Split History
FPL split history picture
First Trust New Opportunities MLP & Energy Fund CO (FPL) has 2 splits in our FPL split history database. The first split for FPL took place on January 31, 1985. This was a 2 for 1 split, meaning for each share of FPL owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. FPL's second split took place on March 16, 2005. This was a 2 for 1 split, meaning for each share of FPL owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.

When a company such as First Trust New Opportunities MLP & Energy Fund CO splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the FPL split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Trust New Opportunities MLP & Energy Fund CO shares, starting with a $10,000 purchase of FPL, presented on a split-history-adjusted basis factoring in the complete FPL split history. FPL split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 03/28/2014
End date: 12/08/2022
Start price/share: $20.00
End price/share: $6.08
Starting shares: 500.00
Ending shares: 1,122.20
Dividends reinvested/share: $8.01
Total return: -31.77%
Average Annual Total Return: -4.30%
Starting investment: $10,000.00
Ending investment: $6,821.12
Years: 8.70
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/28/2014
End date: 12/08/2022
Start price/share: $20.00
End price/share: $6.08
Dividends collected/share: $8.01
Total return: -29.57%
Average Annual Total Return: -3.95%
Starting investment: $10,000.00
Ending investment: $7,041.34
Years: 8.70
First Trust New Opportunities MLP and Energy Fund is registered as a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders. The Fund seeks to provide its common shareholders with a vehicle to invest in a portfolio of cash-generating securities, with a focus on investing in publicly-traded master limited partnerships (MLPs), MLP-related entities and other companies in the energy sector and energy utility industries that are weighted towards non-cyclical, fee-for-service revenues. According to our FPL split history records, First Trust New Opportunities MLP & Energy Fund CO has had 2 splits.
Date Ratio
01/31/19852 for 1
03/16/20052 for 1
FPL is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

FRAK Split History
FRBK Split History
FRC Split History
FRME Split History
FRT Split History
FSAC Split History
FSBC Split History
FSBK Split History
FSBW Split History
FSFG Split History

Email EnvelopeFree FPL Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Checkpoint Therapeutics, Inc. (CKPT)
UpHealth, Inc. (UPH)
MediWound Ltd. (MDWD)
Eloxx Pharmaceuticals, Inc. (ELOX)
Baudax Bio, Inc. (BXRX)
Petros Pharmaceuticals, Inc. (PTPI)
Tuesday Morning Corporation (TUEM)
DURECT Corporation (DRRX)
CNS Pharmaceuticals, Inc. (CNSP)
Astrotech Corporation (ASTC)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

FPL Insider Buying

FPL Split History | www.SplitHistory.com | Copyright © 2013 - 2022, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.