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Infracap MLP

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uuid003glwz

Namestring
Infracap MLP
Legal namestring
Infrastructure Capital Advisors, LLC
Company typeenum
Private
Founded yearint
2012
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
exchange-traded funds, asset management, investment advisory, income investing, ETF management
Industry3 codes
1Real Assets & Infrastructure ETFs (REITs, Infrastructure, Natural Resources)
CodeFSAAAFAHPrimaryYes
2Core Infrastructure Funds (Transport, Social, Digital, Utilities)
CodeFSANAEAAPrimaryNo
3Sector & Industry Equity ETFs
CodeFSAAAFACPrimaryNo
NAICS code2 codes
  • Portfolio Management and Investment Advice523940
  • Open-End Investment Funds525910
SIC code1 code
  • Investment Advice6282
Product category
Asset Management - Income-Focused Exchange-Traded Funds
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Management fees from ETF AUM
TypeSubscription Recurring
Description

The fund generates revenue through management fees calculated as a percentage of assets under management. The expense ratio is 2.75%, which is more than three times the 0.85% expense ratio of competing MLP ETF (AMLP).

infracapfunds.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Pricing details1 tier
1Standard ETF expense ratio
ModelSubscriptionBilling cadenceMonthly
Notes

2.75% gross expense ratio; approximately $0.34 per share monthly distribution as of January 2026

247wallst.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 9 records shown
1InfraCap MLP ETF (AMZA)
Description

Actively managed ETF invested in US midstream energy infrastructure sector using modest leverage and covered call writing strategy.

infracapfunds.com
+8 more records
Core offering1 text field

Infrastructure Capital Advisors is a boutique SEC-registered investment advisor that manages a family of income-focused exchange-traded funds (ETFs) covering US midstream energy infrastructure (MLPs), preferred stocks, REIT preferreds, small-cap dividend equities, large-cap dividend equities, and high-yield corporate bonds. The firm also manages hedge funds and provides consulting services to other investment firms. Its flagship InfraCap MLP ETF (AMZA) uses a C-corporation structure to provide K-1-free exposure to midstream energy infrastructure with modest leverage and covered call strategies.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Up 14% year-to-date vs AMLP at roughly 8%
+2 more records
Product overview1 text field

Infrastructure Capital Advisors offers a platform of eight distinct ETF products spanning multiple income-focused asset classes. The core portfolio includes equity income products (ICAP for large-cap dividends, SCAP for small-cap income), fixed income solutions (BNDS for bond income, PFFI as the European UCITS version), and specialized preferred stock strategies (PFFA for U.S. preferreds, PFFR for REIT-specific preferreds). The MLP ETF (AMZA) provides dedicated midstream energy infrastructure exposure using leverage and covered call strategies, while QVOL represents the firm's first Nasdaq-focused product combining active equity selection with an option overlay for income generation. The funds are distributed through Quasar Distributors and VP Distributors, with Virtus ETF Advisers serving as investment advisor for several products.

Product and service1 record
1InfraCap MLP ETF (AMZA)
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

VP Distributors, LLC serves as the official distributor for AMZA, PFFA, and PFFR ETFs. It is an affiliate of Virtus ETF Advisers, LLC, which serves as the investment advisor.

2Quasar Distributors, LLC
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Quasar Distributors, LLC serves as the official distributor for ICAP and SCAP ETFs.

infracapfunds.com
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Virtus ETF Advisers, LLC serves as the investment advisor to PFFA, PFFR, and AMZA, with Infrastructure Capital Advisors serving as sub-adviser.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

VanEck's MLPA is a direct MLP ETF competitor to AMZA. VanEck also operates specialty income and commodity-tilted ETFs, making the firm a close peer in product positioning and boutique-ETF distribution.

TypeDirect peer
Description

Harvest runs option-overlay and covered-call income strategies (e.g., YLD, TSX-listed income ETFs) that closely parallel AMZA's covered-call overlay approach. Comparable as a boutique option-income ETF manager targeting yield enhancement.

TypeEmerging player
Description

Pacer is a thematic-ETF specialist known for its Cash Cows and option-income ETF families, comparable to InfraCap in being an actively managed, distribution-driven boutique that has rapidly expanded its product shelf with income and option-overlay strategies.

TypeBroad incumbent
Description

Virtus ETF Advisers serves as adviser to several InfraCap funds (PFFA, PFFR, AMZA) and is a broader multi-affiliate asset manager with dozens of ETFs across multiple categories. Comparable as both a partner and a broader income/ETF competitor.

TypeDirect peer
Description

Tortoise is a long-standing boutique manager specializing in energy and MLP/income strategies (Tortoise Energy Infrastructure, Tortoise Pipeline & Energy Fund). Comparable to InfraCap in being a specialized MLP/income boutique with leveraged and option-overlay strategies.

TypeDirect peer
Description

Cohen & Steers is the dominant REIT-preferred and preferred-income specialist (with products directly competing with InfraCap's PFFR REIT-preferred ETF). Highly comparable in product focus and boutique-specialist positioning.

TypeBroad incumbent
Description

First Trust operates a large actively managed ETF lineup with sector and income strategies (e.g., First Trust MLP and Energy Income Fund, preferred-income ETFs). Comparable as a broad incumbent that competes with InfraCap in the actively managed income-ETF category.

TypeDirect peer
Description

Global X manages MLPX, a competing MLP-focused ETF, and is a thematic-ETF specialist that has aggressively launched income and option-income products. Directly comparable to InfraCap in product type, distribution model, and growth-via-launch strategy.

TypeBroad incumbent
Description

Invesco operates a large ETF platform including MLP and preferred-income strategies (e.g., Invesco Preferred ETF, Invesco Senior Loan ETF). Comparable as a broad incumbent with overlapping income-ETF products and institutional distribution scale that Infrastructure Capital lacks.

TypeDirect peer
Description

AMLP is the largest US MLP ETF and the direct competitor to InfraCap's AMZA. Both products target midstream energy infrastructure exposure for income-focused investors, making them head-to-head substitutes on retail and RIA platforms despite AMZA's higher 2.75% expense ratio vs AMLP's 0.85%.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries8 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Infracap MLP

Asset Management - Income-Focused Exchange-Traded Fundsinfracapfunds.com

Infracap MLP firmographics

Firmographics
Name
Infracap MLP
Legal name
Infrastructure Capital Advisors, LLC
Website
https://infracapfunds.com
Company type
Private
Founded year
2012
Operating status
Operating
Headcount range
1–10 employees
Ownership category
akta.pro rank

Infracap MLP industry classification

Industry
Product category
Asset Management - Income-Focused Exchange-Traded Funds
NAICS
Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
SIC
Investment Advice (6282)
akta.pro primary industry
Real Assets & Infrastructure ETFs (REITs, Infrastructure, Natural Resources) (FSAAAFAH)
akta.pro secondary industries
Core Infrastructure Funds (Transport, Social, Digital, Utilities) (FSANAEAA), Sector & Industry Equity ETFs (FSAAAFAC)

Keywords

  • Exchange-traded funds
  • Asset management
  • Investment advisory
  • Income investing
  • ETF management

Where Infracap MLP is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Infracap MLP business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

  1. Management fees from ETF AUM: The fund generates revenue through management fees calculated as a percentage of assets under management. The expense ratio is 2.75%, which is more than three times the 0.85% expense ratio of competing MLP ETF (AMLP).

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyStandard ETF expense ratio

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Infracap MLP product offering

Product offering

Core offering

Infrastructure Capital Advisors is a boutique SEC-registered investment advisor that manages a family of income-focused exchange-traded funds (ETFs) covering US midstream energy infrastructure (MLPs), preferred stocks, REIT preferreds, small-cap dividend equities, large-cap dividend equities, and high-yield corporate bonds. The firm also manages hedge funds and provides consulting services to other investment firms. Its flagship InfraCap MLP ETF (AMZA) uses a C-corporation structure to provide K-1-free exposure to midstream energy infrastructure with modest leverage and covered call strategies.

Product overview

Infrastructure Capital Advisors offers a platform of eight distinct ETF products spanning multiple income-focused asset classes. The core portfolio includes equity income products (ICAP for large-cap dividends, SCAP for small-cap income), fixed income solutions (BNDS for bond income, PFFI as the European UCITS version), and specialized preferred stock strategies (PFFA for U.S. preferreds, PFFR for REIT-specific preferreds). The MLP ETF (AMZA) provides dedicated midstream energy infrastructure exposure using leverage and covered call strategies, while QVOL represents the firm's first Nasdaq-focused product combining active equity selection with an option overlay for income generation. The funds are distributed through Quasar Distributors and VP Distributors, with Virtus ETF Advisers serving as investment advisor for several products.

Differentiator

Problem solved

Functional benefit

Brands

  • InfraCap MLP ETF (AMZA): Actively managed ETF invested in US midstream energy infrastructure sector using modest leverage and covered call writing strategy.
  • Virtus InfraCap U.S. Preferred ETF (PFFA)
  • InfraCap REIT Preferred ETF (PFFR)
  • InfraCap REIT Preferred ETF (PFFR)
  • InfraCap Small Cap Income ETF (SCAP)
  • InfraCap Equity Income Fund ETF (ICAP)
  • InfraCap Bond Income ETF (BNDS)
  • Infrastructure Capital Preferred Income UCITS ETF (PFFI)
  • InfraCap Nasdaq Option Income ETF (QVOL)

Products and services

  • InfraCap MLP ETF (AMZA)

Quantifiable outcome

  • Up 14% year-to-date vs AMLP at roughly 8%
  • +2 more outcomes

Companies that use Infracap MLP

Customer profile

Segments2 records

Ideal customer profiles2 records

Infracap MLP technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Infracap MLP partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • VP Distributors, LLCcoreChannel Partner/ Reseller/ DistributorVP Distributors, LLC serves as the official distributor for AMZA, PFFA, and PFFR ETFs. It is an affiliate of Virtus ETF Advisers, LLC, which serves as the investment advisor.
  • Quasar Distributors, LLCcoreChannel Partner/ Reseller/ DistributorQuasar Distributors, LLC serves as the official distributor for ICAP and SCAP ETFs.
  • Virtus ETF Advisers, LLCcoreChannel Partner/ Reseller/ DistributorVirtus ETF Advisers, LLC serves as the investment advisor to PFFA, PFFR, and AMZA, with Infrastructure Capital Advisors serving as sub-adviser.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Infracap MLP competitors and assessment

Company assessment

Direct peers

  • VanEck (MLPA ETF): VanEck's MLPA is a direct MLP ETF competitor to AMZA. VanEck also operates specialty income and commodity-tilted ETFs, making the firm a close peer in product positioning and boutique-ETF distribution.
  • Harvest Volatility Management: Harvest runs option-overlay and covered-call income strategies (e.g., YLD, TSX-listed income ETFs) that closely parallel AMZA's covered-call overlay approach. Comparable as a boutique option-income ETF manager targeting yield enhancement.
  • Tortoise Capital Advisors: Tortoise is a long-standing boutique manager specializing in energy and MLP/income strategies (Tortoise Energy Infrastructure, Tortoise Pipeline & Energy Fund). Comparable to InfraCap in being a specialized MLP/income boutique with leveraged and option-overlay strategies.
  • Cohen & Steers: Cohen & Steers is the dominant REIT-preferred and preferred-income specialist (with products directly competing with InfraCap's PFFR REIT-preferred ETF). Highly comparable in product focus and boutique-specialist positioning.
  • Global X (MLPX ETF): Global X manages MLPX, a competing MLP-focused ETF, and is a thematic-ETF specialist that has aggressively launched income and option-income products. Directly comparable to InfraCap in product type, distribution model, and growth-via-launch strategy.
  • Alerian (AMLP ETF): AMLP is the largest US MLP ETF and the direct competitor to InfraCap's AMZA. Both products target midstream energy infrastructure exposure for income-focused investors, making them head-to-head substitutes on retail and RIA platforms despite AMZA's higher 2.75% expense ratio vs AMLP's 0.85%.

Emerging players

  • Pacer Financial: Pacer is a thematic-ETF specialist known for its Cash Cows and option-income ETF families, comparable to InfraCap in being an actively managed, distribution-driven boutique that has rapidly expanded its product shelf with income and option-overlay strategies.

Broad incumbents

  • Virtus Investment Partners: Virtus ETF Advisers serves as adviser to several InfraCap funds (PFFA, PFFR, AMZA) and is a broader multi-affiliate asset manager with dozens of ETFs across multiple categories. Comparable as both a partner and a broader income/ETF competitor.
  • First Trust: First Trust operates a large actively managed ETF lineup with sector and income strategies (e.g., First Trust MLP and Energy Income Fund, preferred-income ETFs). Comparable as a broad incumbent that competes with InfraCap in the actively managed income-ETF category.
  • Invesco: Invesco operates a large ETF platform including MLP and preferred-income strategies (e.g., Invesco Preferred ETF, Invesco Senior Loan ETF). Comparable as a broad incumbent with overlapping income-ETF products and institutional distribution scale that Infrastructure Capital lacks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Infracap MLP social profiles

Digital presence

Infracap MLP financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Infracap MLP leadership team

Management profile

Number of profiles

Profiles1 record

Infracap MLP subsidiaries and ownership

Company hierarchy

Subsidiaries8 records

Infracap MLP funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Infracap MLP M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Infracap MLP

What does Infracap MLP do?

Infrastructure Capital Advisors is a boutique SEC-registered investment advisor that manages a family of income-focused exchange-traded funds (ETFs) covering US midstream energy infrastructure (MLPs), preferred stocks, REIT preferreds, small-cap dividend equities, large-cap dividend equities, and high-yield corporate bonds. The firm also manages hedge funds and provides consulting services to other investment firms. Its flagship InfraCap MLP ETF (AMZA) uses a C-corporation structure to provide K-1-free exposure to midstream energy infrastructure with modest leverage and covered call strategies.

Is Infracap MLP a public or private company?

Infracap MLP is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Infracap MLP founded?

Infracap MLP was founded in 2012. It employs 1 to 10 people.

Where is Infracap MLP based?

Infracap MLP is headquartered in New York, United States, in the North America region.

How does Infracap MLP make money?

One revenue line is on record: management fees from ETF AUM.

Who are Infracap MLP's main competitors?

Direct peers on record are VanEck (MLPA ETF), Harvest Volatility Management, Tortoise Capital Advisors, Cohen & Steers, Global X (MLPX ETF) and Alerian (AMLP ETF). Pacer Financial is listed as an emerging player. Broad incumbents are Virtus Investment Partners, First Trust and Invesco.

Does Infracap MLP have an API?

No public API is recorded for Infracap MLP.

What industry is Infracap MLP in?

Infracap MLP's product category is Asset Management - Income-Focused Exchange-Traded Funds. Its primary akta.pro industry code is FSAAAFAH, Real Assets & Infrastructure ETFs (REITs, Infrastructure, Natural Resources), with a secondary code of FSANAEAA, Core Infrastructure Funds (Transport, Social, Digital, Utilities). Its NAICS code is 523940 and its SIC code is 6282.

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Live signals
Defense WorldInfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Shares Down 0.5% – Should You Sell?InfraCap Equity Income Fund ETF shares fell 0.5% to $27.95 on Friday, with volume down 66% from average. Janney Montgomery Scott raised its stake by 181.7% in Q1, holding 33,878 shares worth $891,000.Ticker ReportInfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Sees Large Increase in Short InterestShort interest in InfraCap Equity Income Fund ETF surged 208.4% to 40,860 shares as of September 15th. Janney Montgomery Scott raised its stake by 181.7% in Q1, holding 33,878 shares. The ETF traded down $0.13 to $27.95 on Friday.Seeking AlphaInfraCap MLP ETF Q2 2026 Commentary (AMZA)InfraCap MLP ETF (AMZA) returned +2.44% in Q2 2026, outperforming its benchmark's +0.88%. The fund paid a $0.34 monthly dividend, and sector beta fell to 0.4x with a PE of 12.5x. Forward drivers include AI data center power demand and export demand from Middle Eastern disruptions.Ticker ReportInfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Up 195.2% in AugustInfraCap MLP ETF (AMZA) short interest rose 195.2% to 175,500 shares as of August 14, up from 59,458 on July 30, with a short-interest ratio of 5.4 days and 1.8% of shares short sold. NewEdge Advisors increased its stake by 2.3% to 61,691 shares, or 0.64% of the fund. AMZA closed Friday at $50.17, down 0.6%.FinancialContent Business PageInfraCap MLP ETF (NYSE Arca: AMZA) Tax UpdateInfraCap MLP ETF (NYSE Arca: AMZA) reduced its deferred tax accrual by about $1.3 million, roughly $0.13 per share, due to changes in its valuation allowance offsetting capital losses. The adjustment lowers the fund's deferred tax liability and will increase net asset value on August 27, 2026. The adviser may revise tax estimates as new information becomes available.Stock TitanInfraCap MLP ETF Records $1.3M Tax Accrual CutInfraCap MLP ETF (NYSE Arca: AMZA) reported on August 27, 2026 that it reduced its deferred tax liability by approximately $1.3 million, or about $0.13 per share, due to changes in its valuation allowance offsetting capital losses. The adjustment will increase the fund's net asset value on that date. The adviser noted such tax estimates may vary significantly from actual liability.Business Wire BlogInfraCap MLP ETF (NYSE Arca: AMZA) Tax UpdateInfraCap MLP ETF (NYSE Arca: AMZA) reduced its deferred tax accrual by about $1.3 million, roughly $0.13 per share, due to changes in its valuation allowance offsetting capital losses. The adjustment lowers the fund's deferred tax liability and will raise its net asset value on August 27, 2026. The adviser may revise tax estimates as new information becomes available.MorningstarVirtus Introduces Virtus InfraCap Preferred and Income Securities ETFVirtus launched the Virtus InfraCap Preferred and Income Securities ETF (VPFF), an actively managed fund subadvised by Infrastructure Capital Advisors. The fund invests in U.S. preferred securities, aiming for current income with active risk management. It is the 27th ETF on Virtus' multi-manager platform.YahooCORRECTING and REPLACING InfraCap MLP ETF (NYSE Arca: AMZA) Tax UpdateInfraCap MLP ETF (AMZA) has modified its estimate of deferred tax liability based on changes in its valuation allowance offsetting capital losses. This adjustment resulted in a $2.0 million reduction to the tax accrual, which is expected to increase the Fund's net asset value as of June 22, 2026.AInvestThe AMZA Tax Mechanism Isn't The Hidden Drag Investors Think It IsThe InfraCap MLP ETF (AMZA) reduced its deferred tax liability in April 2026, demonstrating that this commonly perceived permanent drag on NAV actually reverses when underlying MLP investments report their tax information. AMZA offers approximately 7.6% yield with a K-1-free structure through its C-corporation status, and is up 14% year-to-date compared to the older K-1-issuing Alerian MLP ETF (AMLP) at roughly 8%. A prior tax adjustment reduced AMZA's deferred tax accrual by approximately $6.6 million (about $0.68 per share) on a fund with roughly $435 million in assets, showing the mechanism can add back to NAV when it adjusts downward.