First Trust North American Energy Infrastructure Fund
First Trust Exchange-Traded Fund IV · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
First Trust North American Energy Infrastructure Fund is an actively managed U.S. equity ETF.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q1
The First Trust North American Energy Infrastructure Funds (the Fund ) investment objective is to seek total return.
The fund invests at least 80% of its net assets in equity securities of energy infrastructure companies—including utilities, pipelines, power transmission assets, and master limited partnerships—selected by its sub-advisor Energy Income Partners for their non-cyclical fee-for-service business models and high dividend payouts; the sub-advisor deliberately avoids cyclical oil and gas exploration and production assets. Because the fund is non-diversified, it may hold significant positions in a small number of issuers or concentrate heavily in particular sectors or jurisdictions, amplifying exposure to those holdings' performance.
| Share class | Expense ratio |
|---|---|
| EMLP | 0.95% |
Portfolio turnover 36.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 93.11% |
| Cash & short-term | 7.02% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Utilities | 61.6% |
| Energy | 18.5% |
| Cash | 7.0% |
| International | 4.8% |
| 3 smaller | 8.1% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | ENERGY TRANSFER LP | 7.49% | $20.19 | $305.13M | 15.1M |
| — | ENTERPRISE PRODUCTS PARTNERS LP | 7.17% | $38.70 | $292.12M | 7.5M |
| — | MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS | 7.02% | — | $285.87M | — |
| — | MPLX LP | 4.04% | $56.27 | $164.41M | 2.9M |
| — | PLAINS GP HOLDINGS LP | 3.87% | $24.45 | $157.53M | 6.4M |
| KMI | KINDER MORGAN INCKMI | 3.69% | $32.87 | $150.15M | 4.6M |
| NFG | NATIONAL FUEL GAS COMPANYNFG | 3.25% | $84.38 | $132.23M | 1.6M |
| SO | SOUTHERN COMPANY (THE)SO | 2.67% | $96.70 | $108.83M | 1.1M |
| PPL | PPL CORPPPL | 2.52% | $37.44 | $102.83M | 2.7M |
| ETR | ENTERGY CORPETR | 2.43% | $117.91 | $98.81M | 838.0K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 44.14% of net assets, top 25 69.44%, across 64 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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