Key stats
About USCF Midstream Energy Income Fund ETF
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Inception date
Mar 24, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
USCF Advisers LLC
Distributor
ALPS Distributors, Inc.
UMI actively invests in a narrow selection of about 20 to 25 believed to be high quality midstream energy companies that pay distributions. The fund adviser applies a bottom-up fundamental approach to energy infrastructure companies focused on transportation, storage, gathering and processing. Key metrics include income, growth of income, distribution coverage and leverage. The fund adviser also screens for persistent cash flow generation by evaluating contract quality and direct-commodity price exposure. In addition, ESG criteria are integrated in the funds research. UMI primarily invests in US and Canadian companies of any market-cap, with Canadian securities generally taking up 30% to 40% of the funds holdings. Investors should note that the fund may hold both energy infrastructure MLPs and C-corporations, which are taxed differently.
Related funds
Classification
What's in the fund
Exposure type
Industrial 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.
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.
UMI trades at 50.75 USD today, its price has fallen −0.21% in the past 24 hours. Track more dynamics on UMI price chart.
UMI net asset value is 50.78 today — it's risen 2.10% 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.
UMI assets under management is 376.47 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.
UMI price has risen by 0.77% over the last month, and its yearly performance shows a 21.03% increase. See more dynamics on UMI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.10% over the last month, showed a −1.24% decrease in three-month performance and has increased by 26.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.10% over the last month, showed a −1.24% decrease in three-month performance and has increased by 26.96% in a year.
UMI fund flows account for 48.46 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.
UMI invests in stocks. See more details in our Analysis section.
UMI expense ratio is 0.85%. 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.
No, UMI isn't leveraged, meaning it doesn't use 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, UMI 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 UMI shows the buy signal. See more of UMI technicals for a more comprehensive analysis.
Today, UMI 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 UMI shows the buy signal. See more of UMI technicals for a more comprehensive analysis.
Yes, UMI pays dividends to its holders with the dividend yield of 3.96%.
UMI trades at a premium (0.07%).
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.
UMI shares are issued by The Marygold Cos, Inc.
UMI 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 Mar 24, 2021.
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.