Of EMLP’s top-10 holdings, six are not MLPs and of the remaining four, three are MLP affiliates or general partners. Top holdings include Kinder Morgan Management (NYSE: KMR), Enbridge Energy Management (NYSE: EEQ) and Duke Energy (NYSE: DUK). As of the end of late June, nearly a third of EMLP’s weight was allocated to utilities stocks. In keeping with one of the fund’s aims of preventing unwanted tax burdens for investors, MLPs were 24.7% of the fund’s weight.
EMLP has a 0.95% expense ratio, a 2.66% 30-day SEC yield and has returned 15.5% since its debut.
First Trust North American Energy Infrastructure Fund
ETF Trends editorial team contributed to this post.