ET - AMZA Showing Strong Dividend Coverage And Growth Potential
The InfraCap MLP ETF (AMZA) holds some of the top midstream companies in North America in its portfolio, who are all benefitting from the shale renaissance currently sweeping the globe.
However, the holdings of AMZA continue to suffer even in the face of overflowing pipelines and strong demand for new pipelines, which is putting a damper on the fund's performance. To go one step further, E&Ps cannot expand production until more takeaway capacity comes online in 2019.
Since a major bulk of the long-awaited pipelines have finally come online, or will at some point in