# USCF Midstream Energy Income Fund (UMI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/umi for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: USCF · Asset class: Equity - Strategy: Actively Managed · Inception: 2021-03-24 USCF ETF Trust - USCF Midstream Energy Income Fund is an exchange traded fund launched and managed by USCF Advisers LLC. It is co-managed by Miller/Howard Investments, Inc. The fund invests in public equity markets of the United States and Canada region. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas, natural gas liquids, oil and gas storage and transportation sectors. It invests in growth and value stocks of companies across diversified mark... ## Key Facts | Metric | Value | |---|---| | Price | $61.71 | | Expense Ratio | 0.85% | | Assets Under Management | $544.3M | | NAV | $60.47 | | Holdings Count | 32 | | Distribution Yield (TTM) | 5.93% | | Annual Distribution (TTM) | $3.66 /share | | Distribution Frequency | Monthly | | 52-Week Range | $47.74 – $64.77 | | Beta | 0.31 | ## Latest Distribution - Amount: $0.0520 /share - Ex-date: 2026-10-26 - Pay date: 2026-10-28 ## Frequently Asked Questions ### What does UMI invest in? USCF ETF Trust - USCF Midstream Energy Income Fund is an exchange traded fund launched and managed by USCF Advisers LLC. It is co-managed by Miller/Howard Investments, Inc. The fund invests in public equity markets of the United States and Canada region. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas, natural gas liquids, oil and gas storage and transportation sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P 500 Index and Alerian Midstream Energy Select Total Return Index. USCF ETF Trust - USCF Midstream Energy Income Fund was formed on March 23, 2021 and is domiciled in the United States. ### What is the expense ratio of UMI? USCF Midstream Energy Income Fund (UMI) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations. ### What is UMI's dividend yield? UMI's trailing-twelve-month yield is 5.93%, calculated from the sum of dividends over the past year divided by the current price. ### How big is UMI? USCF Midstream Energy Income Fund (UMI) manages $544.3M 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 UMI actively managed or an index fund? UMI is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (UMI's is 0.85%) in exchange for the discretion to over- or under-weight positions. ### When was UMI launched? USCF Midstream Energy Income Fund (UMI) launched in March 2021 and is managed by USCF. ### Does UMI pay a dividend? Yes, USCF Midstream Energy Income Fund (UMI) distributes dividends to shareholders. The trailing-twelve-month yield is 5.93%. Full dividend history is on this page. ### How often does UMI pay dividends? USCF Midstream Energy Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is UMI's next ex-dividend date? The most recently announced ex-dividend date for UMI was 2026-10-26. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will UMI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.85% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does UMI charge its expense ratio? The expense ratio is deducted in tiny daily slices from UMI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does UMI cost more than a fund like VOO? UMI is actively managed (current expense ratio 0.85%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether UMI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to UMI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as UMI (0.85%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/umi - Distribution history: https://www.dividenddata.com/funds/umi/dividend - Holdings & diversification: https://www.dividenddata.com/funds/umi/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/umi/expenses - Peer comparison: https://www.dividenddata.com/funds/umi/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.