Infrastructure Capital Advisors (InfraCap), a manager of a series of hedge funds and ETFs has launched the InfraCap Equity Income Fund ETF (NYSE Arca: ICAP).
ICAP is an actively managed ETF overseen by portfolio manager and InfraCap Founder & CEO Jay D Hatfield. ICAP will primarily invest in equity securities of companies with a strong track record of paying dividends during normal market conditions.
ICAP’s portfolio of equities will generally be a diversified selection of securities, including a broad cross-section of sectors and sub-sectors, such as REITs, Utilities, Industrials, pipelines, and financials. In a further attempt to boost yield and reduce ICAP’s portfolio beta during normal markets, Hatfield will also opportunistically select preferred securities for inclusion – an area Hatfield and the InfraCap team knows well, as a manager of preferred-focused portfolios, including the Virtus InfraCap US Preferred Stock ETF (NYSE Arca: PFFA).
