USCF Midstream Energy Income Fund
$60.08−1.68 (−2.72%)
- 0.85%
- $557M
- +36.2%
- 5.76%
- 23.6K sh
- low $47.74high $64.77
The ETF.net UMI Grade
D
Score 34 out of 100
- 9 of 10
Score 34 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F14 out of 100Rank 9 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.D25 out of 100Rank 5 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A83 out of 100Rank 1 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F17 out of 100Rank 9 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B66 out of 100Rank 4 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 7 of 10
Our read on UMI
In short
DMost pipeline funds are index machines. UMI is a stock picker: sub-adviser Miller/Howard runs a concentrated book of US and Canadian midstream names, with current income as the stated first job and a payout that lands monthly.
Stated mandate
The Fund seeks a high level of current income and, secondarily, capital appreciation. It actively invests at least 80% of net assets in equity securities of U.S. and Canadian midstream energy companies.
Why people hold it
Worth knowing
UMI Holdings
- Stocks
- 24
- 64%
- ET
Sectors
- Energy99.4%
- Utilities0.6%
Geography
- United States75.28%
- Canada24.72%
UMI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
UMI$13,622
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | UMI |
|---|---|
| Year to date | +29.9% |
| 1 month | +9.3% |
| 3 months | +2.5% |
| 1 year | +36.2% |
| 3 years | +27.2% |
| 5 years | +20.8% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | UMI |
|---|---|---|
| 2026 YTD | +29.9% | |
| 2025 | +5.1% | |
| 2024 | +43.0% | |
| 2023 | +14.6% | |
| 2022 | +21.3% | |
| 2021 | +20.6% |
UMI in the news
UMI Dividends
- 5.76%
- $3.55
- $0.05 per share
- Monthly
UMI Risk
- 16.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.31
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
UMI Cost
Overpaying vs PBOG, cheapest in Oil & Gas Producers
$13,473
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
UMI 0.85%
$16,199
PBOG 0.13% Cheapest
$2,726
Cost over time
Year by year
| Year | UMI | PBOG | Overpaying |
|---|---|---|---|
| 10 | $1,508 | $238 | $1,270 |
| 20 | $5,706 | $930 | $4,776 |
| 30 | $16,199 | $2,726 | $13,473 |
Other funds in Oil & Gas Producers
- BPBOGPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETFExpense ratio 0.13%1 year return
- CTPYPTortoise North American Pipeline ETFExpense ratio 0.40%1 year return +33.1%
- CIEZiShares U.S. Oil Equipment & Services ETFExpense ratio 0.37%1 year return +40.0%
- DPXEInvesco Energy Exploration & Production ETFExpense ratio 0.63%1 year return +63.3%
- FAMZAInfraCap MLP ETFExpense ratio 1.72%1 year return +40.2%
