AMZA

InfraCap MLP ETF
N/A

N/A
*Unless otherwise stated, data provided by FactSet.

AMZA Fund Description

The InfraCap MLP ETF is a complex, actively managed fund that invests in midstream MLPs that collect, process, store, or transport energy products. Structured as a C-corporation, the ETF pays taxes at the fund level.

AMZA Factset Analytics Insight

AMZA stands out in the MLP space for its active management and monthly distribution frequency. Most other MLP ETFs track indices and pay quarterly distributions. The funds active managers, Infrastructure Capital Advisors, intend to hold 25-50 MLPs, and expect cash distributions to comprise a significant portion of the funds total return. In addition, the fund employs leverage, shorting, and options strategies in an effort to enhance income and manage risk. Note that some other index-based peers take plenty of "active" risk, with huge stakes in smaller MLPs, for example. If the fund does well, its headline fee will likely increase as deferred tax expenses rise. Thats because AMZA is structured as a C-corporation and pays corporate taxes on gains, with the upside that its distributions are generally tax-deferred.

AMZA MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the InfraCap MLP ETF MSCI ESG Fund Quality Score is 3.26 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. AMZA ranks in the 9th percentile within its peer group and in the 2nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

AMZA CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/18/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AMZA -0.27% 7.14% -0.68% 0.01% -13.20% -- --
AMZA (NAV) -0.29% 7.63% -0.51% 0.00% -13.11% -- --
No Underlying Index -- -- -- -- -- -- --
Alerian MLP Index -0.76% 7.25% 0.37% -0.59% -7.46% -3.65% 6.18%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AMZA Top 10 Countries

AMZA Top 10 Sectors

AMZA Top 10 Holdings [View All]

AMZA Summary Data

Virtus
InfraCap
10/07/14
C-Corporation
1.93%
$629.62M
$7.12M
0.14%

AMZA Portfolio Data

$16.34B
17.65
1.78
26.37%
06/20/18
529

AMZA Index Data

No Underlying Index
Proprietary
Proprietary
Alerian MLP Index

AMZA Portfolio Management

1.93%
--
--
--

AMZA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

AMZA Fund Structure

C-Corporation
No
No
No Policy
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

AMZA Factset Analytics Block Liquidity

As of 06/19/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of AMZA. AMZA is rated a 4 out of 5.

AMZA Tradability

947,238
$7.12M
893,164
$6.88M
0.14%
$0.01
0.20%
1.87% / -0.50%
None
100.00%
50,000
17.86
0.13%
0.11%
9,497
$7.58
4

AMZA Sector/Industry Breakdown


AMZA
Segment Benchmark
58.90%
66.67%
17.19%
19.57%
0.00%
--
0.00%
--
0.00%
--
0.00%
--
0.00%
--
0.00%
--
0.00%
--
0.00%
--

AMZA TOP 10 HOLDINGS[View All]

14.17%
13.54%
12.80%
9.03%
7.39%
5.15%
4.79%
4.04%
4.03%
81.45%

AMZA Countries


AMZA
Segment Benchmark
99.79%
100.00%
0.21%
--

AMZA Regions


AMZA
Segment Benchmark
100.00%
100.00%

AMZA Economic Development


AMZA
Segment Benchmark
100.00%
100.00%

AMZA Performance Statistics

0.95
1.16
1.17
1.23
0.39%
Alerian MLP Index

AMZA MSCI ESG Ratings

3.26 / 10
9.22
2.18
--
--
422.36

AMZA BENCHMARK COMPARISON HOLDINGS

529
42
27
62.55%

AMZA BENCHMARK COMPARISON SUMMARY


AMZA
Segment Benchmark
529
42
$16.34B
$17.67B
17.65
18.15
1.78
1.73
8.20%
8.09%
--
--

AMZA BENCHMARK COMPARISON MARKET CAP SIZE


AMZA
Segment Benchmark
51.39%
53.72%
40.17%
31.97%
8.44%
14.30%
0.00%
0.00%