AMLP has a yield of about 6.3%, which is why MLP funds have been popular with investors seeking income. MLPs sport significant dividend yields, paid out quarterly as distributions. The fund has an expense ratio of 0.85%.
Some investors have been drawn to MLPs for diversification purposes because the sector has a low correlation with the S&P 500.
However, MLP exchange traded products have unique tax wrinkles that investors need to understand. [An Overview of MLP ETFs]
Alerian MLP ETF
