In a stubbornly low interest-rate atmosphere, traders are looking for out various avenues to generate additional yield. Midstream power corporations and grasp restricted partnerships are two of the extra credible asset lessons on this area.
Within the upcoming webcast, Midstream Marvels: An ETF Technique for the Low-Charge Panorama, John Love, President and Chief Govt Officer, USCF; and John Cusick, Portfolio Supervisor and Analysis Analyst, Miller/Howard Investments, will dive deeply into the midstream power market and description a brand new actively managed technique.
Particularly, USCF lately launched the USCF Midstream Vitality Revenue Fund (UMI) with sub-adviser Miller/Howard Investments, a Woodstock, NY-based, research-driven portfolio administration agency. UMI, an actively-managed ETF, will apply Miller/Howard’s hallmark bottom-up basic analysis to midstream power infrastructure corporations centered on power transportation, storage, and gathering/processing.
The Miller/Howard funding philosophy emphasizes income-producing equities as important components to constructing long-term wealth. Dividend earnings from high-yielding sectors like midstream power can be utilized to fund present spending wants or, when reinvested, to drive the facility of compounding to develop wealth over time. Miller/Howard has built-in environmental, social, and governance (ESG) evaluation with basic analysis since its first technique in 1991.
UMI is the primary collaboration between USCF and Miller/Howard and illustrates how it’s potential to spend money on the power sector whereas contemplating ESG attributes.
Miller/Howard’s analysis and evaluation focuses on the standard of an organization, its skill to develop earnings, and the sustainability of its enterprise mannequin and practices. Within the distinctive case of MLPs, the place conventional avenues for shareholder engagement and proxy voting are unavailable, Miller/Howard has written two Open Letters to MLP/Midstream Administration Groups calling for them to deal with key points ESG points recognized by traders. Miller/Howard can also be devoted to dialogues with MLP and midstream corporations, with latest initiatives centered on environmental administration, board gender range, and disclosures round government compensation.
Monetary advisors who’re all in favour of studying extra a few midstream power technique can register for the Wednesday, April 21 webcast right here.
Learn extra on ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.