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Stock impact report

First Trust Advisors Announces Significant Reductions in Distributions for Certain Energy Closed-End Funds

First Trust Energy Infrastructure Fund Common Shares of Beneficial Interest (FIF) 
Company Research Source: Business Wire
WHEATON, Ill.--(BUSINESS WIRE)--Each of First Trust Energy Infrastructure Fund (NYSE: FIF), First Trust New Opportunities MLP & Energy Fund (NYSE: FPL), and First Trust MLP and Energy Income Fund (NYSE: FEI) is significantly reducing its regularly scheduled monthly distribution per share described below. Additionally, First Trust Energy Income and Growth Fund (NYSE: FEN) is significantly reducing its regularly scheduled quarterly distribution per share for July described below. The distribution for FIF will be payable on May 15, 2020, to shareholders of record as of May 4, 2020, with an ex-dividend date on or around May 1, 2020. The distribution for FEN will be payable on July 31, 2020, to shareholders of record as of July 23, 2020, with an ex-dividend date on or around July 22, 2020. For FEI and FPL, the payable, record and expected ex-dividend dates are as follows: MayJuneJulyPayable Date:05/15/2006/15/2007/15/20Record Date:05/04/2006/02/2007/02/20Expected Ex-Dividend Date:05/01 Show less Read more
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