Actively managed fund is designed to provide investors and advisors with a value-focused, differentiated tool for accessing income-generating small cap equity exposure
NEW YORK, June 25, 2024--(BUSINESS WIRE)--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.
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:
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.
