Headlines about First Trust MLP and Energy Income Fund (NYSE:FEI) have been trending positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Trust MLP and Energy Income Fund earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 48.6635850435627 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of First Trust MLP and Energy Income Fund traded down $0.01, hitting $13.60, during mid-day trading on Friday, according to MarketBeat Ratings. 67,196 shares of the company traded hands, compared to its average volume of 183,975. First Trust MLP and Energy Income Fund has a 1 year low of $11.68 and a 1 year high of $16.50.
The firm also recently announced a monthly dividend, which will be paid on Wednesday, August 15th. Investors of record on Thursday, August 2nd will be given a dividend of $0.1183 per share. The ex-dividend date of this dividend is Wednesday, August 1st. This represents a $1.42 annualized dividend and a yield of 10.44%.
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. The fund seeks to invest in securities of companies operating in the energy and energy utilities sectors.
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