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FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
fund voting report, part of First Trust
- Vote records reported
- 700year to 30 June 2024
- Against management
- 1.7%12 of 698 marked votes
- Say-on-pay support
- 97.5%for, of for + against + abstain
- Shareholder-proposal support
- 36.0%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND reported 700 vote records for the year to 30 June 2024. It marked 1.7% of its votes as cast against management (12 of 698), 5.0 percentage points below the median fund registrant, which was 6.7%.
Weighted by the number of shares voted, the against-management share is 2.5%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 97.5% of the section 14A say-on-pay items it reported (the median fund registrant: 91.2%) and it voted for 36.0% of the proposals put forward by security holders (the median fund registrant: 28.8%).
By category, votes against management were most frequent in CORPORATE GOVERNANCE (8.3% of 36), COMPENSATION (3.8% of 26) and SECTION 14A SAY-ON-PAY VOTES (2.3% of 43).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,284 fund registrants with at least 25 vote records in the season.
| year to 30 June 2024 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 1.7% | 6.7% | 10.2% |
| Say-on-pay support rate | 97.5% | 91.2% | 84.6% |
| Shareholder-proposal support rate | 36.0% | 28.8% | 37.0% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 0.08% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 486 | 476 | 1 | 0.2% | |
| SECTION 14A SAY-ON-PAY VOTES | 43 | 39 | 1 | 2.3% | |
| AUDIT-RELATED | 53 | 52 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 1 | 1 | 0 | 0.0% | |
| EXTRAORDINARY TRANSACTIONS | 4 | 2 | 2 | 50.0% | |
| CAPITAL STRUCTURE | 26 | 24 | 0 | 0.0% | |
| COMPENSATION | 26 | 24 | 1 | 3.8% | |
| CORPORATE GOVERNANCE | 38 | 30 | 2 | 8.3% | |
| ENVIRONMENT OR CLIMATE | 17 | 4 | 12 | 5.9% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 5 | 3 | 1 | 40.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 3 | 2 | 0 | 33.3% | |
| OTHER SOCIAL ISSUES | 6 | 3 | 2 | 0.0% | |
| OTHER | 2 | 2 | 0 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 700 | 1.7% | 97.5% | 36.0% |
Only one season is on file for this entry so far. The structured Form N-PX began with the year to 30 June 2024.
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND voted against management on 1 of the 40 it marked either way (2.5%) in the year to 30 June 2024.
- MAGELLAN MIDSTREAM PARTNERS, L.P. 21 Sep 2023
Shareholder proposals it supported
Of 25 proposals from security holders that could be told apart in the filings and on which it cast a vote, FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND voted for 9 (36.0%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| EXXON MOBIL CORPORATION | 29 May 2024 | Additional Pay Report on Gender and Racial Basis |
| EXXON MOBIL CORPORATION | 29 May 2024 | Shareholder proposal: ENVIRONMENT OR CLIMATE |
| CHEVRON CORPORATION | 29 May 2024 | Commission a Third-Party Report on Human Rights Practices |
| DUKE ENERGY CORPORATION | 9 May 2024 | Adopt Share Retention Policy For Senior Executives |
| THE SOUTHERN COMPANY | 22 May 2024 | Stockholder proposal regarding simple majority vote |
| Sempra | 9 May 2024 | Shareholder proposal requesting a report on certain safety and environmental matters |
| WEC Energy Group, Inc. | 9 May 2024 | Stockholder proposal regarding simple majority vote |
| Eversource Energy | 1 May 2024 | Vote on a shareholder proposal titled "Simple Majority Vote," if properly brought before the meeting. |
| JACOBS SOLUTIONS INC. | 24 Jan 2024 | Shareholder Proposal - Simple Majority Vote. |
Shares on loan
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND reported no shares on loan for the year to 30 June 2024. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 29 Aug 2024 accession 0001445546-24-006025
- Every N-PX filing by this filer on EDGAR
Questions
How did FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND vote on executive pay?
In the year to 30 June 2024 FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND reported 40 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 39 were for (97.5%), 1 against and 0 abstentions. Counting one item per company meeting, it voted against management on 1 of the 40 say-on-pay items it marked either way.
How often does FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND vote against management?
1.7% of the time in the year to 30 June 2024: 12 of the 698 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Did FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 13 votes on proposals from security holders in the year to 30 June 2024 and voted for 1 of them (7.7%). Across every category it voted for 36.0% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (filer no. 1589420), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.