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First Trust Energy Income and Growth Fund

AMEX:FEN
Snowflake Description

Average dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FEN
AMEX
$459M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The last earnings update was 74 days ago. More info.


Add to Portfolio Compare Print
  • First Trust Energy Income and Growth Fund is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
FEN Share Price and Events
7 Day Returns
1.7%
AMEX:FEN
0.1%
US Capital Markets
-0.3%
US Market
1 Year Returns
3.8%
AMEX:FEN
-7.4%
US Capital Markets
7%
US Market
FEN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
First Trust Energy Income and Growth Fund (FEN) 1.7% 5.7% 6.2% 3.8% -5.9% -30.2%
US Capital Markets 0.1% 5% 3.5% -7.4% 53.5% 71.2%
US Market -0.3% 2.2% 8.5% 7% 37.7% 46.8%
1 Year Return vs Industry and Market
  • FEN outperformed the Capital Markets industry which returned -7.4% over the past year.
  • FEN underperformed the Market in United States of America which returned 7% over the past year.

Value

 Is First Trust Energy Income and Growth Fund undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for First Trust Energy Income and Growth Fund. This is due to cash flow or dividend data being unavailable. The share price is $22.95.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for First Trust Energy Income and Growth Fund's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are First Trust Energy Income and Growth Fund's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:FEN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in USD $0.86
AMEX:FEN Share Price ** AMEX (2019-04-18) in USD $22.95
United States of America Capital Markets Industry PE Ratio Median Figure of 87 Publicly-Listed Capital Markets Companies 30.77x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of First Trust Energy Income and Growth Fund.

AMEX:FEN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:FEN Share Price ÷ EPS (both in USD)

= 22.95 ÷ 0.86

26.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • First Trust Energy Income and Growth Fund is good value based on earnings compared to the US Capital Markets industry average.
  • First Trust Energy Income and Growth Fund is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does First Trust Energy Income and Growth Fund's expected growth come at a high price?
Raw Data
AMEX:FEN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 2.67x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for First Trust Energy Income and Growth Fund, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on First Trust Energy Income and Growth Fund's assets?
Raw Data
AMEX:FEN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in USD $21.27
AMEX:FEN Share Price * AMEX (2019-04-18) in USD $22.95
United States of America Capital Markets Industry PB Ratio Median Figure of 169 Publicly-Listed Capital Markets Companies 6.5x
United States of America Market PB Ratio Median Figure of 5,182 Publicly-Listed Companies 1.91x
AMEX:FEN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:FEN Share Price ÷ Book Value per Share (both in USD)

= 22.95 ÷ 21.27

1.08x

* Primary Listing of First Trust Energy Income and Growth Fund.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • First Trust Energy Income and Growth Fund is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess First Trust Energy Income and Growth Fund's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. First Trust Energy Income and Growth Fund has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is First Trust Energy Income and Growth Fund expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Energy Income and Growth 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is First Trust Energy Income and Growth Fund expected to grow at an attractive rate?
  • Unable to compare First Trust Energy Income and Growth Fund's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare First Trust Energy Income and Growth Fund's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare First Trust Energy Income and Growth Fund's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:FEN Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:FEN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:FEN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-11-30 11 38 17
2018-08-31 11 52 11
2018-05-31 12 66 4
2018-02-28 12 61 0
2017-11-30 13 55 -5
2017-08-31 12 31 20
2017-05-31 11 6 44
2017-02-28 10 33 43
2016-11-30 9 61 42
2016-08-31 11 96 -67
2016-05-31 13 132 -176
2016-02-29 16 93 -189

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if First Trust Energy Income and Growth Fund is high growth as no earnings estimate data is available.
  • Unable to determine if First Trust Energy Income and Growth Fund is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:FEN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from First Trust Energy Income and Growth Fund Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:FEN Past Financials Data
Date (Data in USD Millions) EPS *
2018-11-30 0.86
2018-08-31 0.54
2018-05-31 0.22
2018-02-28 -0.01
2017-11-30 -0.25
2017-08-31 1.00
2017-05-31 2.29
2017-02-28 2.23
2016-11-30 2.18
2016-08-31 -3.45
2016-05-31 -9.09
2016-02-29 -9.75

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if First Trust Energy Income and Growth Fund will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess First Trust Energy Income and Growth Fund's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
First Trust Energy Income and Growth Fund has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has First Trust Energy Income and Growth Fund performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare First Trust Energy Income and Growth Fund's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • First Trust Energy Income and Growth Fund's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • First Trust Energy Income and Growth Fund has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • First Trust Energy Income and Growth Fund has become profitable in the last year making it difficult to compare the US Capital Markets industry average.
Earnings and Revenue History
First Trust Energy Income and Growth Fund's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from First Trust Energy Income and Growth Fund Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:FEN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 10.87 17.25 7.08
2018-08-31 11.23 10.85 7.17
2018-05-31 11.58 4.46 7.25
2018-02-28 12.08 -0.25 7.29
2017-11-30 12.58 -4.96 7.33
2017-08-31 11.89 19.71 7.38
2017-05-31 11.20 44.37 7.42
2017-02-28 9.88 43.31 7.22
2016-11-30 8.57 42.25 7.01
2016-08-31 10.80 -66.90 7.37
2016-05-31 13.03 -176.06 7.73
2016-02-29 15.95 -188.81 8.61
2015-11-30 18.87 -201.57 9.49
2015-08-31 17.61 -84.71 10.05
2015-05-31 16.35 32.15 10.62
2015-02-28 14.75 86.79 10.61
2014-11-30 13.15 141.44 10.60
2014-08-31 12.03 132.82 10.27
2014-05-31 10.91 124.20 9.94
2014-02-28 9.01 111.88 9.48
2013-11-30 7.11 99.56 9.03
2013-08-31 7.10 103.57 8.49
2013-05-31 7.09 107.57 7.95
2013-02-28 7.62 80.87 7.45
2012-11-30 8.15 54.16 6.94
2012-08-31 7.13 41.78 6.50
2012-05-31 6.12 29.40 6.05

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • First Trust Energy Income and Growth Fund has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • First Trust Energy Income and Growth Fund used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • First Trust Energy Income and Growth Fund's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess First Trust Energy Income and Growth Fund's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
First Trust Energy Income and Growth Fund has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is First Trust Energy Income and Growth Fund's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up First Trust Energy Income and Growth Fund's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • First Trust Energy Income and Growth Fund is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • First Trust Energy Income and Growth Fund's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of First Trust Energy Income and Growth Fund's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from First Trust Energy Income and Growth Fund Company Filings, last reported 4 months ago.

AMEX:FEN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 425.11 150.50 5.61
2018-08-31 425.11 150.50 5.61
2018-05-31 450.03 153.50 24.75
2018-02-28 450.03 153.50 24.75
2017-11-30 449.38 155.50 13.67
2017-08-31 449.38 155.50 13.67
2017-05-31 477.29 178.50 15.80
2017-02-28 477.29 178.50 15.80
2016-11-30 489.74 174.50 12.58
2016-08-31 489.74 174.50 12.58
2016-05-31 477.10 154.50 30.04
2016-02-29 477.10 154.50 30.04
2015-11-30 491.82 183.00 4.85
2015-08-31 491.82 183.00 4.85
2015-05-31 697.58 241.00 28.67
2015-02-28 697.58 241.00 28.67
2014-11-30 737.13 248.00 59.13
2014-08-31 737.13 248.00 59.13
2014-05-31 707.91 205.40 18.48
2014-02-28 707.91 205.40 18.48
2013-11-30 637.31 205.40 33.17
2013-08-31 637.31 205.40 33.17
2013-05-31 624.16 210.40 10.69
2013-02-28 624.16 210.40 10.69
2012-11-30 481.55 170.40 2.29
2012-08-31 481.55 170.40 2.29
2012-05-31 385.33 137.90 9.81
  • First Trust Energy Income and Growth Fund's level of debt (35.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (32.2% vs 35.4% today).
  • Debt is well covered by operating cash flow (25.6%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess First Trust Energy Income and Growth Fund's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. First Trust Energy Income and Growth Fund has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is First Trust Energy Income and Growth Fund's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
10.11%
Current annual income from First Trust Energy Income and Growth Fund dividends.
If you bought $2,000 of First Trust Energy Income and Growth Fund shares you are expected to receive $202 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • First Trust Energy Income and Growth Fund's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.39%).
  • First Trust Energy Income and Growth Fund's dividend is above the markets top 25% of dividend payers in United States of America (3.62%).
Upcoming dividend payment

Purchase First Trust Energy Income and Growth Fund before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:FEN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:FEN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-10 2.320 10.245
2019-01-10 2.320 11.051
2018-10-10 2.320 11.683
2018-07-10 2.320 10.235
2018-04-10 2.320 10.195
2018-01-10 2.320 9.676
2017-10-10 2.320 9.843
2017-07-10 2.320 9.392
2017-04-10 2.320 8.907
2017-01-10 2.320 8.561
2016-10-11 2.320 9.042
2016-07-11 2.320 9.020
2016-04-12 2.320 9.558
2016-01-11 2.320 10.952
2015-10-08 2.320 9.846
2015-07-09 2.280 8.279
2015-01-12 2.200 6.391
2014-10-09 2.180 6.241
2014-07-10 2.160 5.919
2014-04-10 2.140 6.177
2014-01-09 2.120 6.584
2013-10-10 2.100 6.532
2013-07-11 2.080 6.418
2013-04-11 2.060 6.069
2013-01-10 2.040 5.958
2012-10-11 2.000 6.543
2012-07-12 1.960 6.477
2012-04-12 1.940 6.468
2012-01-12 1.920 6.339
2011-10-12 1.900 6.902
2011-07-12 1.880 7.103
2011-04-13 1.860 6.461
2011-01-12 1.840 6.526
2010-10-12 1.820 6.767
2010-07-12 1.800 7.152
2010-04-12 1.780 7.496
2010-01-12 1.760 7.490
2009-10-12 1.760 7.733
2009-07-14 1.760 8.412
2009-04-21 1.760 9.120

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of First Trust Energy Income and Growth Fund's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess First Trust Energy Income and Growth Fund's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can First Trust Energy Income and Growth Fund afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. First Trust Energy Income and Growth Fund has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of First Trust Energy Income and Growth Fund's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Bradley
AGE 61
CEO Bio

Mr. Mark Raymond Bradley serves as the Managing Director of First Trust Advisors L.P. He serves as the Chief Financial Officer and Director of FT (NSI) Management Co. He serves as Managing Director and Chief Executive Officer of various funds in First Trust. He served as Chief Financial Officer, Chief Accounting Officer, Treasurer and Controller of various funds in First Trust. Mr. Bradley served as the Chief Financial Officer at FT Floating Rate Management Inc. Previously, he served as the Chief Financial Officer at Bondwave LLC and Stonebridge Advisors LLC. Mr. Bradley served as a Director of FT Portfolios Canada Co. He served as a Director of FT Floating Rate Management Inc. Mr. Bradley holds a Masters of Management from Northwestern University and a B.A. in Economics from Wheaton College, Illinois.

CEO Compensation
  • Insufficient data for Mark to compare compensation growth.
  • Insufficient data for Mark to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Mark Bradley

TITLE
Managing Director and Chief Financial Officer
AGE
61

Jim Dykas

TITLE
Senior Vice President and Controller
AGE
52

W. Scott Jardine

TITLE
Chief Legal Officer and Secretary
AGE
58

Kristi Maher

TITLE
Chief Compliance Officer and Assistant Secretary
AGE
52

Daniel Lindquist

TITLE
Managing Director and Portfolio Manager
AGE
48
Board of Directors Tenure

Average tenure and age of the First Trust Energy Income and Growth Fund board of directors in years:

15.3
Average Tenure
63
Average Age
  • The average tenure for the First Trust Energy Income and Growth Fund board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

James Bowen

TITLE
Chairman
AGE
63

Niel Nielson

TITLE
Independent Trustee
COMPENSATION
$9K
AGE
64
TENURE
15.3 yrs

Richard Erickson

TITLE
Independent Trustee
COMPENSATION
$9K
AGE
67
TENURE
15.3 yrs

Robert Keith

TITLE
Independent Trustee
COMPENSATION
$9K
AGE
62
TENURE
12.8 yrs

Tom Kadlec

TITLE
Lead Independent Trustee
COMPENSATION
$9K
AGE
61
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess First Trust Energy Income and Growth Fund's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. First Trust Energy Income and Growth Fund has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector, including companies in the business of transporting, processing, storing, distributing, or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or electricity, or exploring, developing, managing or producing such commodities or products, or in supplying energy-related products and services. The fund primarily invests in growth stocks of companies, energy sector MLPs, and MLP-related entities. It employs a combination of fundamental and quantitative analysis, focusing on such factors as debt to cash flows, coverage ratios, incentive structure, management team, track record of distribution, and dividend growth to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Barclays Capital U.S. Credit Index of Corporate Bonds, Alerian MLP Total Return Index, Wells Fargo Midstream MLP Total Return Index, and composite index comprised of 50% Alerian MLP Total Return Index and 50% Wells Fargo Midstream MLP Total Return Index. It was formerly known as Energy Income & Growth Fund. First Trust Energy Income and Growth Fund was formed on March 25, 2004 and is domiciled in the United States.

Details
Name: First Trust Energy Income and Growth Fund
FEN
Exchange: AMEX
Founded: 2004
$458,641,429
19,984,376
Website: http://www.ftportfolios.com/retail/cef/CEFsummary.aspx?Ticker=FEN
Address: First Trust Energy Income and Growth Fund
120 East Liberty Drive,
Suite 400,
Wheaton,
Illinois, 60187,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX FEN Common Shares NYSE MKT LLC US USD 25. Jun 2004
Number of employees
Current staff
Staff numbers
0
First Trust Energy Income and Growth Fund employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 23:55
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/05
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.