EIPI

FT Energy Income Partners Enhanced Income ETF

$20.21

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The FT Energy Income Partners Enhanced Income ETF (EIPI) seeks to provide high current income and capital appreciation by investing in a portfolio of energy-related securities.

Overview

ETF tracking FT Energy Income Partners Enhanced Income ETF

Category Energy

Issuer Other

Inception Date 2024-05-06

Market Cap $918.3M

Average Volume N/A

Dividend Yield 6.19%

52-Week Range $17.92 - $20.87

VWAP $20.20

Performance

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Investment Summary

📎 Investment Objective

The FT Energy Income Partners Enhanced Income ETF (EIPI) seeks to provide high current income and capital appreciation by investing in a portfolio of energy-related securities.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of energy-related stocks, master limited partnerships (MLPs), and other energy-focused securities. The fund aims to generate high current income through a combination of dividend payments and option writing strategies.

✨ Key Features

Focuses on the energy sector, including oil, gas, and renewable energy companies
Utilizes an options strategy to potentially enhance income generation
Diversified portfolio across different energy subsectors and security types
Actively managed to adapt to changing market conditions

⚠️ Primary Risks

Exposure to the volatile energy sector, which can be impacted by fluctuations in commodity prices
Potential for higher risk and volatility compared to broader market indexes
Risks associated with the use of options, including the potential for losses and reduced upside potential
Concentration risk as the fund is focused on a single sector

👤 Best For

This ETF may be suitable for investors seeking high current income and capital appreciation, with a higher risk tolerance and a long-term investment horizon. It is best suited for investors who have a positive outlook on the energy sector and are comfortable with the additional risks associated with the fund's investment strategies.