EMLP: FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND
ETF Education Report: FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND (EMLP)
What this ETF is trying to do
The EMLP ETF focuses on North American energy infrastructure. This means it invests in companies that help move and manage energy resources. The fund holds a total of 61 different holdings.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price.
• Total Return: This includes both the share price change and any cash distributions (dividends) paid out to investors.
For EMLP, the numbers show growth in both areas:
• Year-to-Date (YTD): The price return is approximately 10.22%, while the total return is approximately 12.63%.
• One Year: The price return was approximately 9.07%, and the total return was approximately 12.31%.
• Three Years: The price return was approximately 64.07%, and the total return was approximately 80.91%.
Based on an estimated price from roughly one year ago of $38.27, the current price is $41.74.
Income and distribution explanation
Some investors look for ETFs that pay out cash regularly. This is called a distribution yield. EMLP has a distribution yield of approximately 2.94%. The trailing distributions were $1.23 per share. These payments usually happen quarterly, and there were 4 payments in the last 12 months.
It is important to remember that a high distribution yield is not the same as total return. While distributions provide cash, they are separate from the growth of the share price itself.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly over time. StockValueFinder uses an erosion-risk score to measure this risk. For EMLP, the erosion score is 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in the fund (note that this is a partial list):
• Enterprise Products Partners LP: 8.90%
• Energy Transfer LP: 7.42%
• Morgan Stanley Instl Liqudty Trs Instl: 6.12%
• MPLX LP Partnership Units: 4.38%
• National Fuel Gas Co: 3.86%
• Plains GP Holdings LP Class A: 3.86%
• Kinder Morgan Inc Class P: 3.66%
• Southern Co: 2.74%
• PPL Corp: 2.71%
• Duke Energy Corp: 2.47%
*Holdings can change over time.*
Pros
• The fund has shown positive price returns and total returns over the last year and three years.
• It provides regular cash distributions.
Cons
• The fund is focused on a specific sector (energy infrastructure), which may behave differently than the broader market.
Beginner takeaway
EMLP is an ETF that tracks energy infrastructure companies. It has provided both share-price growth and cash distributions. When evaluating this or any ETF, always look at the total return to see how much you actually earned including the cash paid out.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ENTERPRISE PRODUCTS PARTNERS LP | EPD | 8.90% |
| 2 | ENERGY TRANSFER LP | ET | 7.42% |
| 3 | MORGAN STANLEY INSTL LQUDTY TRS INSTL | MISXX | 6.12% |
| 4 | MPLX LP PARTNERSHIP UNITS | MPLX | 4.38% |
| 5 | NATIONAL FUEL GAS CO | NFG | 3.86% |
| 6 | PLAINS GP HOLDINGS LP CLASS A | PAGP | 3.86% |
| 7 | KINDER MORGAN INC CLASS P | KMI | 3.66% |
| 8 | SOUTHERN CO | SO | 2.74% |
| 9 | PPL CORP | PPL | 2.71% |
| 10 | DUKE ENERGY CORP | DUK | 2.47% |