The Infrastructure Capital Equity Income ETF (NYSE: ICAP) offers investors a way to gain exposure to large-cap equity securities that pay dividends while also pursuing income and total return opportunities, according to a recent announcement by Infrastructure Capital Advisors. The fund is actively managed by Jay D. Hatfield, founder, CEO and portfolio manager, who brings nearly thirty years of experience in financial markets.
The ETF seeks to invest at least 80% of its net assets in a diversified portfolio of large-capitalization equity securities that pay dividends. As of July 8, 2026, the fund had $113 million in assets under management. Hatfield employs a hands-on approach that includes maintaining proprietary company models, establishing price targets using a dynamic relative valuation framework, and employing a selective option writing strategy with modest leverage of typically 15-30% to enhance income while retaining upside market exposure.
This strategy comes at a time when Wall Street is divided on the Federal Reserve's next move. Under new chair Kevin Warsh, the Fed has shifted its focus to price stability over the labor market. At the June meeting, rates were held steady at 3.5% to 3.75%, but some analysts anticipate a quarter-point rate hike in September, with the consensus pointing to three rate hikes in 2026. However, others argue that energy-driven inflation may ease once the war in Iran ends, potentially leading to rate cuts.
This uncertainty has made it challenging for income-seeking investors, leading many to move from speculative growth stocks into income-paying large caps. The ICAP ETF provides a gateway to quality yield by investing in companies such as Citizens Financial Group Inc., NextEra Energy Inc., Marvell Technology Inc., and Toll Brothers Inc., offering a diversified basket of leaders across various industries. Fund holdings are subject to change; current top ten holdings can be viewed here.
Infrastructure Capital Advisors manages over $3.5 billion in total assets as of June 30, 2026, across several funds including the InfraCap Small Cap Income Fund (NYSE: SCAP), InfraCap MLP ETF (NYSE: AMZA), InfraCap REIT Preferred ETF (NYSE: PFFR), and Virtus InfraCap U.S. Preferred Stock ETF (NYSE: PFFA). The ICAP ETF offers monthly payouts or reinvestment of income, providing a steady income stream amid market volatility.
Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus with this and other information about the fund, click here. Past performance does not guarantee future results, and investing involves risk, including possible loss of principal.
