What is EIPX?

EIPX seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the fund’s sub-adviser.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EIPX -- -- -- -- -- -- --
EIPX (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI AC World IMI / Energy -SEC -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EIPX Factset Analytics Insight

EIPX actively manages a portfolio of energy firms, stretching across multiple industries from the broadly defined energy space. The fund includes global companies classified under GICS’ energy, utilities (except water), and other sectors that derive at least 50% of their revenues from exploration, development, production, transportation, processing, storing, refining, distribution, or marketing of oil and gas, as well as other energy sources. Firms that derive at least half of their profits from engineering, consultation, and construction services of these sectors are also eligible for inclusion. Holdings are selected by evaluating a company’s yield, growth, and valuation. The sub-adviser particularly looks for companies with stable cash flows, high and sustainable dividend payouts, increasing per share earnings, and the potential for positive changes in value. The fund limits its exposure to MLPs and other firms taxed as partnerships to comply with applicable tax diversification rules.

EIPX Summary Data

First Trust
11/02/22
0.95%
$87.05M
No Underlying Index
MSCI AC World IMI / Energy -SEC
Open-Ended Fund

Peers

MSCI AC World IMI / Energy -SEC
IXC

Fund Flows

+$0.01B 5 Days
+$0.09B 30 Days
+$0.09B 90 Days

EIPX Portfolio Data

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N/A
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EIPX Index Data

No Underlying Index
Proprietary
Proprietary
MSCI AC World IMI / Energy -SEC

EIPX Portfolio Management

0.95%
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EIPX Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

EIPX Fund Structure

Open-Ended Fund
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 EIPX. EIPX is rated a N/A out of 5.

EIPX Tradability

188,222
$3.78M
24,619
$503.67K
0.22%
$0.05
0.18%
0.37% / -0.01%
None
100.00%
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0
$20.49
N/A

EIPX Sector/Industry Breakdown

EIPX Segment
Benchmark
39.49% --
33.04% --
25.27% --
1.04% --
0.52% --
0.44% --
0.21% --

EIPX Top 10 Holdings

5.55%
4.77%
4.21%
3.85%
2.98%
45.17%

EIPX Performance Statistics

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MSCI AC World IMI / Energy -SEC

EIPX Countries

EIPX Segment
Benchmark
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EIPX Regions

EIPX Segment
Benchmark
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EIPX Economic Development

EIPX Segment
Benchmark
0.00% --
0.00% --

EIPX Benchmark Comparison Holdings

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EIPX Benchmark Comparison Summary

EIPX Segment
Benchmark
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EIPX Benchmark Comparison Market Cap Size

EIPX Segment
Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.