Key stats
About First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF
Expense ratio
0.95%
Home page
Inception date
Nov 2, 2022
EIPX actively manages a portfolio of energy firms, stretching across multiple industries from the broadly defined energy space. The fund includes global companies classified under GICS energy, utilities (except water), and other sectors that derive at least 50% of their revenues from exploration, development, production, transportation, processing, storing, refining, distribution, or marketing of oil and gas, as well as other energy sources. Firms that derive at least half of their profits from engineering, consultation, and construction services are also eligible for inclusion. Holdings are selected by evaluating a companys yield, growth, and valuation. The sub-adviser looks for companies with stable cash flows, high and sustainable dividend payouts, increasing per share earnings, and the potential for positive changes in value. The fund limits its exposure to MLPs and other firms taxed as partnerships to comply with applicable tax diversification rules.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Energy Minerals
Utilities
Stocks98.80%
Industrial Services42.77%
Energy Minerals30.84%
Utilities21.12%
Distribution Services2.07%
Transportation0.83%
Miscellaneous0.46%
Producer Manufacturing0.46%
Electronic Technology0.25%
Bonds, Cash & Other1.20%
Mutual fund1.19%
Cash0.01%
Miscellaneous−0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history