Overview
| Ticker | |
|---|---|
| CUSIP | |
| ISIN | US90290T8826 |
| Total Annual Fund Expenses | |
| Fee Waivers1 | |
| Total Net Expenses | |
| Trading Increment | $0.01 |
| Administrator | The Bank of New York Mellon |
|---|---|
| Distributor | ALPS Distributors, Inc. |
| Investment Adviser | USCF Advisers, LLC |
| Portfolio Managers |
John R. Cusick, CFA Adam Fackler, CFA |
| Sub-Adviser | Miller/Howard Investments, Inc. |
1 The Adviser has contractually agreed through October 31, 2026 to waive 0.16% of its management fee.
Fund Summary
The Fund seeks a high level of current income and, as a secondary objective, capital appreciation.
The Fund is an actively managed exchange-traded fund. The Fund’s investment sub-adviser, Miller/Howard Investments, Inc., utilizes a bottom-up fundamental research process to evaluate these midstream energy infrastructure companies on a number of key metrics, including income, growth of income, distribution coverage, leverage, direct-commodity price exposure, and contract quality.
The Fund will seek to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in equity securities of U.S. and Canadian companies of any market capitalization deemed by the Sub-Adviser to be engaged in the midstream energy sector.
The midstream energy sector primarily includes publicly-traded master limited partnerships and limited liability companies taxed as partnerships (MLPs), and companies structured or who elect to be taxed as C-corporations that derive the majority of their revenue from operating or providing midstream energy services. The Sub-Adviser considers midstream energy services to be transportation, storage, and gathering & processing infrastructure that primarily collect fees for transporting customers’ oil, natural gas, and other products.
The Fund may directly invest up to 25% of its total assets in equity securities of certain MLPs treated as publicly-traded partnerships. The Fund will invest more than 25% of the value of its total assets in the energy, oil, and gas industries.
Key Facts
| NAV | |
|---|---|
| NAV Change | |
| Last Trade Price | |
| Premium Discount (%) | |
| Shares Outstanding | |
| Total Net Assets | |
| Median 30 Day Bid Ask Spread as of |
| 30-Day SEC Yield as of | |
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| 30-Day SEC Yield (Unsubsidized) as of | |
| Trailing 12-Month Yield as of |
Performance
Historical NAV Performance download is not available at this time.
The performance data quoted above represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.
The Fund's NAV is calculated by dividing the value of the Fund's total assets less total liabilities by the number of shares outstanding. Share price returns are based on closing prices for the Fund and do not represent the returns an investor would receive if shares were traded at other times.
Shares of the fund are bought and sold by individual investors at market price (not NAV) and are not individually redeemed by the Fund. Brokerage commissions apply and will reduce returns. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times.
Alerian Midstream Energy Select Total Return Index (AMEIX): The Alerian Midstream Energy Select Total Return IndexSM (“AMEIX”) is a composite of North American energy infrastructure companies. The capped, float-adjusted, capitalization-weighted index, whose constituents are engaged in midstream activities involving energy commodities, is disseminated real-time on a total-return basis. One cannot invest directly in an index.
† UMI commenced operations on 03/24/2021.
Growth of $10,000 Investment
This chart shows how a hypothetical investment of $10,000 in the Fund at its inception would have performed versus the performance of the Fund’s benchmark. The values indicate what $10,000 would have grown to over the time period indicated. The hypothetical example does not represent the returns of any particular investment. You cannot invest directly in an index.
This chart shows how a hypothetical investment of $10,000 in the Fund at its inception would have performed versus an investment in the Fund’s benchmark futures contract(s). The values indicate what $10,000 would have grown to over the time period indicated. The hypothetical example does not represent the returns of any particular investment.
The performance data quoted above represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.
Distributions
| Ex-Date | Record Date | Pay Date | Ordinary Income | Short Term Gains | Long Term Gains | Return of Capital | Total | 19A-1 Notice | Form 8937 |
|---|---|---|---|---|---|---|---|---|---|
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Creation & Redemption
- Creation/Redemption Basket Size 10,000 Shares
- Authorized Participants pay a transaction fee of $100 for Creates/Redeems (per order, not per basket)
- Order cut-off for Cash Creates/Redeems is 3:00 p.m. ET
- UMI's NAV is calculated generally as of 4:00 p.m. ET
- Settlement is T+1
- Custodian is The Bank of New York Mellon
© 2026 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
