NEW YORK, Aug. 26, 2015 /PRNewswire/ -- The InfraCap MLP ETF (NYSE: AMZA) announced today that the net asset value ("NAV") reported on August 24 was incorrect due to a technical malfunction experienced by the fund accounting agent, which calculates the NAV. The correct NAV was $15.6327657. NAV per share does not represent the market price at which an investor may trade shares of the fund on the NYSE. The closing market price on that date remains unchanged.
ABOUT THE FUND
InfraCap MLP ETF (Ticker: AMZA) (the Fund) seeks total return primarily through investments in equity securities of publicly-traded master limited partnerships and limited liability companies taxed as partnerships (MLPs).
Carefully consider the Fund's investment objective, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund's prospectus, which can be obtained at infracapmlp.com or by calling ETF Distributors LLC at 1-888-383-4184. Read the prospectus carefully before investing.
An investment in the Fund is subject to investment risks; therefore you may lose money by investing in the Fund. There can be no assurance that the Fund will be successful in meeting its investment objective. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Narrowly focused investments typically exhibit higher volatility.
Virtus ETF Advisers LLC serves as the investment advisor and Infrastructure Capital Advisors, LLC serves as the sub-advisor to the Fund. The Fund is distributed by ETF Distributors LLC, an affiliate of Virtus ETF Advisers LLC.
SOURCE Virtus ETF Advisers LLC