One to consider for your IRA: AMZAAMZA is a ETF that mainly invests in the energy (mainly oil) industry for high dividends. I see the current drop as an opportunity for dividend investors. Limited partnerships can be tricky at tax time outside a IRA so I only put them there myself. Dropping 3% today. Watch for signs of it bottoming
Key stats
About InfraCap MLP ETF
Home page
Inception date
Oct 1, 2014
Structure
C-Corporation
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Virtus Advisers LLC
Distributor
VP Distributors LLC
AMZA stands out in the MLP space for its active management and monthly distribution frequency since most other MLP ETFs track indices and pay quarterly distributions. The funds active managers, Infrastructure Capital Advisors, intend to hold a concentrated portfolio of 25-50 MLPs, and expect cash distributions to comprise a significant portion of the funds total return. In addition, the fund employs leverage, shorting, and options strategies in an effort to enhance income and manage risk. Structured as a C-corporation, AMZA pays corporate taxes on gains, with the upside that its distributions are generally tax-deferred.
Classification
What's in the fund
Exposure type
Industrial Services
Distribution Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AMZA trades at 43.17 USD today, its price has risen 1.22% in the past 24 hours. Track more dynamics on AMZA price chart.
AMZA net asset value is 42.28 today — it's risen 3.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AMZA assets under management is 399.32 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AMZA price has risen by 1.75% over the last month, and its yearly performance shows a 10.69% increase. See more dynamics on AMZA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.08% over the last month, showed a −8.69% decrease in three-month performance and has increased by 12.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.08% over the last month, showed a −8.69% decrease in three-month performance and has increased by 12.78% in a year.
AMZA fund flows account for −14.25 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AMZA invests in stocks. See more details in our Analysis section.
AMZA expense ratio is 2.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, AMZA is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AMZA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AMZA shows the buy signal. See more of AMZA technicals for a more comprehensive analysis.
Today, AMZA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AMZA shows the buy signal. See more of AMZA technicals for a more comprehensive analysis.
Yes, AMZA pays dividends to its holders with the dividend yield of 7.82%.
AMZA trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AMZA shares are issued by Virtus Investment Partners, Inc.
AMZA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 1, 2014.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.