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Compare · FEN vs MAIN

FEN vs MAIN

Side-by-side comparison of First Trust Energy Income and Growth Fund (FEN) and Main Street Capital Corporation (MAIN): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both FEN and MAIN operate in Finance/Investors Services (Finance), so they compete in similar markets.
  • MAIN is the larger of the two at $4.82B, about 16.2x FEN ($296.5M).
  • MAIN has hit the wire 10 times in the past 4 weeks while FEN has been quiet.
  • MAIN has more recent analyst coverage (12 ratings vs 0 for FEN).
MetricFENMAIN
Company
First Trust Energy Income and Growth Fund
Main Street Capital Corporation
Price
$15.96-0.44%
$51.42-0.53%
Market cap
$296.5M
$4.82B
1M return
-
-9.26%
1Y return
-
-11.76%
Industry
Finance/Investors Services
Finance/Investors Services
Exchange
AMEX
NYSE
IPO
2004
2007
News (4w)
0
10
Recent ratings
0
12
FEN

First Trust Energy Income and Growth Fund

First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector, including companies in the business of transporting, processing, storing, distributing, or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or electricity, or exploring, developing, managing or producing such commodities or products, or in supplying energy-related products and services. The fund primarily invests in growth stocks of companies, energy sector MLPs, and MLP-related entities. It employs a combination of fundamental and quantitative analysis, focusing on such factors as debt to cash flows, coverage ratios, incentive structure, management team, track record of distribution, and dividend growth to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Barclays Capital U.S. Credit Index of Corporate Bonds, Alerian MLP Total Return Index, Wells Fargo Midstream MLP Total Return Index, and composite index comprised of 50% Alerian MLP Total Return Index and 50% Wells Fargo Midstream MLP Total Return Index. It was formerly known as Energy Income & Growth Fund. First Trust Energy Income and Growth Fund was formed on March 25, 2004 and is domiciled in the United States.

MAIN

Main Street Capital Corporation

Main Street Capital Corporation is a private equity firm specializes in equity capital to lower middle market companies. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. The firm typically invests in lower middle market companies generally with annual revenues between $10 million and $150 million. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It makes majority and minority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas.

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