As of June 4, 2025, First Trust New Opportunities MLP & Energy Fund (FPL) reports a Graham Number of 9.64.
Graham Number calculates a stock's intrinsic value based on earnings and book value, aiding in spotting undervalued investments.
Historical Trend of First Trust New Opportunities MLP & Energy Fund's Graham Number
Over recent years, First Trust New Opportunities MLP & Energy Fund's Graham Number has shown significant volatility. The table below summarizes the historical values:
| Date | Graham Number |
|---|---|
| 2023-10-31 | 9.64 |
| 2022-10-31 | 13.44 |
| 2021-10-31 | 18.66 |
| 2020-10-31 | 14.99 |
| 2019-10-31 | 8.57 |
This slight downward trend highlights how First Trust New Opportunities MLP & Energy Fund manages its intrinsic value calculation based on earnings per share and book value over time.
Comparing First Trust New Opportunities MLP & Energy Fund's Graham Number to Peers
To better understand First Trust New Opportunities MLP & Energy Fund's position, it's useful to compare its Graham Number against industry peers. Below are selected comparisons:
| Company | Graham Number |
|---|---|
| First Trust New Opportunities MLP & Energy Fund (FPL) | 9.64 |
| Ranger Oil Corp (ROCC) | 81.03 |
| Bancroft Fund Ltd (BCV) | 76.43 |
| Pioneer Diversified High Income Fund Inc (HNW) | 39.47 |
| Tortoise Midstream Energy Fund Inc (NTG) | 36.20 |
| North American Financial 15 Split Corp (FFN.TO) | 34.27 |
Compared to its competitors, First Trust New Opportunities MLP & Energy Fund's Graham Number is about average compared to peers, reflecting standard fundamental metrics for the industry.