ICAPInfrastructure Capital Equity Income Fund ETF
Seeks to maximize income and pursue total return opportunities.
By InfraCap · Launched 2021
2.47%
#5,812 of 5,853 · expensive
$114M
#2,863 of 5,853 · mid-size
9.90%
4 years
#2,516 of 5,853 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 42.5% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to maximize income and pursue total return opportunities.
- Strategy
- Actively manages a portfolio primarily invested in equity securities of companies that pay dividends, focusing on U.S. companies but also including foreign and emerging market securities. The strategy aims for high yield and total return, with investments across any market capitalization and sectors like Utilities and REITs.
- Inception date
- December 28, 2021
- Fund family
- InfraCap
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've looked at ICAP. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-02