InfraCap MLP ETF raises monthly payout to $0.34, but long-term risks remain for income investors.

InfraCap MLP ETF (AMZA) increased its monthly distribution from $0.29 to $0.34 for 2026, offering a 7.5% to 8% yield from a leveraged portfolio of energy midstream MLPs. The fund's income is supported by strong energy prices, steady pipeline volumes, and a covered-call strategy, making near-term payouts appear secure. However, risks include a high 2.75% expense ratio, leverage that amplifies NAV volatility, and potential tax adjustments. Investors seeking simpler tax reporting and high income may find AMZA attractive, but cost-conscious investors might prefer the lower-fee AMLP ETF with less leverage.