Analyzing First Trust New Opportunities MLP & Energy Fund (FPL) & Its Peers

() is one out of 1,109 publicly traded companies in the "Asset Management" industry. But how does it compare to its peers in this field? First Trust New Opportunities MLP & Energy Fund will be compared to similar companies based upon its institutional ownership, risks, valuation, earnings and dividends, analyst ratings, profitability, and profitability.

Analyst Ratings

MarketBeat has provided a list of the recent ratings given to First Trust New Opportunities MLP & Energy Fund.

Sell Ratings

Hold Ratings

Buy Ratings

Strong Buy Ratings

Rating Score

First Trust New Opportunity MLP & Energy Fund

0

0

0

0

N/A

First Trust New Opportunities MLP & Energy Fund Competitors

1051

4394

5586

82

2.42

Asset Management companies as a whole have a possible upside of 34,59%. Analysts believe that First Trust New Opportunities MLP & Energy Fund is less likely to grow than its peers, given the higher potential upside of First Trust New Opportunities MLP & Energy Fund peers.

Institutional and Insider Ownership

Institutional investors own 32.9% shares in all companies that fall under the Asset Management category. Insiders own 18.0% of the shares in all "Asset Management" companies. A high level of institutional ownership indicates that hedge funds and large money managers, as well as endowments, believe the company will perform better than the market in the long run.

Dividends

First Trust New Opportunities MLP & Energy Fund has a dividend yield 7.6% and pays an annual dividend per share of $0.45. First Trust New Opportunities MLP & Energy Fund distributes 10.2% of its earnings as a dividend. Asset Management companies as a whole pay out 8.35.8% in dividends and have a dividend yield 7.2%. First Trust New Opportunities MLP & Energy Fund has a higher dividend yield than its peers and a lower payout ratio.

Value & Earnings

This table compares First Trust New Opportunities MLP & Energy Fund with its peers in terms of gross revenue, earnings-per-share (EPS), and valuation.

Gross Revenue

Net Income

Price/Earnings ratio

First Trust New Opportunity MLP & Energy Fund

20.52 millions

N/A

1.34

First Trust New Opportunities MLP & Energy Fund Competitors

$514.47 Million

8:14 Million

-5.98

First Trust New Opportunities MLP & Energy Fund has higher earnings and revenue than its peers. First Trust New Opportunities MLP & Energy Fund trades at a higher P/E ratio than its peers. This indicates that the fund is more expensive.

Profitability

This table compares First Trust New Opportunities MLP & Energy Fund with its peers in terms of net margins and returns on equity, as well as return on assets.

Net Margins

Return on Equity

Return on Assets

First Trust New Opportunity MLP & Energy Fund

N/A

N/A

N/A

First Trust New Opportunities MLP & Energy Fund Competitors

380.80%

8.16%

5.06%

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First Trust New Opportunities MLP & Energy Fund's peers outperformed First Trust New Opportunities MLP & Energy Fund in 7 of 10 factors compared.

First Trust New Opportunities MLP & Energy Fund Company profile

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First Trust New Opportunities MLP & Energy Fund, a closed-ended balance mutual fund launched by First Trust Advisors L.P. and managed by them, is a balanced mutual fund. Energy Income Partners LLC is the co-manager. The fund invests on the US public equity and fixed-income markets. It aims to invest in securities issued by companies in the energy and utility sectors. The fund invests primarily in debt and equity securities of MLPs, MLP-related entities and dividend-paying growth stocks of energy and utilities companies. The fund benchmarks its performance against the S&P 500 Index as well as the Alerian MLP Total Return Index and Wells Fargo Midstream MLP Total Return Index. MarketBeat.com offers a FREE daily email newsletter
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