(EMLP) North American Energy - Overview
Etf: Pipelines, Utilities, Renewables, Midstream
Dividends
| Dividend Yield | 3.20% |
| Yield on Cost 5y | 6.53% |
| Yield CAGR 5y | 10.02% |
| Payout Consistency | 97.4% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 11.4% |
| Relative Tail Risk | 3.43% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.70 |
| Alpha | 3.37 |
| Character TTM | |
|---|---|
| Beta | 0.447 |
| Beta Downside | 0.608 |
| Drawdowns 3y | |
|---|---|
| Max DD | 11.47% |
| CAGR/Max DD | 1.62 |
Description: EMLP North American Energy January 12, 2026
The First Trust North American Energy Infrastructure Fund (EMLP) allocates at least 80 % of its net assets to equity securities of firms operating in the North-American energy-infrastructure space, including U.S. and Canadian natural-gas and electric utilities, pipeline operators, renewable-energy producers, publicly-traded MLPs and their affiliates. The fund is classified as non-diversified, meaning it can concentrate risk in a relatively narrow set of holdings.
Key performance indicators (as of the most recent filing) show an expense ratio of 0.60 %, a 12-month total return of roughly +5 % (net of fees), and a distribution yield near 7.5 % annually. Assets under management stand at about $1.2 billion, with the top five holdings-primarily large-cap MLPs such as Enterprise Products Partners and Kinder Morgan-representing roughly 30 % of the portfolio.
Sector drivers that materially affect EMLP’s outlook include (1) sustained growth in U.S. natural-gas consumption, which underpins pipeline throughput volumes; (2) capital-intensive expansion projects driven by the Energy Transition, creating demand for both traditional midstream and renewable-energy infrastructure; and (3) the sensitivity of MLP distributions to interest-rate movements, as higher rates can compress yield spreads and pressure pricing.
For a deeper, data-rich analysis of how these dynamics translate into valuation metrics, you might explore the fund’s profile on ValueRay.
What is the price of EMLP shares?
Over the past week, the price has changed by +1.67%, over one month by +7.94%, over three months by +8.80% and over the past year by +13.49%.
Is EMLP a buy, sell or hold?
What are the forecasts/targets for the EMLP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 49 | 20.1% |
EMLP Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 3.51b USD (3.51b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 3.51b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.51b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.56% (E(3.51b)/V(3.51b) * Re(7.56%) + (debt-free company))
Discount Rate = 7.56% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)