NEW YORK, July 19, 2022 /PRNewswire/ — The InfraCap MLP ETF (NYSE Arca: AMZA) (the “Fund”) has declared a monthly distribution of $0.22 ($2.64 per share on an annualized basis). Distribution will be paid July 28, 2022 to shareholders of record at the close of business July 21, 2022.
AMZA cash distribution:
- Ex-Date: Wednesday, July 20, 2022
- Registration Date : Thursday, July 21, 2022
- Payment date : Thursday, July 28, 2022
The Fund estimates that 100% of the distribution, or $0.22 per share, is attributable to the return of capital and that 0.00%, or $0.00 per share, is attributable to dividend income. Infrastructure Capital Advisors expects to declare future distributions on a monthly basis. Distributions are scheduled, but not guaranteed, for each month. The next distribution is scheduled for August 2022.
For more information on AMZA’s distribution policy, its 2022 distribution schedule, or tax information, please visit the Fund’s website at www.virtusetfs.com.
About Virtus ETF Advisors
Virtus ETF Advisers is a New YorkNew York-based multi-manager ETF sponsor and affiliate of Virtus Investment Partners. With actively managed, index-based investment capabilities across multiple asset classes, Virtus offers a range of complementary exchange-traded funds under-advised by selected investment managers.
About Infrastructure Capital Advisors
Infrastructure Capital Advisors, LLC (ICA) is an SEC-registered investment adviser that manages exchange-traded funds and a series of hedge funds. The company was established in 2012 and is based in New York. ICA seeks total return opportunities in key infrastructure sectors, including energy, real estate, transportation, industrials and utilities. He often identifies opportunities in entities that are not taxed at the entity level, such as master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”). He also looks for opportunities in credit and related securities, such as preferred stocks. Current income is a primary objective in most, but not all, of the company’s investment activities. The focus is generally on asset-intensive companies that generate and distribute substantial streams of free cash flow. For more information, please visit www.infracapfunds.com.
Exchange Traded Funds: The value of an ETF may be more volatile than the underlying portfolio of securities the ETF is designed to track. The costs of carrying the ETF may exceed the cost of investing directly in the underlying securities.
MLP interest rate: As yield-based investments, MLPs involve interest rate risk and may underperform in rising interest rate environments. Additionally, when investors have heightened fears about the economy, the spread of risk between MLPs and competing investment options may widen, which may adversely affect the stock price of MLPs. Rising interest rates may increase the potential cost of MLP financing projects or the cost of operations, and may affect demand for MLP investments, which may result in lower performance or distributions of the Fund’s MLP investments .
Industry/Sector Concentration: A fund that concentrates its investments in a particular industry or sector will be more sensitive to conditions affecting that industry or sector than an unfocused fund.
Short sales: The Fund may engage in short selling and incur a loss if the price of a borrowed security increases before the date the Fund replaces the security.
Leverage: When a Fund leverages its portfolio, the value of its shares may be more volatile and all other risks may be heightened.
Derivatives: Investments in derivatives such as futures, options, forwards and swaps may increase volatility or result in a greater loss than the primary investment.
MLP: Investments in master limited partnerships may be affected by changes in tax laws, regulations or factors affecting the underlying assets.
No Warranty: There can be no assurance that the Portfolio will achieve its objective.
You should carefully consider the Fund’s investment objectives, risks and charges and expenses before investing. Contact VP Distributors LLC at 1-888-383-4184 or visit www.infracapmlp.com for a prospectus containing this and other information about the Fund. The prospectus should be read carefully before investing.
Virtus ETF Advisers, LLC is acting as investment advisor and Infrastructure Capital Advisors, LLC is acting as sub-advisor to the Fund.
The Fund is distributed by VP Distributors, LLCmember FINRA and subsidiary of Virtus Investment Partners, Inc.
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SOURCE InfraCap MLP ETF