InfraCap MLP ETF (NYSE Arca: AMZA) Tax Update
InfraCap MLP ETF (NYSE Arca: AMZA or the “Fund”) has modified the estimate of its deferred tax liability based on the information reported by the Master Limited Partnerships (MLPs) and recorded a reduction to the tax accrual of approximately $2.0 million (approximately $0.68 per share), which will increase the net asset value of the Fund on June 22, 2026. As part of the tax accrual adjustment, the Fund’s deferred tax liability has decreased primarily due to tax reporting received from the underlying investments.
The Fund continues to rely primarily on information provided by the MLPs, which is largely reported on a delayed basis and is not necessarily timely, to estimate deferred tax liability for purposes of financial statement reporting and determining the NAV. From time to time, the Adviser will modify the estimates or assumptions regarding the Fund’s deferred tax liability as new information becomes available and may consider, among other matters, the duration of statutory carryforward periods, shareholder transactions, and market conditions. The Fund’s estimates regarding its deferred tax liability are made in good faith; however, the daily estimate of the Fund’s deferred tax liability used to calculate the Fund’s NAV could vary significantly from the Fund’s actual tax liability.
