UMIUSCF Midstream Energy Income Fund
UMI Fund Description
UMI holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research.
UMI Factset Analytics Insight
UMI actively invests in a narrow selection of about 20 to 25 believed to be high quality midstream energy companies that pay distributions. The fund adviser applies a bottom-up fundamental approach to energy infrastructure companies focused on transportation, storage, gathering and processing. Key metrics include income, growth of income, distribution coverage and leverage. The fund adviser also screens for persistent cash flow generation by evaluating contract quality and direct-commodity price exposure. In addition, ESG criteria are integrated in the fund’s research. UMI primarily invests in US and Canadian companies of any market-cap, with Canadian securities generally taking up 30% to 40% of the fund’s holdings. Investors should note that the fund may hold both energy infrastructure MLPs and C-corporations, which are taxed differently.
UMI Summary Data
UMI Portfolio Data
UMI Index Data
UMI Portfolio Management
UMI Tax Exposures
UMI Fund Structure
UMI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UMI. UMI is rated a 5 out of 5.
UMI Sector/Industry Breakdown
UMI Economic Development
UMI Performance Statistics
UMI Benchmark Comparison Summary
UMI Benchmark Comparison Market Cap Size
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.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.