AMZA

InfraCap MLP ETF
CLOSING PRICECHANGE (%)VOLUME
$10.89-0.09 (-0.82%)703.41K
3:59:00 p.m. (ET) 03/27/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

N/A

N/A
as of 03/27/17

Rating Details

N/A
N/A
N/A
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

AMZA Fund Description

The InfraCap Active MLP ETF is an 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 itsAMZA stands out in the MLP space for its active management active management, where most other MLP ETFs track indices. The fund’s active managers, Infrastructure Capital Advisors, intend to hold 25-50 MLPs, and expect quarterly cash distributions to comprise a significant portion of the fund’s total return. 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. That’s because AMZA is structured as a C-corporation and pays corporate taxes on gains, with the upside that its distributions are generally tax-deferred. The fund launched in October 2014.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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AMZA Top 10 Countries

AMZA Top 10 Sectors

AMZA Top 10 Holdings View All

AMZA Summary Data

10/07/14
C-Corporation
1.36%
$305.02 M
$5.71 M
0.14%

AMZA Portfolio Data

$16.33 B
206.91
1.99
19.02%
01/04/17
36

AMZA Index Data

No Underlying Index
Proprietary
Proprietary
Alerian MLP Index

Related ETFs to AMZA

EMLP, MLPA, MLPX, IMLP, MLPO
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

AMZA Portfolio Management

1.36%
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--
--

AMZA Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

AMZA Fund Structure

C-Corporation
No
No
0% / 100%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:3110.8930
15:56:4110.88100
15:56:4110.88100
15:56:4110.88150
15:56:4110.88150
15:56:4110.8850
15:56:4110.88100
15:56:4110.88200
15:56:4110.88200
15:56:4110.88300
Bats BZX Real-time Quote - 17:08:49
Average Spread
Premium/Discount
Volume

AMZA FactSet Analytics Block Liquidity

As of 03/27/17
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 5 out of 5.

AMZA Tradability

513,022
$5.71 M
475,813
$5.42 M
0.14%
$0.02
0.33%
1.88% / -1.15%
None
100.00%
50,000
9.52
0.09%
0.10%
--
$10.98
5

AMZA Performance Statistics

0.91
1.09
1.15
1.05
0.37%
Alerian MLP Index