EBITDA Guidance: Midstream/MLPs See Growth

Weekly Report: what happened at FEN last week (0304-0308)?

First Trust MLP and Energy Income Fund's Transition To ETF Makes For Attractive Opportunity

First Trust MLP and Energy Income Fund is about to convert from a closed-end structure to an ETF structure. The conversion is scheduled for Q2 2024. The fund has a potential 4.3% upside if assets trade around net asset value after the conversion. A number of pipeline funds are being merged into an ETF in the midstream space.

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

Weekly Report: what happened at FEN last week (0226-0301)?

First Trust Announces Shareholder Approvals Of The Mergers Of The Target Funds Into FT Energy Income Partners Enhanced Income ETF

First Trust Advisors L.P. Announced the mergers of the Target Funds into FT Energy Income Partners Enhanced Income ETF. The funds will be traded on the NYSE Arca on February 29, 2024. The mergers were approved by the Boards of Trustees of each of the funds in October 2023.