In keeping up with the growing interest for yield generating master limited partnerships, Yorkville ETF Advisors launched another MLP-related exchange traded fund Tuesday that focuses on the infrastructure sub-sector.
According to a press release, the Yorkville High Income Infrastructure MLP (NYSEArca: YMLI) will try to reflect the performance of the Solactive High Income Infrastructure MLP Index, which provides exposure to infrastructure MLPs. YMLI has a 0.82% expense ratio. [Master Limited Partnerships: High-Yield Sector Gets Small-Cap ETF]
Sub-sector allocatiosn include natural gas pipelines 32.0%, general partners 8.0%, gathering & processing 32.0%, crude oil pipelines 12.0% and refined product pipelines 16.0%.
The ETF has 25 holdings and its’ top 10 components make up 40% of the overall weightings.
Master limited partnerships are an expanding segment of the energy industry as demand for pipelines, storage and processing systems develop to accommodate rising U.S. energy production.