USCF Midstream Energy Income FundUMI
UMI
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
23% more funds holding
Funds holding: 26 [Q2] → 32 (+6) [Q3]
12% more capital invested
Capital invested by funds: $215M [Q2] → $241M (+$26.4M) [Q3]
1.15% less ownership
Funds ownership: 78.53% [Q2] → 77.38% (-1.15%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for UMI.
Financial journalist opinion
Positive
ETF Trends
1 month ago
Disruptive Theme of the Week: 2024's Top Investment Themes & Trends
2024 was an amazing year for investment performance, with the broad market S&P 500 TR Index up over 28%. There were also some serious ETF milestones achieved this year.
Positive
Seeking Alpha
2 months ago
UMI: Actively Managed Midstream Energy ETF, Few Advantages To Peers, No Reason To Buy
UMI is an active midstream energy ETF. Its 0.85% expense ratio is around twice as high as those of its peers, ENFR and MLPX. It offers few important advantages to peers, with broadly similar yields, valuations, returns, and portfolios.
Positive
Seeking Alpha
8 months ago
UMI: Active Midstream But Unclear If Active Helps
The midstream segment of the energy sector offers exposure to the energy market with lower volatility and stable cashflows. The USCF Midstream Energy Income Fund is an active fund that aims to provide high current income and capital appreciation. UMI has a diversified portfolio of midstream energy companies, with a 30-Day SEC yield of 5.22% and a focus on long-term contracts.
Negative
Seeking Alpha
11 months ago
Despite Decent 2023 Returns, UMI Continues To Lag Passive ETFs
The USCF Midstream Energy Income Fund ETF is a concentrated sector fund focused on energy midstream companies with low portfolio turnover. The USCF Midstream Energy Income Fund ETF has delivered decent performance, returning 14.6% in 2023. However, despite strong short-term returns, the UMI ETF has continued to underperform passive ETFs in the midstream energy space and has lower distribution yields.
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