FT Energy Income Partners Strategy ETF

Frequently Asked Questions About EIPX

What does EIPX invest in?

The FT Energy Income Partners Strategy ETF aims to generate an overall return that is balanced against its risk. Typically, to achieve this goal, the Fund allocates a minimum of 80% of its entire capital (which includes any funds acquired through borrowing for investment purposes) to a varied collection of stocks across the broad energy industry.

What is the expense ratio of EIPX?

FT Energy Income Partners Strategy ETF (EIPX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

What is EIPX's dividend yield?

EIPX's trailing-twelve-month yield is 2.67%, calculated from the sum of dividends over the past year divided by the current price.

How big is EIPX?

FT Energy Income Partners Strategy ETF (EIPX) manages $551.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EIPX actively managed or an index fund?

EIPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was EIPX launched?

FT Energy Income Partners Strategy ETF (EIPX) launched in November 2022 and is managed by First Trust.