Overview: |
| Title: MLPs, Utilities, REITs & Preferred Income Outlook |
| Date: Wednesday, October 6, 2021 |
| Time: 2:00 PM Eastern Standard Time |
| Duration: 1 hour |
Register Now: |
| Already Registered? |
Summary: |
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Available Soon On Demand. Positioning portfolios with exposure to alternative income strategies is critical in today’s market environment. Advisers are seeking consistent performance with low volatility, in asset classes that may continue to perform in late cycle markets or even during a potential recession. Join us for this in-depth discussion that will cover:
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Mr. Hatfield has almost three decades of experience in the securities and investment industries. At ICA, he is the portfolio manager of InfraCap MLP ETF (NYSE: AMZA), Virtus InfraCap U.S. Preferred Stock ETF (NYSE: PFFA), InfraCap REIT Preferred ETF (NYSE: PFFR) and a series of hedge funds. He leads the investment team and directs the company’s business development. During his career, Mr. Hatfield has gained a broad perspective on the U.S. financial markets with years as an investment banker, a research director and portfolio manager, and as a co-founder of a NYSE-listed company. Prior to forming ICA, he partnered with senior energy industry executives to acquire several midstream MLPs. These companies were merged to form a company now known as NGL Energy Partners, LP (NYSE: NGL). NGL went public in May 2011 and Mr. Hatfield is currently a general partner. In the years prior to forming NGL, Mr. Hatfield was a portfolio manager at SAC Capital (now Point72 Asset Management), running a portfolio focused on income securities. He joined SAC from Zimmer Lucas Partners, a hedge fund focused on energy and utility sectors, where he was head of research. Earlier in his career, he was head of an investment banking unit at CIBC/Oppenheimer and a Principal in an investment banking unit at Morgan Stanley & Co. He began his career as a CPA at Ernst & Young. He holds an MBA from the Wharton School at the University of Pennsylvania and a BS from the University of California at Davis. In additional to asset management, Mr. Hatfield founded Tutoring America, a non-profit organization dedicated to providing low-income students with supplemental tutoring services so that they can catch up to grade level in both math and English language arts. |
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Brad Thomas has more than 25 years’ experience in commercial real estate, where he’s formulated a deep understanding of development, finance, and securities analysis. His experience is rooted in value investing thanks to his background as a developer and his continuing career as an investor and advisor. As CEO and Senior Analyst for Wide Moat Research, and host of The Ground Up podcast, Thomas researches and writes on a variety of real estate-based income alternatives, with a primary focus on publicly-traded REITs. His broad understanding of capital markets in general has given him a particularly strong track record when it comes to evaluating the most intelligent companies out there – with a keen eye on distinguishing between solid investment operations and speculative ones. Thomas, who received his bachelor’s degree in Business and Economics from Presbyterian College, is editor of the Forbes Real Estate Investor newsletter. He writes weekly for Forbes.com and The Property Chronicle, as well as Seeking Alpha, where he’s the #1 analyst on REITs and Finance. Co-author of The Intelligent REIT Investor, he’s been featured in Forbes Magazine, Kiplinger’s, U.S. News & World Report, and Money. NPR, Institutional Investor, and GlobeStreet have also published his work, and he is a frequent contributor at Fox & Friends and Fox Business. In addition to his real estate interests, Thomas is an accomplished and sought-after speaker throughout the U.S. and on the international stage. When he’s not working, he enjoys writing books (with one underway right now) as well as being a devoted father to his five wonderful children. |
Fund Risks
InfraCap MLP ETF (NYSE: AMZA)
Exchange Traded Funds: The value of an ETF may be more volatile than the underlying portfolio of securities the ETF is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities. MLP Interest Rates: As yield-based investments, MLPs carry interest rate risk and may underperform in rising interest rate environments. Additionally, when investors have heightened fears about the economy, the risk spread between MLPs and competing investment options can widen, which may have an adverse effect on the stock price of MLPs. Rising interest rates may increase the potential cost of MLPs financing projects or cost of operations, and may affect the demand for MLP investments, either of which may result in lower performance by or distributions from the Fund’s MLP investments. Industry/Sector Concentration: A fund that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non-concentrated fund. Short Sales: The fund may engage in short sales, and may experience a loss if the price of a borrowed security increases before the date on which the fund replaces the security. Leverage: When a fund leverages its portfolio, the value of its shares may be more volatile and all other risks may be compounded. Derivatives: Investments in derivatives such as futures, options, forwards, and swaps may increase volatility or cause a loss greater than the principal investment. MLPs: Investments in Master Limited Partnerships may be adversely impacted by tax law changes, regulation, or factors affecting underlying assets. No Guarantee: There is no guarantee that the portfolio will meet its objective. Prospectus: For additional information on risks, please see the fund’s prospectus.
Virtus InfraCap U.S. Preferred Stock ETF (NYSE: PFFA)
Exchange Traded Funds: The value of an ETF may be more volatile than the underlying portfolio of securities the ETF is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities. Preferred Stock: Preferred stocks may decline in price, fail to pay dividends, or be illiquid. Non-Diversified: The fund is non-diversified and may be more susceptible to factors negatively impacting its holdings to the extent that each security represents a larger portion of the fund’s assets. Short Sales: The fund may engage in short sales, and may experience a loss if the price of a borrowed security increases before the date on which the fund replaces the security. Leverage: When a fund leverages its portfolio, the value of its shares may be more volatile and all other risks may be compounded. Derivatives: Investments in derivatives such as futures, options, forwards, and swaps may increase volatility or cause a loss greater than the principal investment. No Guarantee: There is no guarantee that the portfolio will meet its objective. Prospectus: For additional information on risks, please see the fund’s prospectus.
InfraCap REIT Preferred ETF (NYSE: PFFR)
Exchange-Traded Funds (ETF): The value of an ETF may be more volatile than the underlying portfolio of securities it is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities. Preferred Stocks: Preferred stocks may decline in price, fail to pay dividends, or be illiquid. Real Estate Investments: The fund may be negatively affected by factors specific to the real estate market, including interest rates, leverage, property, and management. Industry/Sector Concentration: A fund that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non-concentrated fund. Passive Strategy/Index Risk: A passive investment strategy seeking to track the performance of the underlying index may result in the fund holding securities regardless of market conditions or their current or projected performance. This could cause the fund’s returns to be lower than if the fund employed an active strategy. Correlation to Index: The performance of the fund and its index may vary somewhat due to factors such as fund flows, transaction costs, and timing differences associated with additions to and deletions from its index. Market Volatility: Securities in the fund may go up or down in response to the prospects of individual companies and general economic conditions. Price changes may be short or long term. Prospectus: For additional information on risks, please see the fund’s prospectus.
You should consider the fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact VP Distributors LLC at 1-888-383-4184 or visit www.virtusetfs.com to obtain a prospectus which contains this and other information about the fund. The prospectus should be read carefully before investing.
Distributed by VP Distributors, LLC, an affiliate of Virtus ETF Advisers LLC
For Investment Professionals Only.