GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Energy Income & Growth Fund (AMEX:FEN) » Definitions » GF Value Rank

First Trust Energyome & Growth Fund (First Trust Energyome & Growth Fund) GF Value Rank : 0 (As of Apr. 27, 2024)


View and export this data going back to 2004. Start your Free Trial

What is First Trust Energyome & Growth Fund GF Value Rank?

First Trust Energyome & Growth Fund has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

First Trust Energyome & Growth Fund GF Value Rank Related Terms

Thank you for viewing the detailed overview of First Trust Energyome & Growth Fund's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

First Trust Energyome & Growth Fund (First Trust Energyome & Growth Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Energy Income & Growth Fund (AMEX:FEN) » Definitions » GF Value Rank
Comparable Companies
PFL ARDC FOF TDF RFMZ AWP WHF MHN CPZ MIY BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
10 Westport Road, Suite C101a, Wilton, CT, USA, 06897
Website
https://www.ftportfolios.com
First Trust Energy Income & Growth Fund is a non-diversified, closed-end management investment company. Its investment objectives are to seek a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The company focuses on investing in a portfolio of cash-generating securities of energy companies as well as in other equity securities. In order to earn high income and growth, the company invests in publicly-traded master limited partnerships (MLPs) and related public entities in the energy sector such as midstream oil and gas, coal, propane, and marine transportation.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Nandita Hogan other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
John K Tysseland other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVE., WESTPORT CT 06880
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Lisa Iantorno other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
David Edward Scott other: CCO - Investment Sub-Advisor 98 MILL PLAIN ROAD, SUITE 4C, DANBURY CT 06811
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Lynch Coleen D officer: Assistant Vice President FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kathleen Wieland Brown other: Officer-Investment Adviser C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Energyome & Growth Fund (First Trust Energyome & Growth Fund) Headlines