NEW YORK, April 19, 2021 /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).
The distribution will be paid April 28,
2021 to shareholders of record as of the close of business
April 21, 2021.
AMZA Cash Distribution:
- Ex-Date: Tuesday, April 20,
2021
- Record Date: Wednesday, April 21,
2021
- Payable Date: Wednesday, April 28,
2021
The Fund estimates that 100 percent of the distribution, or
$0.22 per share, is attributable to
return of capital and that 0.00 percent, or $0.00 per share, is attributable to dividend
income. Infrastructure Capital Advisors expects to declare future
distributions on a monthly basis. Distributions are planned, but
not guaranteed, for every month. The next distribution is scheduled
to occur in May 2021.
For more information about AMZA's distribution policy, its 2021
distribution calendar, or tax information, please visit the Fund's
website at www.virtusetfs.com.
About Virtus ETF Advisers
Virtus ETF Advisers is a New
York-based, multi-manager ETF sponsor and affiliate of
Virtus Investment Partners. With actively managed and index-based
investment capabilities across multiple asset classes, Virtus
offers a range of complementary exchange-traded-funds subadvised by
select investment managers.
About Infrastructure Capital Advisors
Infrastructure Capital Advisors, LLC (ICA) is an SEC-registered
investment advisor that manages exchange traded funds and a series
of hedge funds. The firm was formed in 2012 and is based in New
York City. ICA seeks total-return opportunities in key
infrastructure sectors, including energy, real estate,
transportation, industrials and utilities. It 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"). It 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 investing 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.
DISCLOSURE
Fund Risks
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 owning the ETF may exceed the cost
of investing directly in the underlying securities.
MLP Interest Rates: As yield-based investments, MLPs
carry interest rate risk and may underperform in rising interest
rate environments. Additionally, when investors have heightened
fears about the economy, the risk spread between MLPs and competing
investment options can widen, which may have an adverse effect on
the stock price of MLPs. Rising interest rates may increase the
potential cost of MLPs financing projects or cost of operations,
and may affect the demand for MLP investments, either of which may
result in lower performance by or distributions from the Fund's MLP
investments.
Industry/Sector Concentration: A fund that focuses its
investments in a particular industry or sector will be more
sensitive to conditions that affect that industry or sector than a
non-concentrated fund.
Short Sales: The Fund may engage in short sales, and may
experience a loss if the price of a borrowed security increases
before the date on which 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
compounded.
Derivatives: Investments in derivatives such as futures,
options, forwards, and swaps may increase volatility or cause a
loss greater than the principal investment.
MLPs: Investments in Master Limited Partnerships may be
adversely impacted by tax law changes, regulation, or factors
affecting underlying assets.
No Guarantee: There is no guarantee that the portfolio
will meet its objective.
You should consider the Fund's investment objectives, risks,
and charges and expenses carefully before investing. Contact ETF
Distributors LLC at 1-888-383-4184 or visit
www.infracapmlp.com to obtain a prospectus which
contains this and other information about the Fund. The prospectus
should be read carefully before investing.
Virtus ETF Advisers, LLC serves as the investment advisor and
Infrastructure Capital Advisors, LLC serves as the sub-advisor to
the Fund.
The Fund is distributed by VP Distributors, LLC, member
FINRA and subsidiary of Virtus Investment Partners, Inc.
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SOURCE InfraCap MLP ETF