What is AMZA?

AMZA 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.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AMZA 1.53% 1.25% 37.74% 39.64% 5.32% -1.77% --
AMZA (NAV) 1.19% 1.44% 38.37% 41.08% 5.62% -1.56% --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AMZA Factset Analytics Insight

AMZA stands out in the MLP space for its active management and monthly distribution frequency since most other MLP ETFs track indices and pay quarterly distributions. The fund’s active managers, Infrastructure Capital Advisors, intend to hold a concentrated portfolio of 25-50 MLPs, and expect cash distributions to comprise a significant portion of the fund’s total return. In addition, the fund employs leverage, shorting, and options strategies in an effort to enhance income and manage risk. Structured as a C-corporation, AMZA pays corporate taxes on gains, with the upside that its distributions are generally tax-deferred.

AMZA Summary Data

10/01/14
1.40%
$329.63M
No Underlying Index
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB
C-Corporation

Peers

MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

Fund Flows

+$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

AMZA Portfolio Data

$27.78B
13.74
1.80
6.62%
N/A
28

AMZA Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

AMZA Portfolio Management

1.40%
--
--
--

AMZA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

AMZA Fund Structure

C-Corporation
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

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

70,355
$2.22M
51,402
$1.71M
0.66%
$0.21
0.02%
1.00% / -0.60%
None
100.00%
50,000
1.03
0.04%
0.87%
3,674
$33.24
4

AMZA Sector/Industry Breakdown

AMZA Segment
Benchmark
115.44% --
10.67% --
3.58% --
1.01% --
0.27% --
-30.97% --

AMZA Top 10 Holdings

19.05%
15.66%
15.27%
14.11%
11.82%
11.65%
10.67%
9.09%
7.61%
4.38%
119.29%

AMZA Performance Statistics

--
--
--
--
--
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

AMZA Countries

AMZA Segment
Benchmark
100.19% --
0.05% --
0.00% --

AMZA Regions

AMZA Segment
Benchmark
100.24% --
0.00% --

AMZA Economic Development

AMZA Segment
Benchmark
100.00% --
0.00% --

AMZA Benchmark Comparison Holdings

28
--
--
--

AMZA Benchmark Comparison Summary

AMZA Segment
Benchmark
28 --
$27.78B --
13.74 --
1.80 --
6.74% --
High --

AMZA Benchmark Comparison Market Cap Size

AMZA Segment
Benchmark
53.23% --
61.57% --
14.09% --
0.00% --