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Compare · FEN vs NEA

FEN vs NEA

Side-by-side comparison of First Trust Energy Income and Growth Fund (FEN) and Nuveen AMT-Free Quality Municipal Income Fund (NEA): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both FEN and NEA operate in Finance/Investors Services (Finance), so they compete in similar markets.
  • NEA is the larger of the two at $4.19B, about 14.1x FEN ($296.5M).
MetricFENNEA
Company
First Trust Energy Income and Growth Fund
Nuveen AMT-Free Quality Municipal Income Fund
Price
$15.96-0.44%
$11.42-0.61%
Market cap
$296.5M
$4.19B
1M return
-
-1.42%
1Y return
-
+5.84%
Industry
Finance/Investors Services
Finance/Investors Services
Exchange
AMEX
NYSE
IPO
2004
2002
News (4w)
0
0
Recent ratings
0
0
FEN

First Trust Energy Income and Growth Fund

First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector, including companies in the business of transporting, processing, storing, distributing, or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or electricity, or exploring, developing, managing or producing such commodities or products, or in supplying energy-related products and services. The fund primarily invests in growth stocks of companies, energy sector MLPs, and MLP-related entities. It employs a combination of fundamental and quantitative analysis, focusing on such factors as debt to cash flows, coverage ratios, incentive structure, management team, track record of distribution, and dividend growth to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Barclays Capital U.S. Credit Index of Corporate Bonds, Alerian MLP Total Return Index, Wells Fargo Midstream MLP Total Return Index, and composite index comprised of 50% Alerian MLP Total Return Index and 50% Wells Fargo Midstream MLP Total Return Index. It was formerly known as Energy Income & Growth Fund. First Trust Energy Income and Growth Fund was formed on March 25, 2004 and is domiciled in the United States.

NEA

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax. It seeks to invest in securities that are rated Baa/BBB or better by S&P, Moody's, or Fitch. The fund's investment portfolio comprises investments in various industries, which include transportation, healthcare, utilities, housing/multifamily, and water and sewer. It was formerly known as Nuveen AMT-Free Municipal Income Fund. Nuveen AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.

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