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Exchange Traded Fund
Sure, here's some general information about the public company Exchange Traded Fund (ETF) with the ticker symbol EMLP:
EMLP, or the Energy and Minerals Group ETF, is an exchange-traded fund (ETF) that invests in publicly traded companies in the energy and minerals sectors, such as energy equipment and services, oil and gas exploration, and mining.
The EMLP ETF is a popular way for investors to gain exposure to the energy and minerals sectors without having to invest in individual stocks. It's a diversified portfolio that tracks an index, which reduces the risk associated with investing in individual stocks.
Here are some key details about EMLP:
* Expenses: The fund's expense ratio is 0.75%, which means that for every $1,000 invested, the annual fee is $7.50.
* Inception Date: EMLP was launched on March 11, 2011.
* Issuer: The fund is issued by the VanEck group, a well-known ETF provider.
* Market Capitalization: As of March 2023, the fund's total net assets are approximately 2.97 billion USD.
* Trading Volume: The average trading volume is around 412,000 shares, indicating a relatively high level of liquidity.
* Holdings: EMLP holds a diversified portfolio of 25 stocks, with the top holdings being Energy Transfer LP, Plains All American Pipeline LP, and Enterprise Products Partners LP.
* sectors: The majority of the fund's holdings are in the energy sector (84.14%), followed by mining (15.72%).
* Performance: EMLP has an annual return of 43.99% as of March 11, 2022.
In terms of financial and earnings growth, EMLP has had mixed performance over the years. In 2020, the fund saw a significant decline in value due to the COVID-19 pandemic's impact on energy demand and commodity prices. However, in 2022, the fund saw a significant rebound, with a return of around 44%.
It's important to note that the performance of EMLP is closely tied to the performance of the energy and minerals sectors, and the fund's performance can be affected by factors such as commodity prices, supply and demand, global economic conditions, and regulatory changes.
In summary, EMLP is an exchange-traded fund that offers investors exposure to the energy and minerals sectors. It is a diversified portfolio with a moderate expense ratio and moderate trading volume. The fund's performance has been mixed over the years, reflecting the volatility of the sectors it invests in. It's essential to carefully evaluate the fund's holdings, performance, and associated risks before making an investment decision.