EMLP

First Trust North American Energy Infrastructure Fund
N/A

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

EMLP Fund Description

The First Trust North American Energy Infrastructure ETF is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs.

EMLP Factset Analytics Insight

EMLP is one of the very few actively-managed ETPs in the MLP segment. While AMLP others are structured as C-corporations to circumvent the rule that open-ended funds can't hold more than 25% of their portfolios in MLPs, EMLP is structured as a traditional 1940 Act fund. To maintain that structure, the issuer has extended the universe to include pipelines and utilities structured as C-corporations, Canadian firms that used to be royalty trusts, and unique institutional MLP shares issued by MLP affiliates. It's therefore not a pure MLP play, and skews quite a bit from our benchmark with a complex portfolio: some underlying MLPs make distributions in shares rather than cash, which may explain the fund's lower yield. The fund sees robust daily volume in trading with narrow spreads, and underlying liquidity is sufficient. EMLP charges a high fee, but is in line with other actively-managed funds.

EMLP 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 August 16, 2018 the First Trust North American Energy Infrastructure Fund MSCI ESG Fund Quality Score is 5.23 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. EMLP ranks in the 79th percentile within its peer group and in the 40th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

EMLP CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/16/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EMLP 3.73% 8.03% 0.80% 3.00% 3.49% 4.82% --
EMLP (NAV) 3.67% 8.20% 1.06% 3.13% 3.47% 4.89% --
No Underlying Index -- -- -- -- -- -- --
Alerian MLP Index 9.13% 9.11% 9.32% 13.28% -0.42% -1.68% 7.86%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EMLP Top 10 Countries

EMLP Top 10 Sectors

EMLP Top 10 Holdings [View All]

EMLP Summary Data

First Trust
06/21/12
Open-Ended Fund
0.95%
$2.32B
$9.32M
0.06%

EMLP Portfolio Data

$22.21B
20.19
2.01
3.80%
09/14/18
60

EMLP Index Data

No Underlying Index
Proprietary
Proprietary
Alerian MLP Index

EMLP Portfolio Management

0.95%
--
--
--

EMLP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

EMLP Fund Structure

Open-Ended Fund
No
No
100% / 0%
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

EMLP Factset Analytics Block Liquidity

As of 08/17/18
5
4
3
2
1

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

EMLP Tradability

394,940
$9.32M
360,730
$8.40M
0.06%
$0.01
0.04%
0.22% / -0.29%
None
100.00%
50,000
7.21
0.04%
0.20%
68
$24.22
5

EMLP Sector/Industry Breakdown


EMLP
Segment Benchmark
45.44%
65.22%
31.46%
--
6.24%
--
5.71%
--
5.44%
20.18%
1.51%
0.85%
0.66%
--
0.25%
--
0.13%
--

EMLP TOP 10 HOLDINGS[View All]

5.62%
4.87%
3.84%
3.78%
3.63%
40.33%

EMLP Countries


EMLP
Segment Benchmark
80.46%
100.00%
17.58%
--
1.96%
--

EMLP Regions


EMLP
Segment Benchmark
98.04%
100.00%
1.96%
--

EMLP Economic Development


EMLP
Segment Benchmark
100.00%
100.00%

EMLP Performance Statistics

0.66
0.48
0.47
0.53
0.74%
Alerian MLP Index

EMLP MSCI ESG Ratings

5.23 / 10
78.87
39.67
28.19%
5.05%
1,550.62

EMLP BENCHMARK COMPARISON HOLDINGS

60
44
15
18.67%

EMLP BENCHMARK COMPARISON SUMMARY


EMLP
Segment Benchmark
60
44
$22.21B
$17.72B
20.19
23.51
2.01
1.80
4.66%
8.06%
Medium
--

EMLP BENCHMARK COMPARISON MARKET CAP SIZE


EMLP
Segment Benchmark
58.96%
52.45%
27.67%
30.98%
12.59%
16.57%
0.78%
0.00%