AMZA

InfraCap MLP ETF
N/A

N/A
  • 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 its 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.

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 November 21, 2017 the InfraCap MLP ETF MSCI ESG Fund Quality Score is 2.93 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 6th percentile within its peer group and in the 1st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 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

Virtus
InfraCap
10/07/14
C-Corporation
1.36%
$502.51M
$11.79M
0.12%

AMZA Portfolio Data

$17.98B
25
1.73
25.97%
10/03/17
35

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% / 39.6%
--
Qualified dividends
No

AMZA Fund Structure

C-Corporation
No
No
No Policy
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
15:59:317.9533
15:59:317.95100
15:59:317.95200
15:59:317.95100
15:59:317.95100
15:58:257.96100
15:48:317.96100
15:43:287.96100
15:43:287.96100
15:33:497.95320
Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

AMZA Factset Analytics Block Liquidity

As of 11/22/17
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

1,377,974
$11.79M
1,213,719
$10.69M
0.12%
$0.01
0.19%
0.95% / -0.66%
None
100%
50,000
24.27
0.12%
0.1%
--
$7.85
5

AMZA Geographic Exposure

AMZASegment Benchmark
100.00% 99.78%
-- 0.22%

AMZASegment Benchmark
100.00% 100.00%
0.00% / 0.00% 0.00% / 0.00%

AMZA Performance Statistics

0.92
1.07
1
1.19
0.37%
Alerian MLP Index

AMZA MSCI ESG Ratings

2.93 / 10
5.97
0.67
--
--
608.57

AMZA BENCHMARK COMPARISON

    AMZA
    35 Holdings
    Segment Benchmark
    39 Constituents
    Shared Holdings
    26 (Count)
     
    62.74% (Weight)
AMZASegment Benchmark
51.24% 56.60%
39.70% 40.99%
9.05% 2.41%
0.00% 0.00%
7.64% 7.81%
High High