EINC viable long-term investment? Dividend yield

VanEck Energy Income ETF (EINC) appears to be a viable long-term investment, and here's why:

1. High Dividend Yield: The VanEck Energy Income ETF has a current dividend yield of 3.96%, which is above the average dividend yield of many other ETFs and mutual funds. This indicates that the ETF is returning a significant portion of its profits to shareholders, which can be attractive to income-focused investors.

2. Stable Fund Performance: The ETF has shown stable performance over time, with average annual total returns ranging from 2.81% to 29.59%. This consistent performance is a positive sign for long-term investors, as it suggests that the fund is able to generate returns without significant volatility.
3. Diversified Portfolio: The ETF invests in a diversified portfolio of securities that replicate the MVIS® North America Energy Infrastructure Index, which includes companies involved in the midstream energy segment. This diversification helps to mitigate risk and can provide stability in the fund's performance.
4. Expense Ratio and Turnover: The net expense ratio for EINC is 0.46%, which is relatively low compared to other ETFs. This means that the fund is able to keep more of its returns rather than spending on fees. The turnover rate of 23% indicates that the fund is actively managed, which can be beneficial for long-term investors looking for a fund that is responsive to market changes.
5. Sector Representation: As of September 30, 2023, the energy sector represented a significant portion of the fund. This sector-specific focus can be advantageous for investors looking to capitalize on the performance of the energy market.

In conclusion, VanEck Energy Income ETF (EINC) offers a high dividend yield, stable performance, and a diversified portfolio, making it a viable long-term investment option for income-focused investors.