EIPI: Light Enough For Upside, Heavier For The Grind - Maintain Buy

FT Energy Income Partners Enhanced Income ETF remains a Buy, supported by structural demand in LNG exports and AI-driven power needs. EIPI's flexible option layer, recently increased to ~36% coverage, balances income generation and upside capture amid a slower return regime. The portfolio's diversified mix—~54% oil/gas, ~31% utilities—offers exposure to both midstream and power demand themes, reducing correlation and enhancing resilience. I expect total returns to rely more on option premiums and income, with a slower but positive trajectory ahead, supported by strong underlying fundamentals.