EIPX

FT Energy Income Partners Strategy ETF

$27.08

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The FT Energy Income Partners Strategy ETF (EIPX) seeks to provide exposure to a portfolio of energy-related companies that are focused on generating income.

Overview

ETF tracking FT Energy Income Partners Strategy ETF

Category Energy

Issuer Other

Inception Date 2022-11-03

Market Cap $402.1M

Average Volume N/A

Dividend Yield 3.10%

52-Week Range $22.39 - $27.09

VWAP $27.00

Performance

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Investment Summary

📎 Investment Objective

The FT Energy Income Partners Strategy ETF (EIPX) seeks to provide exposure to a portfolio of energy-related companies that are focused on generating income.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of publicly traded energy companies, including master limited partnerships (MLPs), midstream energy companies, and other energy-related entities. The fund aims to generate a high level of current income while also providing the potential for capital appreciation.

✨ Key Features

Focuses on income-generating energy companies, including MLPs and midstream energy firms
Diversified portfolio across the energy sector
Potential for both current income and capital appreciation
Low expense ratio of 0.00%

⚠️ Primary Risks

Exposure to the volatile energy sector, which can be impacted by fluctuations in commodity prices, geopolitical events, and regulatory changes
Concentration risk as the fund is focused on a specific industry
Potential for lower returns compared to the broader market during periods of strong economic growth
Limited performance history as the fund is relatively new

👤 Best For

The FT Energy Income Partners Strategy ETF may be suitable for investors seeking exposure to the energy sector with a focus on income generation. It could be a component of a diversified portfolio, particularly for investors with a higher risk tolerance and a long-term investment horizon.