ETF Quote Details
|NAV (month end)||27.12|
|Premium (+)/Discount (-) (month end)||-0.63|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.84 (3.17%)|
|Issuer||FIRST TRUST ADVISORS|
This ETF is active and does not track a particular benchmark. However, the fund does seek to provide exposure to a basket of securities that have Proprietary capitalizations generally similar to those of the Alerian MLP Index.
It is an actively managed ETF. Its investment objective is to seek total return. Its investment strategy will have an emphasis on current distributions & dividends paid to shareholders. The fund invests at least 80% of its net assets in equity securities of companies headquartered or incorporated in the United States & Canada engaged in the energy infrastructure sector.