First Trust Energy Income and Growth Fund (FEN) Stock
The First Trust Energy Income and Growth Fund, a closed-ended equity mutual fund domiciled in the United States, was established on March 25, 2004. Formerly known as Energy Income & Growth Fund, it is launched and overseen by First Trust Advisors L.P., with Energy Income Partners, LLC serving as co-manager.
Valuation
Financials & Margins
Annual Financials (USD)
Balance Sheet (USD)
Latest News
Cash Flow (USD)
Valuation & Return Ratios
Peer Comparison
About First Trust Energy Income and Growth Fund
The First Trust Energy Income and Growth Fund, a closed-ended equity mutual fund domiciled in the United States, was established on March 25, 2004. Formerly known as Energy Income & Growth Fund, it is launched and overseen by First Trust Advisors L.P., with Energy Income Partners, LLC serving as co-manager. The fund aims to invest in the public equity markets across the United States, specifically targeting companies within the energy sector. This encompasses businesses involved in the transportation, processing, storage, distribution, or marketing of commodities such as natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal, or electricity. It also seeks out firms that explore, develop, manage, or produce these resources, or supply related energy products and services. The portfolio primarily consists of growth-oriented stocks, master limited partnerships (MLPs) in the energy sector, and other MLP-affiliated entities. Investment decisions are guided by a blend of fundamental and quantitative analysis, emphasizing metrics like debt-to-cash flow, coverage ratios, incentive frameworks, management expertise, and a history of distribution and dividend increases. For performance comparison, the fund uses multiple benchmarks: the S&P 500 Index, the Barclays Capital U.S. Credit Index of Corporate Bonds, the Alerian MLP Total Return Index, the Wells Fargo Midstream MLP Total Return Index, and a composite index comprising 50% Alerian MLP Total Return Index and 50% Wells Fargo Midstream MLP Total Return Index.
First Trust Energy Income and Growth Fund is headquartered in US.
First Trust Energy Income and Growth Fund (FEN) stock trades at $16.00 with a market capitalization of $311.42M. The stock is valued at a price-to-earnings (P/E) ratio of 11.94, price-to-book of 0.99, price-to-sales of 11.42. Over the past 52 weeks the stock has ranged between $12.53 and $16.69, and currently trades 4.1% below its 52-week high.
On profitability, First Trust Energy Income and Growth Fund generates a return on equity (ROE) of 8.34%, return on capital employed of 6.30%, an operating margin of 96.47%, a net profit margin of 95.39%.
Official website: www.ftportfolios.com/retail/cef/CEFsummary.aspx?Ticker=FEN