What is EMLP?

EMLP is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs.

PERFORMANCE [as of 03/28/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EMLP -1.60% -0.70% -1.48% -1.88% 19.07% 7.92% 4.93%
EMLP (NAV) -1.48% -0.72% -1.37% -1.70% 19.11% 7.95% 4.96%
No Underlying Index -- -- -- -- -- -- --
MSCI North America IMI / Oil & Gas Storage & Transportation –SUB -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 Summary Data

First Trust
06/21/12
0.95%
$2.38B
No Underlying Index
MSCI North America IMI / Oil & Gas Storage & Transportation –SUB
Open-Ended Fund

Peers

MSCI North America IMI / Oil & Gas Storage & Transportation –SUB
AMJ, UMI

Fund Flows

-$0.00B 5 Days
-$0.03B 30 Days
-$0.12B 90 Days

EMLP Portfolio Data

$26.66B
14.89
2.23
3.56%
N/A
63

EMLP Index Data

No Underlying Index
Proprietary
Proprietary
MSCI North America IMI / Oil & Gas Storage & Transportation –SUB

EMLP Portfolio Management

0.95%
--
--
--

EMLP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

EMLP Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/29/23

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

373,050
$10.04M
260,903
$7.13M
0.04%
$0.01
0.01%
0.19% / -0.31%
None
100.00%
50,000
5.22
0.04%
0.10%
10
$26.05
5

EMLP Sector/Industry Breakdown

EMLP Segment
Benchmark
45.95% --
37.97% --
8.40% --
7.08% --
0.35% --
0.13% --
0.12% --
0.00% --

EMLP Top 10 Holdings

7.21%
7.08%
6.05%
5.68%
5.24%
2.96%
50.00%

EMLP Performance Statistics

--
--
--
--
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MSCI North America IMI / Oil & Gas Storage & Transportation –SUB

EMLP Countries

EMLP Segment
Benchmark
82.42% --
6.83% --
1.06% --
1.00% --
0.10% --

EMLP Regions

EMLP Segment
Benchmark
89.25% --
2.16% --

EMLP Economic Development

EMLP Segment
Benchmark
91.40% --
0.00% --

EMLP Benchmark Comparison Holdings

63
--
--
--

EMLP Benchmark Comparison Summary

EMLP Segment
Benchmark
63 --
$26.66B --
14.89 --
2.23 --
4.52% --
Medium --

EMLP Benchmark Comparison Market Cap Size

EMLP Segment
Benchmark
59.82% --
29.51% --
2.07% --
0.00% --