FIRST TR ENRGY INC & GRW
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About FEN
First Trust Energy Income and Growth Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The Fund seeks to provide its shareholders with an efficient vehicle to invest in a portfolio of cash-generating securities of energy companies. The Fund is focused on investing in publicly traded master limited partnerships (MLPs), MLP-related entities and other companies in the energy sector which Energy Income Partners, LLC (the Sub-Advisor) believes offer opportunities for income and growth. Under normal market conditions, the Fund invests at least 85% of its managed assets in securities of energy companies, energy sector MLPs and energy sector MLP-related entities. The Fund invests in various sectors, such as Chemicals, Gas Utilities and Electric Utilities. The Fund's investment advisor is First Trust Advisors L.P.
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- Find the right investing platform for you. To buy FEN shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
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This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
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