FPL
Price:
$7.76
Market Cap:
$181.95M
First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced 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 and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors. The fund primarily invests in equity and debt securities of MLPs and MLP related entities, as well as in dividend paying growth stocks of other energy and energy utilities companies. It benchmarks the performance of its portfolio against the S&P 500 Index, Alerian MLP Total Return Index, and Wells Fargo Midstream MLP Total Return Index...[Read more]
Industry
Asset Management
IPO Date
2014-03-27
Stock Exchange
NYSE
Ticker
FPL
According to First Trust New Opportunities MLP & Energy Fund’s latest financial reports and current stock price. The company's current PE Ratio is 15.84. This represents a change of 228.91% compared to the average of 4.81 of the last 4 quarters.
The mean historical PE Ratio of First Trust New Opportunities MLP & Energy Fund over the last ten years is 4.29. The current 15.84 PE Ratio has changed 36.85% with respect to the historical average. Over the past ten years (40 quarters), FPL's PE Ratio was at its highest in in the April 2023 quarter at 6.60. The PE Ratio was at its lowest in in the October 2018 quarter at -14.31.
Average
4.29
Median
4.09
Minimum
-28.60
Maximum
42.54
Discovering the peaks and valleys of First Trust New Opportunities MLP & Energy Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 840.22%
Maximum Annual PE Ratio = 42.54
Minimum Annual Increase = -397.00%
Minimum Annual PE Ratio = -28.60
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 11.72 | 114.09% |
| 2022 | 5.47 | 102.40% |
| 2021 | 2.70 | -397.00% |
| 2020 | -0.91 | -109.30% |
| 2019 | 9.80 | -249.49% |
| 2018 | -6.55 | -115.41% |
| 2017 | 42.54 | -248.72% |
| 2016 | -28.60 | 840.22% |
| 2015 | -3.04 | -131.25% |
The current PE Ratio of First Trust New Opportunities MLP & Energy Fund (FPL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.63
5-year avg
5.76
10-year avg
4.29
First Trust New Opportunities MLP & Energy Fund’s PE Ratio is greater than The New America High Income Fund Inc. (6.81), less than Allspring C&B Mid Cap Value Fund Admin Cl (0), less than Allspring C&B Mid Cap Value Fund Class A (0), greater than Allspring Discovery Large Cap Growth - A (-3.14), greater than Calvert Mid-Cap Fund Class I (0), less than Nuveen Large Cap Growth Fund Class I (0), less than Nuveen Large Cap Growth Fund Class C (0), less than BMO Aggressive Allocation Fund- Class R6 (0), less than BMO Aggressive Allocation Fund- Class Y (0), greater than First Trust Dynamic Europe Equity Income Fund (-8.12),
| Company | PE Ratio | Market cap |
|---|---|---|
| 6.81 | $191.67M | |
| 0 | $201.30M | |
| 0 | $201.30M | |
| -3.14 | $198.61M | |
| 0 | $179.02M | |
| 0 | $188.46M | |
| 0 | $188.46M | |
| 0 | $189.64M | |
| 0 | $189.64M | |
| -8.12 | $216.95M |
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