InfraCap MLP ETF (AMZA)
| Assets | $374.63M |
| Expense Ratio | 2.75% |
| PE Ratio | 15.43 |
| Shares Out | 9.64M |
| Dividend (ttm) | $3.42 |
| Dividend Yield | 8.75% |
| Ex-Dividend Date | Oct 20, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 134.98% |
| Volume | 21,979 |
| Open | 38.99 |
| Previous Close | 38.94 |
| Day's Range | 38.40 - 39.20 |
| 52-Week Low | 37.18 |
| 52-Week High | 48.98 |
| Beta | 0.79 |
| Holdings | 109 |
| Inception Date | Oct 7, 2014 |
About AMZA
Fund Home PageThe InfraCap MLP ETF (AMZA) is an exchange-traded fund that mostly invests in energy equity. The fund is a complex, actively managed fund that invests in midstream MLPs that collect, process, store, or transport energy products. Structured as a C-corporation, the ETF pays taxes at the fund level. AMZA was launched on Oct 7, 2014 and is issued by InfraCap.
Top 10 Holdings
101.36% of assets| Name | Symbol | Weight |
|---|---|---|
| MPLX LP | MPLX | 14.89% |
| Plains All American Pipeline, L.P. | PAA | 13.88% |
| Energy Transfer LP | ET | 13.60% |
| Hess Midstream LP | HESM | 12.23% |
| Enterprise Products Partners L.P. | EPD | 11.07% |
| Western Midstream Partners, LP | WES | 10.47% |
| Sunoco LP | SUN | 8.80% |
| Cheniere Energy, Inc. | LNG | 6.63% |
| Targa Resources Corp. | TRGP | 5.48% |
| Kinder Morgan, Inc. | KMI | 4.30% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 20, 2025 | $0.290 | Oct 27, 2025 |
| Sep 22, 2025 | $0.290 | Sep 29, 2025 |
| Aug 20, 2025 | $0.290 | Aug 26, 2025 |
| Jul 21, 2025 | $0.290 | Jul 25, 2025 |
| Jun 20, 2025 | $0.290 | Jun 27, 2025 |
| May 20, 2025 | $0.290 | May 27, 2025 |
Performance
AMZA had a total return of 0.94% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.96%.
News
AMZA: Are MLPs Poised For A Comeback?
Following several years of upheaval in the energy market, midstream master limited partnerships (MLPs) could be positioned for a comeback. AMZA provides a diversified portfolio of 15–35 midstream MLPs...
InfraCap MLP ETF (NYSE Arca: AMZA) Provides Tax Update
NEW YORK--(BUSINESS WIRE)--InfraCap MLP ETF (NYSE Arca: AMZA or the “Fund”) has modified the estimate of its deferred tax liability based on the continued assessment of the tax impact of its Master Li...
InfraCap MLP ETF Q2 2025 Commentary
During the quarter, InfraCap MLP ETF returned -6.79% at net asset value. This compares to a return of -4.65% for the Benchmark Index. The Fund paid a monthly dividend of $0.29 per share for the last t...
AMZA: Outperforming MLP Benchmarks Over A Tough Macro Cycle
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 endin...
Waiting On Tech Earnings, Don't Overplay Market Seasonality
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 bullis...
AMZA: Maximizing Income-First Exposure To MLPs
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...
AMZA: After Sell-Off, This Oil & Gas MLP ETF Now Yields 8.5%
AMZA's 8.5% yield, supported by underlying long-term take-or-pay midstream oil & gas transportation agreements, makes it an attractive buy after a 13% drop post-Trump tariff announcement. The ETF's to...
How To Avoid The Worst Sector ETFs For Q1 2025
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 wor...
AMZA: Quiet Market Leadership Continues, Stick With It In 2025
Stocks have surged since mid-August 2024, with the S&P 500 up over 12%, driven by Financials, Information Technology, and Consumer Discretionary sectors. I reiterate a buy rating on the InfraCap MLP E...
Virtus Infrastructure Capital ETFs (AMZA/PFFA/PFFR) Declare Monthly Distributions
NEW YORK--(BUSINESS WIRE)--The InfraCap MLP ETF (NYSE Arca: AMZA) (the “Fund”) has declared a monthly distribution of $0.29 ($3.48 per share on an annualized basis). The distribution will be paid Janu...
AMZA: Long-Term Value Still Questionable
InfraCap MLP ETF's long-term performance is poor, with a -81% share price drop since inception and a -19% total return despite dividend reinvestment. The fund's distribution history is concerning, wit...
AMZA: Strong Performance Continues, And The Valuation Has Improved
Oil prices have been steady, ranging from mid-$60s to near $90, while other macro conditions have been generally favorable for MLPs. The InfraCap MLP ETF has performed well in the last few years, and ...
AMZA Modifies Estimate of Deferred Tax Liability
NEW YORK--(BUSINESS WIRE)--InfraCap MLP ETF (NYSE Arca: AMZA or the “Fund”) has modified the estimate of the Fund's deferred tax liability based on information reported by the Master Limited Partnersh...
AMZA: Taking Stock Of The Recent MLP Pullback, Reiterate Buy
Energy stocks have been performing well in the rising rate environment, while yield-sensitive niches have struggled. The InfraCap MLP ETF has outperformed the S&P 500 Trust ETF, though a pullback has ...
AMZA: A Compelling Monthly Income Story And Annualized Yield Topping 8%
AMZA's holdings are backed by long-lived assets that generate substantial cash flow to minimize risk. This active management team uses modest leverage and option strategies to enhance income. The regu...
InfraCap MLP ETF: Steady Amidst The Storm
The ETF is well-positioned for 2024, with strong underlying holdings like Energy Transfer expected to expand earnings and cash flows.
Virtus InfraCap ETFs (AMZA/PFFA/PFFR) Declare Monthly Distributions
NEW YORK--(BUSINESS WIRE)--The InfraCap MLP ETF (NYSE Arca: AMZA) (the “Fund”) has declared a monthly distribution of $0.26 ($3.12 per share on an annualized basis). The distribution will be paid Janu...
AMZA: This High Yield MLP-Focused ETF Is Worth Considering (Rating Upgrade)
InfraCap MLP ETF has a high expense ratio, but it offers higher yields compared to other ETFs, making it attractive for yield-seeking investors. AMZA is an actively managed ETF that uses leverage to p...
AMZA: Steady Trend Higher, Portfolio Remains Undervalued With Strong Momentum
The energy sector is barely positive YTD, utilities down 10%, but niche MLP fund AMZA outperforms. InfraCap MLP ETF uses leverage and fundamental analysis to target strong total returns. AMZA has high...
AMZA: A Good Fund, But Broader Energy Is Still Outperforming
InfraCap MLP ETF is an actively managed fund that invests in midstream energy MLPs, generating stable cash flows from long-term contracts. The fund employs modest leverage and options strategies to ge...
InfraCap MLP ETF (NYSE Arca: AMZA) Tax Update
NEW YORK--(BUSINESS WIRE)--Following the conclusion of a regular tax analysis conducted on the InfraCap MLP ETF (the "Fund"), Virtus ETF Advisers LLC, the Fund's investment adviser, is announcing a ch...
AMZA: An Energy ETF Worth Waiting For
AMZA is an energy ETF with an income focus, investing in midstream energy MLPs and utilizing leverage. The ETF has a high dividend yield and stable income, but its expense ratio of 1.64% is steep comp...
AMZA: 4 Reasons I'm Not Buying It
AMZA has a long track record of underperforming in terms of both share price, total return, and dividend growth. We can't blame this on the industry alone because most MLP stocks are performing much b...
These 8% Dividends Are Key To Early Retirement
With yields north of 7%, closed-end funds (CEFs) should be a staple of every American's portfolio.
AMZA: 8.6% Yield For This Actively Managed And Slightly Leveraged MLP ETF
MLPs' strong free cash flow generation leads to nice dividends, buybacks and debt reductions. This translates into a very low risk of dividend cuts and hence a positive backdrop for a continued MLP bu...
MLPX, AMZA: No More Alpha On Mid-Stream O&G
My previous bullish pick on a mid-stream O&G ETF has generated 5.04% alpha in a month. Now, I am changing my stance on the sector to a neutral 'hold'. A warmer EU winter implies lower volume demand.
AMZA: Accumulated Potential About To Burst (Technical Analysis)
The need for O&G capex investments is building up slowly, but surely with acceleration. Midstream O&G players stand to benefit from increased upstream volumes.
InfraCap MLP ETF (NYSE Arca: AMZA) Declares Monthly Distribution
NEW YORK , Dec. 19, 2022 /PRNewswire/ -- The InfraCap MLP ETF (NYSE Arca: AMZA) (the "Fund") has declared a monthly distribution of $0.22 ($2.64 per share on an annualized basis). The distribution wi...
XOP Vs. AMZA: Upstream Beats Midstream By Only 51%
This is the fourth round of the battle between our two favorite sectors. Both have beaten the market, but we have a clear preference for one.
AMZA Vs. XOP: Only One Winner, But Second Place Gets Chicken Dinner
A year back, we made a call on how AMZA and XOP would perform in different pricing environments. We examine what the pricing environment was and how the thesis played out.
AMZA: Outpace Inflation With An 8.7% Yield From Energy Infrastructure Companies
The InfraCap MLP ETF (AMZA) is a hybrid energy infrastructure fund positioned to deliver large amounts of income through an actively managed strategy.
AMZA: DUC Tales
When we last covered AMZA, we called for it to underperform upstream energy companies in the current price environment. That has worked well with AMZA lagging by an annualized 50%.
102 Monthly Pay Dividend Stocks And 80 Funds: December's Gift Bag
Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%, or more! These De...
Monitoring Inflation And The ETF Markets (Podcast Transcript)
Inflation and interest rates are on the minds of market participants. Learn how to react and best position yourself.
Monitoring Inflation And The ETF Markets
Inflation and interest rates are on the minds of market participants. Learn how to react and best position yourself. Learn about Infrastructure Capital Advisors ETFs: AMZA, PFFR, and PFFA.
AMZA: Reasons Midstream Stocks Are Likely To Lag
The InfraCap MLP ETF is an actively managed fund that invests primarily in the midstream sector.
AMZA: This Actively Managed MLP ETF Is Worth Considering
The InfraCap MLP ETF is an actively managed fund that holds nearly two dozen MLPs and has $230 million of assets under management. The business environment has improved substantially, and several MLPs...
Planning For 'Travelgeddon' - Why I'm Buying Energy Stocks Hand Over Fist
The United States looks to be positioned for one of the heaviest travel seasons this summer. While this should help hotels and airlines, this "Travelgeddon" should make the biggest impact for energy c...
AMLP Likely To Reap The Benefits Of Crude Oil's Revival
Alerian MLP ETF seeks to produce a risk/return profile of a select range of master limited partnerships. Particularly attractive due to distribution characteristics and tax efficiency, the holdings of...
AMZA: A Dive Into The Annual Report
InfraCap MLP ETF has delivered several cuts to its distribution over the years. We examine the coverage from the latest annual report.
AMZA Cuts And AMZA Soars
InfraCap MLP ETF cut its distribution yet again. We had given it a high probability of cutting its distribution despite paying from within underlying cash flow.