First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Total Payout Yield % : 6.53 (As of Jun. 05, 2024)

First Trust New Opportunities MLP & Energy Fund Total Payout Yield % Chart

First Trust New Opportunities MLP & Energy Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Payout Yield %	Get a 7-Day Free Trial								8.12	11.07	12.69	9.37	6.74

Competitive Comparison of First Trust New Opportunities MLP & Energy Fund's Total Payout Yield %

For the Asset Management subindustry, First Trust New Opportunities MLP & Energy Fund's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Trust New Opportunities MLP & Energy Fund's Total Payout Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust New Opportunities MLP & Energy Fund's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where First Trust New Opportunities MLP & Energy Fund's Total Payout Yield % falls into.

First Trust New Opportunities MLP & Energy Fund Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

First Trust New Opportunities MLP & Energy Fund's Total Payout Yield % for the fiscal year that ended in Oct. 2023 is calculated as

First Trust New Opportunities MLP & Energy Fund's annualized Total Payout Yield % for the quarter that ended in Oct. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Trust New Opportunities MLP & Energy Fund Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.

First Trust New Opportunities MLP & Energy Fund Total Payout Yield % Related Terms

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First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Business Description