First Trust North American Energy Infrastructure Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EMLP | Active ETF
$29.21
$2.44 B
3.31%
$0.97
0.96%
Vitals
YTD Return
6.4%
1 yr return
11.7%
3 Yr Avg Return
11.4%
5 Yr Avg Return
7.3%
Net Assets
$2.44 B
Holdings in Top 10
48.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.96%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EMLP | Active ETF
$29.21
$2.44 B
3.31%
$0.97
0.96%
EMLP - Profile
Distributions
- YTD Total Return 6.4%
- 3 Yr Annualized Total Return 11.4%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.71%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust North American Energy Infrastructure Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateJun 20, 2012
-
Shares Outstanding94855000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Murchie
Fund Description
EMLP - Performance
Return Ranking - Trailing
Period | EMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | 3.3% | 17.3% | 97.14% |
1 Yr | 11.7% | 1.3% | 40.3% | 93.33% |
3 Yr | 11.4%* | 5.3% | 35.1% | 91.09% |
5 Yr | 7.3%* | -7.9% | 33.3% | 75.56% |
10 Yr | 5.5%* | -6.5% | 11.0% | 3.45% |
* Annualized
Return Ranking - Calendar
Period | EMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.7% | -14.9% | 18.2% | 84.11% |
2022 | 6.9% | -7.0% | 29.9% | 89.42% |
2021 | 19.0% | 4.2% | 55.3% | 84.62% |
2020 | -17.7% | -57.4% | 155.1% | 12.62% |
2019 | 18.8% | -8.9% | 20.8% | 3.26% |
Total Return Ranking - Trailing
Period | EMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | 3.3% | 17.3% | 97.14% |
1 Yr | 11.7% | 1.3% | 40.3% | 93.33% |
3 Yr | 11.4%* | 5.3% | 35.1% | 91.09% |
5 Yr | 7.3%* | -7.9% | 33.3% | 75.56% |
10 Yr | 5.5%* | -6.5% | 11.0% | 3.45% |
* Annualized
Total Return Ranking - Calendar
Period | EMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -9.3% | 25.5% | 87.85% |
2022 | 10.4% | -1.2% | 38.8% | 93.27% |
2021 | 23.2% | 11.1% | 56.2% | 92.31% |
2020 | -13.4% | -53.9% | 155.1% | 14.56% |
2019 | 22.2% | -3.4% | 34.1% | 3.26% |
EMLP - Holdings
Concentration Analysis
EMLP | Category Low | Category High | EMLP % Rank | |
---|---|---|---|---|
Net Assets | 2.44 B | 22 M | 53.1 B | 8.70% |
Number of Holdings | 61 | 16 | 175 | 10.09% |
Net Assets in Top 10 | 1.11 B | 19.6 M | 3.1 B | 17.43% |
Weighting of Top 10 | 48.45% | 40.8% | 111.7% | 97.25% |
Top 10 Holdings
- Enterprise Products Partners LP 8.16%
- Energy Transfer LP 7.11%
- Plains GP Holdings LP 5.87%
- Sempra 4.64%
- Kinder Morgan Inc 4.37%
- ONEOK Inc 4.33%
- DT Midstream Inc 3.97%
- American Electric Power Co Inc 3.67%
- MPLX LP 3.35%
- Targa Resources Corp 2.99%
Asset Allocation
Weighting | Return Low | Return High | EMLP % Rank | |
---|---|---|---|---|
Stocks | 97.09% | 53.33% | 133.88% | 77.06% |
Cash | 2.91% | -58.21% | 13.58% | 19.27% |
Preferred Stocks | 0.00% | 0.00% | 2.34% | 70.64% |
Other | 0.00% | -36.30% | 4.52% | 64.22% |
Convertible Bonds | 0.00% | 0.00% | 5.29% | 68.81% |
Bonds | 0.00% | -0.01% | 44.12% | 66.06% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EMLP % Rank | |
---|---|---|---|---|
Energy | 53.73% | 53.73% | 100.00% | 100.00% |
Utilities | 41.78% | 0.00% | 41.78% | 0.92% |
Industrials | 3.53% | 0.00% | 4.54% | 2.75% |
Basic Materials | 0.75% | 0.00% | 6.40% | 40.37% |
Technology | 0.21% | 0.00% | 2.43% | 16.51% |
Real Estate | 0.00% | 0.00% | 3.96% | 68.81% |
Healthcare | 0.00% | 0.00% | 0.00% | 68.81% |
Financial Services | 0.00% | 0.00% | 0.66% | 70.64% |
Communication Services | 0.00% | 0.00% | 0.00% | 68.81% |
Consumer Defense | 0.00% | 0.00% | 0.82% | 68.81% |
Consumer Cyclical | 0.00% | 0.00% | 13.46% | 72.48% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EMLP % Rank | |
---|---|---|---|---|
US | 92.06% | 48.92% | 132.40% | 66.97% |
Non US | 5.03% | 0.00% | 26.09% | 33.94% |
EMLP - Expenses
Operational Fees
EMLP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.96% | 0.35% | 8.81% | 93.52% |
Management Fee | 0.95% | 0.35% | 1.38% | 40.87% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.34% |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
EMLP 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
EMLP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
EMLP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 6.00% | 166.00% | 46.28% |
EMLP - Distributions
Dividend Yield Analysis
EMLP | Category Low | Category High | EMLP % Rank | |
---|---|---|---|---|
Dividend Yield | 3.31% | 0.00% | 17.27% | 79.13% |
Dividend Distribution Analysis
EMLP | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
EMLP | Category Low | Category High | EMLP % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.71% | -6.38% | 9.57% | 35.19% |
Capital Gain Distribution Analysis
EMLP | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.264 | OrdinaryDividend |
Dec 29, 2023 | $0.242 | OrdinaryDividend |
Sep 29, 2023 | $0.282 | OrdinaryDividend |
Jun 30, 2023 | $0.293 | OrdinaryDividend |
Mar 31, 2023 | $0.269 | OrdinaryDividend |
Dec 30, 2022 | $0.209 | OrdinaryDividend |
Sep 30, 2022 | $0.245 | OrdinaryDividend |
Jun 30, 2022 | $0.204 | OrdinaryDividend |
Mar 31, 2022 | $0.183 | OrdinaryDividend |
Dec 31, 2021 | $0.193 | OrdinaryDividend |
Sep 30, 2021 | $0.209 | OrdinaryDividend |
Jun 30, 2021 | $0.204 | OrdinaryDividend |
Mar 31, 2021 | $0.215 | OrdinaryDividend |
Dec 31, 2020 | $0.229 | OrdinaryDividend |
Sep 30, 2020 | $0.121 | OrdinaryDividend |
Jun 30, 2020 | $0.281 | OrdinaryDividend |
Mar 31, 2020 | $0.258 | OrdinaryDividend |
Dec 31, 2019 | $0.260 | OrdinaryDividend |
Sep 30, 2019 | $0.001 | OrdinaryDividend |
Jun 28, 2019 | $0.219 | OrdinaryDividend |
Mar 29, 2019 | $0.220 | OrdinaryDividend |
Dec 31, 2018 | $0.291 | OrdinaryDividend |
Sep 28, 2018 | $0.219 | OrdinaryDividend |
Jun 29, 2018 | $0.263 | OrdinaryDividend |
Mar 29, 2018 | $0.238 | OrdinaryDividend |
Dec 29, 2017 | $0.209 | OrdinaryDividend |
Sep 29, 2017 | $0.210 | OrdinaryDividend |
Jun 30, 2017 | $0.284 | OrdinaryDividend |
Mar 31, 2017 | $0.230 | OrdinaryDividend |
Dec 30, 2016 | $0.245 | OrdinaryDividend |
Sep 30, 2016 | $0.232 | OrdinaryDividend |
Jun 30, 2016 | $0.234 | OrdinaryDividend |
Mar 31, 2016 | $0.203 | OrdinaryDividend |
Dec 31, 2015 | $0.268 | OrdinaryDividend |
Sep 30, 2015 | $0.234 | OrdinaryDividend |
Jun 30, 2015 | $0.232 | OrdinaryDividend |
Mar 31, 2015 | $0.201 | OrdinaryDividend |
Dec 31, 2014 | $0.234 | OrdinaryDividend |
Sep 30, 2014 | $0.231 | OrdinaryDividend |
Jun 30, 2014 | $0.183 | OrdinaryDividend |
Mar 31, 2014 | $0.218 | OrdinaryDividend |
Dec 31, 2013 | $0.208 | OrdinaryDividend |
Sep 30, 2013 | $0.200 | OrdinaryDividend |
Jun 28, 2013 | $0.195 | OrdinaryDividend |
Mar 28, 2013 | $0.172 | OrdinaryDividend |
Dec 31, 2012 | $0.139 | OrdinaryDividend |
Sep 28, 2012 | $0.110 | OrdinaryDividend |
EMLP - Fund Manager Analysis
Managers
James Murchie
Start Date
Tenure
Tenure Rank
Jun 20, 2012
9.95
10.0%
James Murchie co-founded EIP in 2003 with Linda Longville and Eva Pao. He is the President, CEO and Co-Portfolio Manager of EIP’s Funds and products which seek to focus on high-payout energy infrastructure securities such as Master Limited Partnerships (MLPs), MLP affiliates, Utilities, Yield Corporations (YieldCos) and Energy Infrastructure Real Estate Investment Trusts (REITs). From late 2004 to mid-2006, while the EIP investment team was affiliated with Pequot Capital Management, Mr. Murchie served as a Managing Director. In July 2006, EIP re-established its independence. In 1998, he founded Lawhill Capital where he managed a long/short equity fund that invested in energy and cyclical equities and commodities until 2003. From 1995 to 1997, he was a Managing Director at Tiger Management where his primary responsibility was investments in energy, commodities and related equities. From 1990-1995, Mr. Murchie was a Principal at Sanford C. Bernstein where he was a top-ranked energy analyst and sat on the Research Department’s Recommendation Review Committee. Before joining Bernstein, he spent 8 years at British Petroleum in 7 operating and staff positions of increasing responsibility. He has served on the board of Clark Refining and Marketing Company and as President and Treasurer of the Oil Analysts Group of New York. Mr. Murchie received a B.A. from Rice University in 1979 and an M.A. in Energy Planning from Harvard University in 1982
Eva Pao
Start Date
Tenure
Tenure Rank
Jun 20, 2012
9.95
10.0%
Eva Pao is a Co-Founder and Co-Portfolio Manager of EIP’s Funds and products. Eva Pao co-founded EIP in 2003, serving as Managing Director of EIP until the EIP investment team joined Pequot Capital Management. Ms. Pao served as Vice President of Pequot Capital Management from 2005 to mid-2006. Prior to Harvard Business School, Ms. Pao was a Manager at Enron Corp. where she managed a portfolio in Canadian oil and gas equities for Enron’s internal hedge fund that specialized in energy-related equities and managed a natural gas trading book. She received a B.A. from Rice University in 1996. She received an M.B.A. from the Harvard Business School in 2002.
John Tysseland
Start Date
Tenure
Tenure Rank
May 01, 2016
6.08
6.1%
John Tysseland is a Principal and Co-Portfolio Manager of EIP’s Funds and products. From 2005 to 2014, he worked at Citi Research most currently serving as a Managing Director where he covered midstream energy companies and MLPs. From 1998 to 2005, he worked at Raymond James & Associates as a Vice President who covered the oilfield service industry and established the firm’s initial coverage of MLPs in 2001. Prior to that, he was an Equity Trader at Momentum Securities from 1997 to 1998 and an Assistant Executive Director at Sumar Enterprises from 1996 to 1997. He graduated from The University of Texas at Austin in 1996 with a BA in economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 15.78 | 7.75 | 12.18 |