Alerian Energy Infrastructure ETF
Market Price
NAV
NAV Change
Daily Return
Net Assets
YTD Return
Trailing Twelve Month Distribution
Bloomberg ETF IQ - ENFR
Paul Baiocchi, Chief ETF Strategist, SS&C ALPS Advisors, joins Bloomberg ETF IQ to discuss ENFR and its outlook under a Trump administration.
Paul Baiocchi is a Registered Representative of ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc.
Overview
Investment Objective
The Alerian Energy Infrastructure ETF (ENFR) seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Midstream Energy Select Index (AMEI). As a secondary objective, ENFR seeks to provide total return through income and capital appreciation.
Strategy
The Alerian Energy Infrastructure ETF (ENFR) delivers exposure to the Alerian Midstream Energy Select Index (AMEI), a composite of North American energy infrastructure companies.
Fund Details
| Ticker
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Listing Exchange
NYSE Arca |
| CUSIP
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ISIN
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| Net Assets
as of
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Inception Date |
| Fund Type Exchange-Traded Fund |
Primary Benchmark Alerian Midstream Energy Select Index |
Performance and Fees
Returns
As of
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As of
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As of
Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed, may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. For current month-end performance call 1-866-759-5679 or visit www.alpsfunds.com. Performance includes reinvested distributions and capital gains.
Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
Fund inception date: 10/31/2013
Alerian Midstream Energy Select Index: a composite of North American energy infrastructure companies. The capped, float-adjusted, capitalization-weighted index constituents are engaged in midstream activities involving energy commodities.
Alerian MLP Index: the leading gauge of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index constituents earn the majority of their cash flow from midstream activities involving energy commodities.
One may not invest directly in an index.
$10,000 Hypothetical Investment
The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month. Past performance is no guarantee of future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Fees
Facts and Characteristics
Fund Pricing
As of
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Trading Characteristics
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Fund Yields
| Trailing Twelve Month Distribution |
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| 30-Day SEC Yield |
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| 30-Day SEC Yield (Unsubsidized) |
Trailing Twelve Month (TTM) Distribution: refers to the return of capital the Fund has distributed to investors over the last 12 months. Roughly 59% of the TTM distribution as of 9/30/2024 was return of capital.
30-Day SEC Yield: reflects the dividends and interest earned during the period, after the deduction of the Fund's expenses.
30-Day SEC Yield (Unsubsidized): reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses, excluding fee waivers.
Risk Metrics
For the 3 years ending
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| Fund vs Index1 | Fund vs Index2 | |
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Portfolio
Sector Breakdown
- Top Five Holdings
| Company Name | % of Fund |
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Geography Breakdown
- Top Five Holdings
| Company Name | % of Fund |
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Fund Holdings
Funds Related to ENFR
Alerian MLP ETF
ALPS | Alerian Energy Infrastructure Portfolio
Fund Disclosure
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemable.
Investments in securities of Master Limited Partnerships (MLPs) involve risks that differ from an investment in common stock. MLPs are controlled by their general partners, which generally have conflicts of interest and limited fiduciary duties to the MLP, which may permit the general partner to favor its own interests over the MLPs.
A portion of the benefits you are expected to derive from the Fund’s investment in MLPs depends largely on the MLPs being treated as partnerships for federal income tax purposes. As a partnership, an MLP has no federal income tax liability at the entity level. Therefore, treatment of one or more MLPs as a corporation for federal income tax purposes could affect the Fund’s ability to meet its investment objective and would reduce the amount of cash available to pay or distribute to you. Legislative, judicial, or administrative changes and differing interpretations, possibly on a retroactive basis, could negatively impact the value of an investment in MLPs and therefore the value of your investment in the Fund.
The Fund invests primarily in a particular sector and could experience greater volatility than a fund investing in a broader range of industries.
The Fund may be subject to risks relating to its investment in Canadian securities. Because the Fund will invest in securities denominated in foreign currencies and the income received by the Fund will generally be in foreign currency, changes in currency exchange rates may negatively impact the Fund’s return.
Investments in the energy infrastructure sector are subject to: reduced volumes of natural gas or other energy commodities available for transporting, processing or storing; changes in the regulatory environment; extreme weather and; rising interest rates which could result in a higher cost of capital and drive investors into other investment opportunities.
The Fund employs a “passive management” - or indexing - investment approach and seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index. Unlike many investment companies, the Fund is not “actively” managed. Therefore, it would not necessarily sell or buy a security unless that security is removed from or added to the underlying index, respectively.
ALPS Advisors, Inc., registered investment adviser with the SEC, is the investment adviser to the Fund. ALPS Advisors, Inc. and ALPS Portfolio Solutions Distributor, Inc., affiliated entities, are unaffiliated with VettaFi and the Alerian Index Series.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.