First Trust New Opportunities MLP & Energy Fund Declares its Monthly Common Share Distribution of $0.075 Per Share for October

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 $0.075 per share payable on October 15, 2018, to shareholders of record as of October 2, 2018. The ex-dividend date is expected to be October 1, 2018. The monthly distribution information for the Fund appears below.

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

Distribution per share: $ 0.075 Distribution Rate based on the September 19, 2018 NAV of $10.52: 8.56% Distribution Rate based on the September 19, 2018 closing market price of $9.78: 9.20%  

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 2018 distributions will be made after the end of 2018 and will be provided on Form 1099-DIV.

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. To generate additional income, the Fund currently expects to write (or sell) covered call options on up to 35% of its managed assets. The Fund is treated as a regular corporation, or a "C" corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.