What this ETF is trying to do

The USCF Midstream Energy Income Fund (UMI) is an ETF that invests in midstream energy companies. These are typically companies that handle the transportation and storage of energy. Its Top Holdings include Energy Transfer LP (8.75%), Enterprise Products Partners LP (7.63%), and Targa Resources Corp (7.23%). These holdings were last updated on October 7, 2026.

What the numbers show

As of October 5, 2026, the current price of one share is $58.22.

When looking at performance, it is important to distinguish between price return (the change in share price) and total return (which includes distributions).

• Year-to-Date (YTD): The price return is 18.62%, while the total return is 22.36%.

• One Year: The price return is 13.29%, while the total return is 20.95%.

• Three Year: The price return is 70.61%, while the total return is 99.30%.

For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($51.39), the price-only increase of 13.29% would mean your shares are now worth approximately $11,329.

Income and distribution explanation

This ETF is designed to provide regular cash payments. It usually pays distributions monthly and has made 11 payments in the last 12 months.

The distribution yield is 6.08%. This percentage describes the cash distributions relative to the ETF price. It is important for beginners to know that a high yield alone can be misleading; it does not guarantee that the total return will be that high or that your original investment is safe.

NAV erosion explanation

NAV erosion happens when the underlying value of a fund's assets drops over time, often causing the share price to fall even if the fund pays high distributions.

For UMI, the erosion-risk score is 100, and the erosion label states "No price erosion detected." The erosion severity is rated as "good," and the severe erosion-risk flag is false.

Pros

• Strong total returns over the one-year (20.95%) and three-year (99.30%) periods.

• Consistent monthly distribution frequency.

• No detected price erosion according to the erosion-risk score.

Cons

• The distribution yield is lower than some other high-income funds.

• Performance is tied to the midstream energy sector, which can be volatile.

Beginner takeaway

UMI provides both share-price growth and regular monthly income. While the distribution yield is 6.08%, the total return has been higher because the share price also increased. Investors generally look for "principal stability," meaning they want the share price to stay steady or grow while they collect income. Based on the supplied data, this fund has not triggered any severe erosion-risk warnings.