FEI Stock Overview
First Trust MLP and Energy Income Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.99|
|52 Week High||US$8.38|
|52 Week Low||US$6.00|
|1 Month Change||15.63%|
|3 Month Change||0.50%|
|1 Year Change||23.11%|
|3 Year Change||-28.41%|
|5 Year Change||-54.34%|
|Change since IPO||-60.01%|
Recent News & Updates
FEI: This MLP Fund Is Looking Increasingly Attractive
Midstream companies are a great source of income and have rebounded with the recovery in energy prices. FEI offers a diversified portfolio of these companies along with electric utilities. The future of MLP firms is quite solid as these companies are likely to see growing volumes and cash flows as the global demand for natural gas grows. The fund boasts an 8.28% yield that appears to be very sustainable. The fund trades at a discount, which any investor should be able to appreciate.
Evaluating CEFs: FEI Continues To Bring Up The Rear In The MLP Sector
Has a yield of 8.28%. This is attractive if the distribution can be supported. I continue my series digging into CEFs beyond the yield with a look at FEI. Investing with FEI is placing a big bet on the MLP sector which hasn't done well over the last few years. With a yield only slightly better than the index fund AMLP which produces more total return without leverage, I think there are better places to put your money.
Evaluating Closed-End Funds: FEI Lost Its Sector Lead
First Trust MLP&Energy Income Fund's 7.68% looks like an attractive yield from a monthly payer if the distribution can be sustained. I continue my series on CEFs looking beyond the yield. NAV has increased over the last year, and the distribution was fully covered for the year. FEI hasn't produced more income or more return than the index and has lagged behind its peers, while not a poor investment there are better choices.
FEI: More Upside In 2021
We highlighted the First Trust MLP & Energy Income Fund (FEI) recently. Our rationale for this fund was that it was one of the best-performing MLP funds and one that was intelligently using covered calls. Specifically we said, But the same utility sector holding will likely make the distributions more sustainable if we have more pain to come in the MLP space. FEI remains our "top pick" in the CEF space for this sector. For
|FEI||US Capital Markets||US Market|
Return vs Industry: FEI underperformed the US Capital Markets industry which returned 25.7% over the past year.
Return vs Market: FEI exceeded the US Market which returned 10.2% over the past year.
|FEI Average Weekly Movement||3.7%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: FEI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FEI's weekly volatility (4%) has been stable over the past year.
About the Company
First Trust MLP and Energy Income Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity and fixed income markets of the United States.
First Trust MLP and Energy Income Fund Fundamentals Summary
|FEI fundamental statistics|
Is FEI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FEI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||0.00%|
How did FEI perform over the long term?See historical performance and comparison
Is First Trust MLP and Energy Income Fund undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether First Trust MLP and Energy Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as First Trust MLP and Energy Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is First Trust MLP and Energy Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as First Trust MLP and Energy Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has First Trust MLP and Energy Income Fund performed over the past 5 years?
Historical Diversified Financials annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, First Trust MLP and Energy Income Fund has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
How is First Trust MLP and Energy Income Fund's financial position?
In this section we usually analyse First Trust MLP and Energy Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. First Trust MLP and Energy Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
What is First Trust MLP and Energy Income Fund current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FEI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FEI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FEI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FEI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FEI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
First Trust MLP and Energy Income Fund has no CEO, or we have no data on them.
Experienced Board: FEI's board of directors are seasoned and experienced ( 18 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Trust MLP and Energy Income Fund's employee growth, exchange listings and data sources
- Name: First Trust MLP and Energy Income Fund
- Ticker: FEI
- Exchange: NYSE
- Founded: 2012
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$324.176m
- Shares outstanding: 45.40m
- Website: https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FEI
- First Trust MLP and Energy Income Fund
- 120 East Liberty Drive
- Suite 400
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 23:48|
|End of Day Share Price||2022/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.