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First Trust New Opportunities MLP & Energy Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for December

 November 19, 2015 - 4:40 PM EST

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First Trust New Opportunities MLP & Energy Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for December

First Trust New Opportunities MLP & Energy Fund (the "Fund") (NYSE: FPL)
has declared the Fund’s regularly scheduled monthly common share
distribution in the amount of $0.105 per share payable on December 10,
2015, to shareholders of record as of December 3, 2015. The ex-dividend
date is expected to be December 1, 2015. The monthly distribution
information for the Fund appears below.

First Trust New Opportunities MLP & Energy
Fund (FPL):

Distribution per share:   $0.105
Distribution rate based on the November 18, 2015 NAV of $13.51: 9.33%
Distribution rate based on the November 18, 2015 closing market
price of $12.23:
10.30%
 

It is anticipated that, due to the tax treatment of cash distributions
made by master limited partnerships (“MLPs”) in which the Fund invests,
a portion of the distributions the Fund makes to Common Shareholders may
consist of a tax-deferred return of capital. The final determination of
the source and tax status of all 2015 distributions will be made after
the end of 2015.

The Fund is a non-diversified, closed-end management investment company
that seeks a high level of total return with an emphasis on current
distributions paid to common shareholders. The Fund will seek 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
MLPs and MLP-related entities in the energy sector and energy utilities
industries that are weighted towards non-cyclical, fee-for-service
revenues. Under normal market conditions, the Fund will invest at least
85% of its Managed Assets in equity and debt securities of MLPs,
MLP-related entities and other energy sector and energy utilities
companies that the Fund’s Sub-Advisor believes offer opportunities for
growth and income.

First Trust Advisors L.P., the Fund’s investment advisor, along with its
affiliate, First Trust Portfolios L.P., are privately-held companies
which provide a variety of investment services, including asset
management and financial advisory services, with collective assets under
management or supervision of approximately $112 billion as of October
31, 2015, through unit investment trusts, exchange-traded funds,
closed-end funds, mutual funds and separate managed accounts.

Energy Income Partners, LLC (“EIP”) serves as the Fund’s investment
sub-advisor and provides advisory services to a number of investment
companies and partnerships for the purpose of investing in MLPs and
other energy infrastructure securities. EIP is one of the early
investment advisors specializing in this area. As of October 31, 2015,
EIP managed or supervised approximately $4.9 billion in client assets.

Past performance is no assurance of future results. Investment return
and market value of an investment in the Fund will fluctuate. Shares,
when sold, may be worth more or less than their original cost.

Principal Risk Factors: Investment in this Fund involves investment and
market risk, market discount from net asset value risk, management risk
and reliance on key personnel, potential conflicts of interest risk, MLP
risks, investment concentration risk, industry specific risk, energy
utilities companies risk, cash flow risk, MLP and deferred tax risk, tax
law change risk, non-U.S. securities risk, delay in investing the
proceeds risk, equity securities risk, risks associated with an
investment in initial public offerings, Canadian income equities risk,
debt securities risk, below investment grade securities risk, leverage
risk, covered call options risk, interest rate swaps risk, competition
risk, restricted securities risk, liquidity risk, valuation risk,
interest rate risk, recent market and economic developments risk,
non-diversification risk, anti-takeover provisions risk, inflation risk
and secondary market for the fund’s common shares. The risks of
investing in the Fund are spelled out in the shareholder reports and
other regulatory filings.

The Fund’s daily closing New York Stock Exchange price and net asset
value per share as well as other information can be found at www.ftportfolios.com
or by calling 1-800-988-5891.

First Trust New Opportunities MLP & Energy Fund
Press
Inquiries: Jane Doyle, 630-765-8775
Analyst Inquiries: Jeff
Margolin, 630-915-6784
Broker Inquiries: Jeff Margolin, 630-915-6784

Source: Business Wire
(November 19, 2015 - 4:40 PM EST)

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