Investment Objective
The investment seeks total return.
The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.
Latest EMLP News
No recent news for First Trust North American Energy Infrastructure Fund.
Performance
| 1 month | -1.41% | | 3 years | -- |
| 3 months | +2.61% | | 5 years | -- |
| 1 year | +14.93% | | Since inception | +13.38% |
Quote Details
| Previous close | $23.16 |
| Open day’s range | 22.80 – 23.11 |
| Net asset value (NAV) | 23.13 (12/03/2013) |
| Daily volume | 77,976 |
| Average volume (3 months) | 93,704 |
Data as of 3:59pm ET, 12/04/2013
Peer Comparisonvs. Equity energy ETFs
| | EMLP | Category |
|---|
| Performance 5-yr return | -- | +4.42% |
| Expense Gross exp ratio | 0.95% | 0.69% |
| Risk 5 year sharpe ratio | -- | 0.56 |
| Net assets | $438.8M | $823.4M |
| Average market cap | $9.5B | $16.7B |
| Average P/E | 19.9 | 17.7 |
| Dividend / Share | -- | 0.21% |
Competitors
| No competitors data available. |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
| EEQ Enbridge Energy Management LLC | 8.08% |
| KMR Kinder Morgan Management LLC | 7.64% |
| SO Southern Co | 4.13% |
| KMI Kinder Morgan, Inc. | 4.04% |
| NEE NextEra Energy Inc | 3.85% |
| D Dominion Resources Inc | 3.37% |
| -- TransCanada Corp | 3.03% |
| WMB Williams Companies Inc | 3.01% |
| UGI UGI Corporation | 2.94% |
| DUK Duke Energy Corporation | 2.92% |
-0.16 / -0.69%
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