Summary
UMI Chart
This ETF Gives You Oil's Upside, minus the Downside Risk
Most energy investors want exposure to oil and gas demand without riding the full volatility of crude prices.
UMI: This Overlooked Energy ETF Is Quietly Crushing The Market
The USCF Midstream Energy Income Fund offers balanced exposure to U.S. and Canadian midstream energy companies, focusing on both dividends and capital appreciation. UMI's structure as a regulated investment company simplifies tax filing with 1099 forms and is suitable for taxable accounts, unlike MLP funds. Despite a higher expense ratio of 0.85%, UMI's 3-year dividend growth rate of 31.86% and solid performance make it a compelling choice for dividend growth investors.
UMI: Actively Managed Midstream Energy ETF, Few Advantages To Peers, No Reason To Buy
UMI is an active midstream energy ETF. Its 0.85% expense ratio is around twice as high as those of its peers, ENFR and MLPX. It offers few important advantages to peers, with broadly similar yields, valuations, returns, and portfolios.
USCF Midstream Energy Income Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 19,023 | $1.12M | $1.12M | $3,978.13 | 0.36% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 3,559 | $131,832.39 | $214,999.19 | $83,166.8 | 63.09% |
| YA Yinka Akinsola Blue Trust Inc. | 200 | $9,930 | $12,156 | $2,226 | 22.42% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 833 | $48,722.17 | $51,232 | $2,509.83 | 5.15% |
 Morgan Christen Spinnaker Investment Group LLC | 8,423 | $407,978.67 | $511,949.94 | $103,971.27 | 25.48% |
USCF Midstream Energy Income Fund (UMI) FAQ
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USCF Midstream Energy Income Fund Profile
| ARCA Exchange | US Country |
Overview
The fund is an investment vehicle that focuses on capitalizing on opportunities within the midstream energy sector in the United States and Canada. By allocating at least 80% of its net assets to equity securities of companies in this sector, the fund aims to achieve its investment objectives under normal market conditions. These companies can be of any market capitalization and are selected by the Sub-Adviser based on their engagement in midstream activities, including the transportation, storage, and wholesale marketing of energy commodities. Moreover, the fund has a significant concentration in the energy, oil, and gas industries, with more than 25% of its total asset value invested in these sectors. It operates as a non-diversified fund, meaning it may invest more heavily in fewer sectors or securities than diversified funds.
Products and Services
- Equity Investments in Midstream Sector
This product focuses on investing in equity securities of companies within the U.S. and Canadian midstream energy sector. The fund selects companies of any market capitalization that are deemed by the Sub-Adviser to be actively engaged in midstream activities such as transportation, storage, and wholesale marketing of energy commodities. This product aims to capitalize on the growth and income potential of these companies.
- Concentrated Investments in Energy, Oil, and Gas Industries
To achieve its investment objectives, the fund commits more than 25% of its total assets to the energy, oil, and gas sectors. This concentration allows the fund to leverage the specific opportunities and potential returns available within these industries. While this may increase the fund's exposure to sector-specific risks, it also positions the fund to benefit from the dynamics of the energy market.
