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InfraCap MLP ETF

etf
AMZA
Dividend policy
Active
Price as of:
$13.7 -0.85 0%
primary theme
MLP Industry Equity
AMZA (ETF)

InfraCap MLP ETF

Dividend policy
Active
Price as of:
$13.7 -0.85 0%
primary theme
MLP Industry Equity
AMZA (ETF)
InfraCap MLP ETF
Dividend policy
Active
Price as of:
$13.7 -0.85 0%
primary theme
MLP Industry Equity

AMZA - Snapshot

Vitals

  • YTD Return 210.6%
  • 3 Yr Annualized Return -35.7%
  • 5 Yr Annualized Return -22.9%
  • Net Assets $91.9 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$14.55
$8.30
$47.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.41%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 136.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme MLP Industry Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Energy Limited Partnership

Compare AMZA to Popular MLP Industry Equity Funds and ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

Alerian MLP ETF

AMLP | ETF

$20.69

-3.81%

$3.01 B

18.01%

$3.88

blocked
blocked
blocked

148.12%

0.85%

$19.72

-2.76%

$1.69 B

4.66%

$0.95

blocked
blocked
blocked

-22.01%

0.95%

$2.58

-3.73%

$1.49 B

25.45%

$0.68

blocked
blocked
blocked

-50.38%

1.24%

$3.69

-2.90%

$1.49 B

18.57%

$0.71

blocked
blocked
blocked

-47.59%

0.95%

$7.11

-3.00%

$1.46 B

6.41%

$0.47

blocked
blocked
blocked

-42.98%

0.93%

AMZA - Profile

Distributions

  • YTD Total Return -69.7%
  • 3 Yr Annualized Total Return -35.7%
  • 5 Yr Annualized Total Return -22.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.72%
DIVIDENDS
  • Dividend Yield 33.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    InfraCap MLP ETF
  • Fund Family Name
    Virtus
  • Inception Date
    Oct 01, 2014
  • Shares Outstanding
    6840000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jay Hatfield

Fund Description

Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of MLPs in the energy infrastructure sector. It is non-diversified.


AMZA - Performance

Return Ranking - Trailing

Period AMZA Return Category Return Low Category Return High Rank in Category (%)
YTD 210.6% -88.8% 210.6% 0.71%
1 Yr -66.8% -88.9% 6.6% 92.25%
3 Yr -35.7%* -53.0% -0.2% 92.75%
5 Yr -22.9%* -35.9% 2.2% 93.50%
10 Yr N/A* -25.7% 4.6% N/A

* Annualized

Return Ranking - Calendar

Period AMZA Return Category Return Low Category Return High Rank in Category (%)
2019 -10.0% -87.2% 18.9% 99.24%
2018 -41.7% -83.3% -10.9% 99.18%
2017 -24.0% -59.9% -1.4% 98.13%
2016 1.6% -10.3% 459.2% 98.00%
2015 -51.4% -65.1% -1.2% 94.68%

Total Return Ranking - Trailing

Period AMZA Return Category Return Low Category Return High Rank in Category (%)
YTD -69.7% -88.8% 166.8% 98.58%
1 Yr -66.8% -88.9% 6.6% 92.25%
3 Yr -35.7%* -53.0% -0.2% 92.75%
5 Yr -22.9%* -35.9% 2.2% 93.50%
10 Yr N/A* -25.7% 4.6% N/A

* Annualized

Total Return Ranking - Calendar

Period AMZA Return Category Return Low Category Return High Rank in Category (%)
2019 -10.0% -87.2% 18.9% 99.24%
2018 -41.7% -83.3% -9.4% 99.18%
2017 -24.0% -59.9% 0.4% 98.13%
2016 1.6% -10.3% 65.5% 98.00%
2015 -51.4% -65.1% -1.2% 94.68%

AMZA - Holdings

Concentration Analysis

AMZA Category Low Category High AMZA % Rank
Net Assets 91.9 M 1.04 M 3.01 B 61.70%
Number of Holdings 25 15 154 77.95%
Net Assets in Top 10 105 M 167 K 2.35 B 58.27%
Weighting of Top 10 N/A 35.8% 87.1% N/A

Top 10 Holdings

  1. MPLX LP Partnership Units 19.77%
  2. Energy Transfer LP 15.64%
  3. NuStar Energy LP 15.32%
  4. Enterprise Products Partners LP 15.16%
  5. DCP Midstream LP 13.73%
  6. BP Midstream Partners LP 13.00%
  7. Western Midstream Partners LP 10.90%
  8. Shell Midstream Partners LP 10.34%
  9. Plains All American Pipeline LP 5.41%
  10. Phillips 66 Partners LP 5.36%

Asset Allocation

Weighting Return Low Return High AMZA % Rank
Stocks
145.34% 20.46% 145.34% 0.79%
Preferred Stocks
0.00% 0.00% 10.78% 56.69%
Other
0.00% 0.00% 39.71% 56.69%
Convertible Bonds
0.00% 0.00% 6.00% 51.18%
Bonds
0.00% 0.00% 64.85% 55.12%
Cash
-45.34% -45.34% 79.54% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High AMZA % Rank
Energy
100.00% 16.11% 100.00% 13.39%
Utilities
0.00% 0.00% 57.26% 85.04%
Technology
0.00% 0.00% 18.83% 54.33%
Real Estate
0.00% 0.00% 17.61% 52.76%
Industrials
0.00% 0.00% 7.68% 62.99%
Healthcare
0.00% 0.00% 0.00% 51.18%
Financial Services
0.00% 0.00% 2.45% 54.33%
Communication Services
0.00% 0.00% 4.72% 51.97%
Consumer Defense
0.00% 0.00% 0.00% 51.18%
Consumer Cyclical
0.00% 0.00% 3.95% 51.97%
Basic Materials
0.00% 0.00% 5.64% 67.72%

Stock Geographic Breakdown

Weighting Return Low Return High AMZA % Rank
US
145.34% 20.46% 145.34% 0.79%
Non US
0.00% 0.00% 47.08% 91.34%

AMZA - Expenses

Operational Fees

AMZA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.41% 0.40% 45.48% 36.43%
Management Fee 0.95% 0.00% 2.64% 45.21%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.25% N/A

Sales Fees

AMZA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

AMZA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AMZA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 136.00% 13.00% 439.00% 98.43%

AMZA - Distributions

Dividend Yield Analysis

AMZA Category Low Category High AMZA % Rank
Dividend Yield 33.14% 0.00% 33.14% 0.68%

Dividend Distribution Analysis

AMZA Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Quarterly

Net Income Ratio Analysis

AMZA Category Low Category High AMZA % Rank
Net Income Ratio -1.72% -49.00% 5.74% 91.54%

Capital Gain Distribution Analysis

AMZA Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

AMZA - Fund Manager Analysis

Managers

Jay Hatfield


Start Date

Tenure

Tenure Rank

Oct 01, 2014

6.0

6.0%

Mr. Hatfield is the Chief Executive Officer of Infrastructure Capital Management, LLC (“ICM”), a private investment company that he founded in 2002. Mr. Hatfield also is a co-founder of, and holds a significant interest in the general partner of, NGL Energy Partners, LP, an NYSE-listed master limited partnership (Symbol: NGL). Prior to founding ICM, Mr. Hatfield was a portfolio manager with SAC Capital Advisors. Before joining SAC, Mr. Hatfield was a Managing Director and Head of Fixed Income Research at Zimmer Lucas Partners. Mr. Hatfield began his investment banking career at Morgan Stanley & Co. Inc., where he spent over 10 years as an investment banker advising clients in the utility, power and energy industries. Mr. Hatfield began his career as an auditor and consultant at Arthur Young & Co. (now Ernst & Young), where he was a Certified Public Accountant and consultant, auditing and providing consulting services to companies in the technology, biotechnology and retailing industries. Mr. Hatfield has a Master of Business Administration degree from the Wharton School, University of Pennsylvania, where he specialized in Finance and graduated with distinction and as a member of the Beta Gamma Sigma honor society. Mr. Hatfield also has a Bachelor of Science degree in Managerial Economics from the University of California, Davis.

Edward Ryan


Start Date

Tenure

Tenure Rank

Oct 01, 2014

6.0

6.0%

Edward F. Ryan is a co-founder, Chief Financial Officer, and the Chief Operating Officer of Infrastructure Capital Advisors, LLC. Prior to co-founding the firm, Mr. Ryan was engaged in venture capital projects in the financial technology sector. Prior to his venture capital activities, he was founder and Managing Partner of Mansion Partners, LP, a private investment partnership focused on value stocks and special situations, which he ran for twelve years. Before launching his own investment management business, Mr. Ryan was Vice President and Director of Ansbacher (Dublin) Asset Management, Ltd., where he was part of a small team managing investments in global equity and fixed income markets for an offshore investment company and U.S. trusts and foundations. His primary investment focus was on financially troubled utilities, real estate investment trusts (REITs) and banks and thrifts. Prior to joining Ansbacher, he was an Investment Analyst and the Secretary/Treasurer at J. Rothschild Capital Management Corp., a unit of RIT Capital Partners plc. Mr. Ryan was a member of the team that launched the U.S. operation, where he evaluated U.S. investment opportunities and managed all corporate financial functions. Mr. Ryan began his career at The Bank of New York, where he was a Senior Industry Analyst specializing in the oil service industry. Mr. Ryan has a Master of Business Administration from the Graduate School of Business at Columbia University with a concentration in finance. He also has a Bachelor of Arts degree in Accounting from Saint John’s University (MN).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 16.6 6.33 10.51