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 MSCI ESG Analytics Insight
USCF Midstream Energy Income Fund has an MSCI ESG Fund Rating of A based on a score of 6.78 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. USCF Midstream Energy Income Fund ranks in the 63th percentile within its peer group and in the 46th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
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 4 out of 5.
UMI Economic Development
UMI Performance Statistics
UMI MSCI ESG Ratings
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.