First Trust North American Energy Infrastructure Fund (EMLP)
First Trust North American Energy Infrastructure Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $44.08, up 0.73% on the session, giving a market capitalisation of $4.07B. Its beta of 0.36 implies it has historically moved less than the broad market.
The fund invests at least 80% of its net assets in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include U.S. and Canadian natural gas and electric utilities, corporations operating energy infrastructure assets such as pipelines or renewable energy production, utilities, publicly-traded MLPs, MLP affiliates and energy infrastructure companies. It is non-diversified.
First Trust North American Energy Infrastructure Fund is most often compared with the following Financial Services names: