First Trust Energy Infrastructure:FIF

    Manage Alerts

    Overview

    As of 11/24/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$10.95$12.91-15.18%
    52 Wk Avg$11.81$13.35-12.31%
    52 Wk High$17.50$18.34-1.04%
    52 Wk Low$6.05$7.74-21.27%
    Regular Distribution TypeManaged Distribution
    Distribution Rate6.85%
    Distribution Amount$0.0625
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks a high level of total return with an emphasis on current distributions paid to shareholders. The Fund will seek to achieve this objective by investing primarily in securities of companies engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships (MLPs), MLP affiliates, Canadian income trusts and their successor companies (collectively, Canadian Income Equities), pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission and petroleum and natural gas storage in the petroleum, natural gas and power generation industries. Under normal market conditions, the Fund will invest at least 80% of its Managed Assets (including assets obtained through leverage) in securities of Energy Infrastructure Companies.

    Capital Structure

    As of 11/24/2020

    Total Investment Exposure:$273.374M
    Total Common Assets:$226.574M
    Common Shares Outstanding:17,550,236
    Leverage

    As of 11/24/2020

    Preferred Share Assets:
    Total Debt (USD): $46.800M
    Regulatory Leverage (USD): $46.800M
    Effective Leverage (USD): $46.800M
    Effective Leverage (%): 17.12%
    Annual Expense Ratios

    As of 11/30/2019

      Per Common Share
    Management Fees1.34%
    Other Expenses:0.21%
    Baseline Expense: N/A
    Interest Expense:1.10%
    Total: 2.65%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    James J. Murchie, Eva Pao, Linda Longville, Saul Ballesteros

    Basics
    Category: Equity-MLP
    Ticker: FIF
    NAV Ticker: XFIFX
    Average Daily Volume (shares): 86,945
    Average Daily Volume (USD): $0.982M
    Inception Date: 9/27/2011
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 11/24/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 5/31/2020
    $0.1399
    Annualized Distribution Rate on NAV:
    As of 11/24/2020
    5.81%
    Total Return on NAV (12 months):
    As of 11/24/2020
    -28.00%
    Total % Portfolio Effectively Leveraged:
    As of 11/24/2020
    17.12%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 11/24/2020

    PeriodAvg Discount
    6 Month-16.60%
    1 Year-12.31%
    3 Year-9.45%
    5 Year-8.88%
    Z-Score

    As of 11/24/2020

    PeriodZStat
    3 Month1.72
    6 Month0.54
    1 Year-0.54
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/31/2020
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-40.26%-31.59%-70.32%-64.54%
    201941.42%28.06%16.44%13.89%
    2018-21.57%-13.36%-22.39%-17.44%
    20176.62%-0.20%-0.56%-5.69%
    201634.06%31.03%34.69%33.32%
    2015-33.04%-31.90%-44.89%-43.81%
    201428.88%28.39%4.21%6.36%
    201312.23%20.94%20.35%29.71%
    201217.40%6.40%9.61%3.27%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 10/31/2020
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 8/31/2020
    56
    Annual Portfolio Turnover:
    As of 11/30/2019
    55.00%
    Asset Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Utilities49.85%
    Defensive (Super Sector)49.85%
    Sensitive (Super Sector)48.33%
    Energy47.97%
    Basic Materials1.06%
    Cyclical (Super Sector)1.06%
    Cash Equivalents1.01%
    Cash Equivalents (Super Sector)1.01%
    Industrials0.36%
    Top Holdings

    As of 8/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    TC Energy Corp$27.33M10.55%
    Enterprise Products Partners LP$19.58M7.56%
    Public Service Enterprise Group Inc$15.43M5.96%
    NextEra Energy Partners LP$14.26M5.51%
    TC Pipelines LP$13.37M5.16%
    Williams Companies Inc$12.82M4.95%
    Kinder Morgan Inc Class P$12.76M4.92%
    Magellan Midstream Partners LP$12.18M4.70%
    Sempra Energy$11.31M4.37%
    PPL Corp$9.13M3.52%
    Country Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity80.91%
    Canada - Equity17.91%
    Denmark - Equity0.31%
    Spain - Equity0.11%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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