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About First Trust North American Energy Infrastructure Fund
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Inception date
Jun 21, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
EMLP is one of the actively-managed ETPs in the MLP segment. While other MLP funds are structured as C-corporations to circumvent the rule that open-ended funds can't hold more than 25% of their portfolios in MLPs, EMLP is structured as a traditional 1940 Act fund. To maintain that structure, the issuer has extended the universe to include pipelines and utilities structured as C-corporations, Canadian firms that used to be royalty trusts, and unique institutional MLP shares issued by MLP affiliates. It's therefore not a pure MLP play, and adds complexity to its portfolio: some underlying MLPs make distributions in shares rather than cash, which may explain the fund's lower yield.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Utilities
Stocks92.85%
Industrial Services45.51%
Utilities38.05%
Energy Minerals4.86%
Distribution Services3.13%
Process Industries0.72%
Producer Manufacturing0.58%
Bonds, Cash & Other7.15%
Mutual fund7.15%
Cash−0.00%
Stock breakdown by region
North America99.17%
Europe0.83%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EMLP invests in stocks. The fund's major sectors are Industrial Services, with 45.51% stocks, and Utilities, with 38.05% of the basket. The assets are mostly located in the North America region.
EMLP top holdings are Enterprise Products Partners L.P. and Energy Transfer LP, occupying 7.93% and 7.42% of the portfolio correspondingly.
EMLP last dividends amounted to 0.30 USD. The quarter before, the issuer paid 0.27 USD in dividends, which shows a 11.38% increase.
EMLP assets under management is 3.24 B USD. It's risen 1.73% over the last month.
EMLP fund flows account for 202.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EMLP pays dividends to its holders with the dividend yield of 3.15%. The last dividend (Mar 31, 2025) amounted to 0.30 USD. The dividends are paid quarterly.
EMLP shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Jun 21, 2012, and its management style is Active.
EMLP expense ratio is 0.96% meaning you'd have to pay 0.96% of your investment to help manage the fund.
EMLP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EMLP invests in stocks.
EMLP price has risen by 2.83% over the last month, and its yearly performance shows a 22.53% increase. See more dynamics on EMLP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.09% over the last month, have fallen by −0.09% over the last month, showed a 0.42% increase in three-month performance and has increased by 27.47% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.09% over the last month, have fallen by −0.09% over the last month, showed a 0.42% increase in three-month performance and has increased by 27.47% in a year.
EMLP trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.