First Trust North American Energy Infrastructure Fund

Frequently Asked Questions About EMLP

What does EMLP invest in?

The fund invests at least 80% of its net assets in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include U.S. and Canadian natural gas and electric utilities, corporations operating energy infrastructure assets such as pipelines or renewable energy production, utilities, publicly-traded MLPs, MLP affiliates and energy infrastructure companies. It is non-diversified.

What is the expense ratio of EMLP?

First Trust North American Energy Infrastructure Fund (EMLP) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EMLP?

First Trust North American Energy Infrastructure Fund (EMLP) manages $4.18B 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 EMLP actively managed or an index fund?

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

When was EMLP launched?

First Trust North American Energy Infrastructure Fund (EMLP) launched in June 2012 and is managed by First Trust.

How has EMLP performed?

EMLP's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.