USCF Midstream Energy Income Fund ETF (UMI)
| Assets | $400.02M |
| Expense Ratio | 0.85% |
| PE Ratio | 19.38 |
| Shares Out | 7.46M |
| Dividend (ttm) | $2.18 |
| Dividend Yield | 4.04% |
| Ex-Dividend Date | Dec 27, 2024 |
| Payout Ratio | 78.25% |
| 1-Year Return | +48.33% |
| Volume | 29,484 |
| Open | 53.67 |
| Previous Close | 53.70 |
| Day's Range | 53.67 - 54.24 |
| 52-Week Low | 35.97 |
| 52-Week High | 54.24 |
| Beta | 0.73 |
| Holdings | 22 |
| Inception Date | Mar 24, 2021 |
About UMI
Fund Home PageThe USCF Midstream Energy Income Fund ETF (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is issued by Marygold.
Top 10 Holdings
70.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Targa Resources Corp. | TRGP | 10.45% |
| Energy Transfer LP | ET | 9.72% |
| Enterprise Products Partners L.P. | EPD | 7.54% |
| Enbridge Inc. | ENB | 7.33% |
| Kinder Morgan, Inc. | KMI | 6.40% |
| DT Midstream, Inc. | DTM | 6.38% |
| Cheniere Energy, Inc. | LNG | 5.99% |
| The Williams Companies, Inc. | WMB | 5.56% |
| MPLX LP | MPLX | 5.55% |
| ONEOK, Inc. | OKE | 5.51% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.249 | n/a |
| Nov 26, 2024 | $0.406 | n/a |
| Oct 29, 2024 | $0.030 | Oct 31, 2024 |
| Sep 26, 2024 | $0.055 | Sep 30, 2024 |
| Aug 28, 2024 | $0.410 | Aug 30, 2024 |
| Jun 26, 2024 | $0.046 | Jun 28, 2024 |
News
Disruptive Theme of the Week: 2024's Top Investment Themes & Trends
2024 was an amazing year for investment performance, with the broad market S&P 500 TR Index up over 28%. There were also some serious ETF milestones achieved this year.
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, v...
UMI: Active Midstream But Unclear If Active Helps
The midstream segment of the energy sector offers exposure to the energy market with lower volatility and stable cashflows. The USCF Midstream Energy Income Fund is an active fund that aims to provide...
Despite Decent 2023 Returns, UMI Continues To Lag Passive ETFs
The USCF Midstream Energy Income Fund ETF is a concentrated sector fund focused on energy midstream companies with low portfolio turnover. The USCF Midstream Energy Income Fund ETF has delivered decen...
UMI: Active Strategy Focused On Energy Infrastructure Underperforms Passive ETF
USCF Midstream Energy Income Fund ETF is an active exchange-traded fund focused on energy infrastructure companies. In the fund's short operating history, it has significantly underperformed passive E...
UMI: Sometimes It's Good To Be In The Middle
USCF Midstream Energy Income Fund tracks American midstream energy companies. UMI is a fairly new fund, trading since March of 2021.
UMI: Midstream Energy Fund With NGL Tilt Outperforms
UMI is a midstream energy infrastructure ETF. It has outperformed several competitor ETFs.
Reasons For Midstream Investors To Be Calm Amid Today's Stock Market Storm
Oil and gas midstream stocks are not E&Ps, though they're trading as if they were. Oil macro conditions will remain positive for midstream above $70 per barrel.
David Bahnsen's Favorite Pipeline Picks - Alpha Trader Podcast (Transcript)
Aaron Task: Dow and S&P in record territory but the big story in financial markets to start the week, oil and gas futures surging to the highest level since May 2018 after a cyber-attack on a key fuel...
David Bahnsen's Favorite Pipeline Picks - Alpha Trader (Podcast)
Speaking shortly after the cyberattack on the Colonial Pipeline, Bahnsen says the news speaks to the need for a robust, voluminous, highly effective, and technologized pipeline system to transport oil...