First Trust Energy Income & Growth Fund (NYSE:FEN) Receiving Positive News Coverage, Study Shows
Media coverage about First Trust Energy Income & Growth Fund (NYSE:FEN) has been trending positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Trust Energy Income & Growth Fund earned a media sentiment score of 0.34 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 46.7709972232453 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
First Trust Energy Income & Growth Fund (NYSE FEN) traded down 1.44% on Thursday, reaching $24.59. The company’s stock had a trading volume of 85,226 shares. First Trust Energy Income & Growth Fund has a 12 month low of $23.15 and a 12 month high of $28.48. The stock’s 50 day moving average price is $25.27 and its 200 day moving average price is $26.37.
The company also recently declared a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, July 25th were given a dividend of $0.58 per share. The ex-dividend date was Friday, July 21st. This represents a $2.32 dividend on an annualized basis and a yield of 9.30%.
About First Trust Energy Income & Growth Fund
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 a vehicle to invest in a portfolio of securities of energy companies.
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