EMLPFirst Trust North American Energy Infrastructure Fund
EMLP Fund Description
EMLP is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs.
EMLP Factset Analytics Insight
EMLP is one of the actively-managed ETPs in the MLP segment. While other MLP funds 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 adds complexity to its portfolio: some underlying MLPs make distributions in shares rather than cash, which may explain the fund's lower yield.
EMLP MSCI ESG Analytics Insight
First Trust North American Energy Infrastructure Fund has an MSCI ESG Fund Rating of A based on a score of 6.50 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust North American Energy Infrastructure Fund ranks in the 61st percentile within its peer group and in the 48th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EMLP MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
EMLP Summary Data
EMLP Portfolio Data
EMLP Index Data
EMLP Portfolio Management
EMLP Tax Exposures
EMLP Fund Structure
EMLP Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
EMLP Economic Development
EMLP Performance Statistics
EMLP MSCI ESG Ratings
EMLP Benchmark Comparison Summary
EMLP Benchmark Comparison Market Cap Size