First Trust Energy Income & Growth Fund

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FEN : AMEX : Financial
$27.4 | %
Today's Range: 27.4 - 27.89
Avg. Daily Volume: 71700.0
02/17/17 - 3:59 PM ET
  • Last Ratings Update:01/31/2017
  • Price as of 01/31/2017 :$27.16
  • Net Assets:$491.82 Million
  • NAV:$26.63
  • Premium1.99%
  •   
  • Peer Rank:13 of 122
  • Investment Rating:C+
  • Performance:B
  • RiskC
FEN Price Chart

SUMMARY


We rate First Trust Energy Income and Gro at C+. Positive factors that influence this rating include a low price volatility. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Energy/Natural Res strategy.


POSITIVES AND RISKS


Total return ranks below peers over the last three years. The First Trust Energy Income and Gro has returned an annual rate of 10.11% since inception. More recently, the fund has generated a total return of 5.96% in the last five years, 3.11% in the last three years, and 48.95% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 51% of them. It has also outpaced 41% of its competitors on a three year basis and 91% of them over the last year for the period ending 1/31/2017. On a year to date basis, FEN has returned 6.11%.

Downside risk has been above average. FEN has a draw down risk of -45.32%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 19.8%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months. As of 1/31/2017, the fund was trading at a price of $27.16, which is 4.6% below its 52-week high of $28.48 and 3.3% above its 52-week low of $26.30.

High expense ratio hinders performance. On total assets of $491.82 million, FEN maintains a high expense ratio compared to its Sector - Energy/Natural Res peers of 2.21% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As FEN is a closed end fund, it has no front end or back end load.


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