If you own the InfraCap MLP ETF (NYSEARCA:AMZA) for income, the question is simple: can the fund keep cutting those $0.34 monthly checks?
InfraCap MLP ETF offers an 8.95% distribution yield, driven by active management, leverage, and covered call strategies. I assign AMZA a Hold rating, citing potential short-term volatility from energy price normalization despite strong long-term structural demand. AMZA is highly concentrated, with its top 10 holdings comprising 97% of equity exposure, and exhibits high turnover and above-average risk.
Energy ETFs are likely to remain strong, as oil prices are unlikely to return to pre-war levels even if an Iran war truce materializes, keeping high-yield funds in focus.
InfraCap MLP ETF (NYSEARCA:AMZA - Get Free Report) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 103,385 shares, an increase of 81.4% from the February 12th total of 56,994 shares. Approximately 1.1% of the company's stock are sold short.
Most income-focused ETFs force a trade-off: yield or growth. InfraCap MLP ETF ( NYSEARCA:AMZA ) tries to sidestep that tension by combining actively managed MLP exposure with leverage and a covered call overlay to push distributions higher than the underlying partnerships alone would deliver.
InfraCap MLP ETF maintains a buy rating despite underperforming the S&P 500 by over 20 percentage points in the past year. AMZA offers an 8.6% dividend yield and trades at a compelling 11.6x P/E with a 1.25x PEG ratio but faces high volatility and concentration risk. Technical analysis shows a precarious setup; support at $37–$38 is critical, with a potential downside to $26 if breached.
Master Limited Partnerships have long frustrated retirees seeking high yields from energy infrastructure.
AMZA's active income-oriented approach has delivered notable outperformance versus several passive MLP benchmarks through the macro rollercoaster of the last five years. For the five-year period ending 7/22/2025, AMZA delivered a cumulative total return of 285%, outperforming the Alerian MLP Index and the S&P MLP Index by over 40 percentage points. The Fund's approach to security selection and weighting help AMZA produce compelling returns.
CEO and CIO of Infrastructure Capital Advisors, Jay Hatfield, on being bullish all year, now more neutral on the markets. Bearish on Tesla due to high valuation and core business pressures, but bullish on Amazon and Broadcom for their reasonable valuations and growth prospects.
Master limited partnerships (MLPs) are widely recognized as a go-to vehicle for income-focused investors. AMZA is an actively managed ETF designed to combine the income-generating power of MLPs with a more investor-friendly, liquid wrapper. The quarter-end performance data show what we believe to be a commendable track record for AMZA, particularly when viewed through the lens of a volatile macro environment.
Expense ratios for exchange-traded funds (ETFs)—the measure of how much an investor must pay annually in order to invest in the fund—have trended downward recently. Passively managed funds had an average expense ratio of roughly 0.15% as of 2023, driven down in part by a highly competitive space in which providers race to undercut one another to provide cheaper and cheaper access.
ETF issuance is profitable for Wall Street, leading to an oversupply of ETFs not necessarily in investors' best interests. We leverage our data to identify three red flags you can use to avoid the worst ETFs. Invest in ETFs with total annual costs below 0.53% to ensure you are paying average or below-average fees.