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6M
YTD
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ALL
AUM
$943142351
P/E ratio
16.1
Dividend yield
8.5029%
Expense ratio
1.11%
Beta
0.413785
Previous close
$20
Today's open
$19.87
Day's range
$19.72 - $19.92
52 week range
$17.40 - $20.90
Equities
Domestic
Large-Cap
Blend
6.08%
EIPI: Monthly Income From MLPs Without The K-1
FT Energy Income Partners Enhanced Income ETF (EIPI) is rated a Buy for income-focused investors seeking long-term exposure to the energy sector. EIPI offers an attractive yield with monthly distributions, active management, and additional income from covered call writing. The ETF provides tax efficiency via a 1099 form, top MLP holdings, and diversification.
Seeking Alpha • Sep 30, 2025

EIPI: The Buy-Write That Goes Beyond MLP
EIPI is a new solution that integrates a covered call strategy into the energy market (midstream, utilities, majors). This raises the yield and introduces a cap on the upside, but in my opinion, integrates adjustments different from common buy-writes. It does a partial overwrite on low-growth and higher-volatility stocks of the energy market.
Seeking Alpha • Sep 11, 2025

Yes, You Can Collect Big Income From Megatrends; Yields +7%
Dividends or Capital Gains? You can choose both. Actively managed funds can help secure steady income from sectors that don't pay dividends. We discuss our picks to draw recurrent cash flows from AI and Energy.
Seeking Alpha • Aug 25, 2025

Retire On Infrastructure Income: 2 High-Yield Funds
Retirement income should focus on durable, predictable cash flows with inflation protection, balancing yield and risk for peace of mind. Infrastructure assets offer stable, inflation-linked income, making them ideal for retirement portfolios due to non-cyclical demand and reasonable valuations. In the article I discuss two high-yielding vehicles, which are backed by retirement-proof fundamentals and cash flows.
Seeking Alpha • Jul 22, 2025

EIPI: Pipeline To High Yields?
FT Energy Income Partners Enhanced Income ETF offers a 7.7% yield, which, I believe, is sustainable given its long-term average annual returns of around 9%. The fund's covered call strategy limits upside, causing it to underperform passive energy ETFs like AMLP and XLE over the long term. EIPI charges a relatively high 1.11% expense ratio, while alternative ETFs offer similar or better yields at lower costs.
Seeking Alpha • Jul 3, 2025

EIPI: Delivering Steady Distribution To Investors
EIPI offers exposure to the energy infrastructure space, with a tilt towards MLPs and midstream companies. The fund employs an options writing strategy to enhance distributions, with a managed monthly distribution rate of $0.125. With the latest market declines, it could be setting up a more attractive time to consider investing in EIPI for income-focused investors.
Seeking Alpha • Apr 22, 2025

Collect +7% From Energy Tollbooths
Income-focused investors seek inflation-resistant income with minimal day-to-day drama. Midstream energy companies offer stable, predictable cash flow and reliable dividends. We discuss our top picks with yields of up to 7.3%, with and without a Schedule K-1.
Seeking Alpha • Apr 4, 2025

EIPI: Innovative MLP Fund From First Trust, 6.8% Yield
EIPI, an ETF formed from MLP CEFs, uses a covered call strategy to reduce volatility and enhance income, making it compelling for investors. The fund's mix of MLPs, Oil & Gas Majors, and utilities, combined with active management, positions it well for a range-bound market. EIPI's innovative covered call structure targets low volatility and capital gains, outperforming peers like AMLP on a risk/reward basis.
Seeking Alpha • Feb 3, 2025

EIPI: Energy With Juiced Covered Call Yields
EIPI is an actively managed ETF offering high income distributions and long-term capital appreciation in the energy sector. Managed by Energy Income Partners, LLC, the fund focuses on yield, growth, and valuation metrics when selecting investments. The fund's strategic covered call writing strategy and diversified portfolio result in a competitive 30-Day SEC yield of 4.93% with potential for upside on the equity side.
Seeking Alpha • Aug 5, 2024

First Trust MLP CEF Merger Closes, Now EIPI ETF
FPL, FEI, FEN, and FIF have merged into FT Energy Income Partners Enhanced Income ETF, EIPI. The merger was initiated by activist Saba Capital and resulted in a conversion to an ETF structure, allowing for liquidity at NAV. The newly formed ETF, EIPI, has similar holdings to the former constituent funds and employs an options income strategy.
Seeking Alpha • May 21, 2024

¹ Disclosures

Open an M1 investment account to buy and sell FT Energy Income Partners Enhanced Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.