ENFRAlerian Energy Infrastructure ETF
ENFR Fund Description
ENFR tracks an index of energy infrastructure companies in the US and Canada, weighted by market capitalization.
ENFR Factset Analytics Insight
ENFR is among the first MLP ETFs to be structured as an open-end fund. This is accomplished by combining MLP exposure with MLP affiliates and other energy infrastructure companies. For RIC compliance, limited partnership units are allocated a fixed 25% of the portfolio. To be included in the underlying index, companies must have their principal office in the US or Canada and earn the majority of their cash flow from qualifying midstream activities, such as gathering and processing, liquefaction, pipeline transportation, rail terminaling, and storage. In addition, companies must meet minimum liquidity requirements for a certain period. The index is rebalanced quarterly. In all, ENFR therefore avoids the tax inefficiencies of the C-Corporation and ETN structures.
ENFR MSCI ESG Analytics Insight
Alerian Energy Infrastructure ETF has an MSCI ESG Fund Rating of BB based on a score of 3.79 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. Alerian Energy Infrastructure ETF ranks in the 10th percentile within its peer group and in the 19th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ENFR 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.
ENFR Summary Data
ENFR Portfolio Data
ENFR Index Data
ENFR Portfolio Management
ENFR Tax Exposures
ENFR Fund Structure
ENFR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ENFR. ENFR is rated a 5 out of 5.
ENFR Sector/Industry Breakdown
ENFR Economic Development
ENFR Performance Statistics
ENFR MSCI ESG Ratings
ENFR Benchmark Comparison Summary
ENFR Benchmark Comparison Market Cap Size