EIPIFT Energy Income Partners Enhanced Income ETF
Seeks a high level of total return with an emphasis on current distributions to shareholders.
By First Trust · Launched 2011
1.11%
#5,181 of 5,562 · expensive
$1.1B
#1,082 of 5,562 · large
6.87%
14 years
#922 of 5,562 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
What it actually holds
By weightConcentration
Top 10 holdings = 40.8% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks a high level of total return with an emphasis on current distributions to shareholders.
- Strategy
- Invests primarily in equity securities of energy companies, focusing on those with stable cash flows and high dividend yields. The Fund enhances income by writing covered call options on a portion of its holdings, aiming to balance income and growth through dividends and capital appreciation.
- Inception date
- September 27, 2011
- Fund family
- First Trust
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19