Actively managed fund is designed to provide
investors and advisors with a value-focused, differentiated tool
for accessing income-generating small cap equity exposure
Infrastructure Capital Advisors (“InfraCap”), a leading provider
of investment management solutions designed to meet the needs of
income-focused investors, is announcing a dividend increase for
the InfraCap Small Cap Income ETF (NYSE Arca: SCAP). The
monthly distribution for June increased by $.0.005, from $0.175 to
$0.180.
SCAP has declared a monthly distribution of $0.180 per share
($2.16 per share on an annualized basis). The distribution will be
paid June 28, 2024 to shareholders of record as of the close of
business June 26, 2024.
SCAP Cash Distribution:
- Ex-Date: Wednesday, June 26, 2024
- Record Date: Wednesday, June 26, 2024
- Payable Date: Friday, June 28, 2024
Infrastructure Capital Advisors expects to declare future
distributions on a monthly basis. Distributions are planned, but
not guaranteed, for every month. For more information about each
Fund’s distribution policy, its 2024 distribution calendar, or tax
information, please visit the Fund’s web site for more
information.
SCAP is actively managed by InfraCap Founder, CEO &
Portfolio Manager Jay D. Hatfield. The Fund’s investment approach
will center around identifying and investing in small cap U.S.
companies that are poised to deliver both income and growth
potential, particularly those equities which in the eye of the
fund’s management fall into the category of value stocks.
“Small-cap stocks are trading at historically low prices and may
be poised for a bounce back year in 2025. We believe that
substantial alpha can be added through active management of the
less efficient small cap sector”, said Hatfield. “At the same time,
while investors and advisors understand the role that small cap
exposure can play in a growth-focused approach, less understood is
the role this kind of exposure can play in an income-generating
portfolio. My colleagues and I are very excited about small-cap
stocks and for the continued opportunity to provide access to new
sources of income for our investors.”
SCAP will seek total return through a blended approach of
capital appreciation and current income. The Fund will focus
primarily on the securities of U.S.-listed small cap companies,
which is defined as companies with a market capitalization within
the range of companies in the Russell 2000 Index. Investments may
take the form of common stocks, preferred stocks, convertible
securities, debt instruments, equity-linked notes, or other small
cap-focused ETFs.
SCAP joins an InfraCap ETF lineup which includes the Virtus
InfraCap U.S. Preferred Stock ETF (NYSE Arca: PFFA), InfraCap REIT
Preferred ETF (NYSE Arca: PFFR), InfraCap MLP ETF (NYSE Arca:
AMZA), and the InfraCap Equity Income Fund ETF (NYSE Arca:
ICAP).
Hatfield is the lead Portfolio Manager for all of the InfraCap
funds and brings more than 30 years of experience to his work on
behalf of clients. As of the date of this release, InfraCap manages
over $1.9B in total assets.
Follow InfraCap on social media for all of the firm’s
need-to-know market commentary and economic outlook at:
- X/Twitter: https://x.com/InfraCap
- LinkedIn: https://www.linkedin.com/company/infracap/
- Facebook: https://www.facebook.com/InfraCap/
- YouTube:
https://www.youtube.com/channel/UCqTgQ4G-b4fn_w5ECa7EkTQ/videos
About Infrastructure Capital Advisors
Infrastructure Capital Advisors, LLC (ICA) is an SEC-registered
investment advisor that manages exchange traded funds (ETFs) and a
series of hedge funds. The firm was formed in 2012 and is based in
New York City. ICA seeks total-return opportunities driven by
catalysts, largely in key infrastructure sectors. These sectors
include energy, real estate, transportation, industrials and
utilities. It often identifies opportunities in entities that are
not taxed at the entity level, such as master limited partnerships
("MLPs") and real estate investment trusts ("REITs"). It also looks
for opportunities in credit and related securities, such as
preferred stocks.
Current income is a primary objective in most, but not all, of
ICA's investing activities. Consequently, the focus is generally on
companies that generate and distribute substantial streams of free
cash flow. This approach is based on the belief that tangible
assets that produce free cash flow have intrinsic values that are
unlikely to deteriorate over time. For more information, please
visit infracapfunds.com.
The Russell 2000 Index is a small-cap U.S. stock market index
that makes up the smallest 2,000 stocks in the Russell 3000 Index.
It is not possible to invest directly in an index. *Alpha is a
common investing term used to describe a strategy's investment
ability to beat the market.
Investors should consider the investment objectives, risks,
charges, and expenses carefully before investing. For a prospectus
with this and other information about the InfraCap Small Cap Income
ETF, please click here. Please read the prospectus
carefully before investing. For more information about the Fund,
Fund strategies or InfraCap, please reach out to Craig Starr at
212-763-8336 (Craig.Starr@icmllc.com).
A word about SCAP risk: Investing involves risk,
including possible loss of principal. An investment in the Fund may
be subject to risks which include, among others, investing in
equities securities, dividend paying securities, utilities, small-,
mid- and large-capitalization companies, real estate investment
trusts, master limited partnerships, foreign investments and
emerging, debt securities, depositary receipts, market events,
operational, high portfolio turnover, trading issues, active
management, fund shares trading, premium/discount risk and
liquidity of fund shares, which may make these investments volatile
in price. Foreign investments are subject to risks, which include
changes in economic and political conditions, foreign currency
fluctuations, changes in foreign regulations, and changes in
currency exchange rates which may negatively impact the Fund’s
returns. Small and Medium-capitalization companies, foreign
investments and high yielding equity and debt securities may be
subject to elevated risks. The Fund is a recently organized
investment company with no operating history. Please see prospectus
for discussion of risks. Diversification cannot assure a profit or
protect against loss in a down market. SCAP is distributed by
Quasar Distributors, LLC.
A word about ICAP Risk: Investing involves risk,
including possible loss of principal. An investment in the Fund may
be subject to risks which include, among others, investing in
equities securities, dividend paying securities, utilities,
preferred stocks, leverage, short sales, small-, mid- and
large-capitalization companies, real estate investment trusts,
master limited partnerships, foreign investments and emerging, debt
securities, depositary receipts, market events, operational, high
portfolio turnover, trading issues, options, active management,
fund shares trading, premium/discount risk and liquidity of fund
shares, which may make these investments volatile in price. Foreign
investments are subject to risks, which include changes in economic
and political conditions, foreign currency fluctuations, changes in
foreign regulations, and changes in currency exchange rates which
may negatively impact the Fund's returns. Small and
Medium-capitalization companies, foreign investments, options,
leverage, short sales, and high yielding equity and debt securities
may be subject to elevated risks. The Fund is a recently organized
investment company with no operating history. Please see prospectus
for discussion of risks. ICAP fund distributor, Quasar
Distributors, LLC.
The Funds are distributed either by Quasar Distributors, LLC
or by VP Distributors, LLC, an affiliate of Virtus ETF Advisers,
LLC. ICAP and SCAP ETFs are distributed by Quasar Distributors LLC.
PFFA, PFFR, and AMZA ETFs are distributed by VP Distributors, LLC
an affiliated of Virtus ETF Advisers, LLC.
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version on businesswire.com: https://www.businesswire.com/news/home/20240625576988/en/
Chris Sullivan/Aaron Siegel Craft & Capital
chris@craftandcapital.com