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GuruFocus has detected 4 Warning Signs with First Trust Energy Income & Growth Fund $FEN.
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First Trust Energy Income & Growth Fund (AMEX:FEN)
Research & Development
USD 0.00 Mil (TTM As of Nov. 2016)

This is the expense the company spent on research and development. First Trust Energy Income & Growth Fund's research and development for the six months ended in Nov. 2016 was USD 0.00 Mil. Its research and development for the trailing twelve months (TTM) ended in Nov. 2016 was USD 0.00 Mil.


Definition

This is the expense the company spent on research and development.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Energy Income & Growth Fund Research & Development for the trailing twelve months (TTM) ended in Nov. 2016 was USD 0.00 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

First Trust Energy Income & Growth Fund Annual Data

Nov10Nov11Nov12Nov13Nov14Nov15Nov16
Research & Development 0.000.000.000.000.000.000.000.000.000.00

First Trust Energy Income & Growth Fund Semi-Annual Data

May12Nov12May13Nov13May14Nov14May15Nov15May16Nov16
Research & Development 0.000.000.000.000.000.000.000.000.000.00
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