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First Trust Energy Income & Growth Fund  (AMEX:FEN) Research & Development: $0.00 Mil (TTM As of May. 2017)

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 May. 2017 was $0.00 Mil. Its research and development for the trailing twelve months (TTM) ended in May. 2017 was $0.00 Mil.


Historical Data

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

* Premium members only.

First Trust Energy Income & Growth Fund Annual Data

Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Research & Development Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

First Trust Energy Income & Growth Fund Semi-Annual Data

May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Calculation

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

For stock reported semi-annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in May. 2017 was $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.


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