High Income MLP ETF Launches

March 13th at 2:47pm by John Spence

Exchange traded funds that invest in master limited partnerships have been a popular option for income-seeking investors. A new entrant joined the field of MLP ETFs on Tuesday.

Yorkville High Income MLP ETF (NYSEArca: YMLP) listed Tuesday. The fund has operating expenses of 0.82% and is managed by Yorkville ETF Advisors. It is the firm’s first ETF. [More MLP ETFs in the Pipeline]

MLPs enjoy tax benefits and pay out most of their net income to investors. [Master Limited Partnership ETFs]

The companies focus on the transportation, storage and processing of energy, including oil and natural gas. [MLP ETFs Attract Yield Hunters]

Exchange traded products in the category include ALPS Alerian MLP ETF (NYSEArca: AMLP), JP Morgan Alerian MLP Index ETN (NYSEArca: AMJ), Credit Suisse Cushing 30 MLP Index ETN (NYSEArca: MLPN) and UBS E-TRACS Alerian MLP Infrastructure ETN (NYSEArca: MLPI).

AMLP has a yield of 5.7%.

ALPS Alerian MLP ETF


The opinions and forecasts expressed herein are solely those of John Spence, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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