In a volatile market environment, the steady cash flows and reliable dividends offered by energy infrastructure stocks hold significant appeal for investors. The Alerian Energy Infrastructure ETF (ENFR) is a great way to invest in a basket of these reliable stocks.
I’m bullish on the ENFR ETF based on its attractive dividend yield of 4.9%, the stability of the energy infrastructure stocks that it owns, and its improving performance in recent years. Plus, the ETF and its underlying holdings receive high marks from TipRanks’ proprietary Smart Score system, as we’ll discuss further in this article.
What Is the ENFR ETF’s Strategy?
According to the fund’s sponsor, “ENFR provides exposure to energy infrastructure companies and holds a broad portfolio of corporations and Master Limited Partnerships (MLPs) listed in the US and Canada.”
While the fund invests…