If interest rates inch up, MLP ETPs like the JPMorgan Alerian MLP Index ETN (NSYEArca: AMJ) or the ALPS Alerian MLP ETF (NYSEArca: AMLP) could begin to falter. AMJ is down 1.6% over the past month and gained 24.5% year-to-date. AMJ has a 4.56% 12-month yield and a 0.85% expense ratio. AMLP is down 0.7% over the past month and rose 14.9% year-to-date. AMLP has a 5.79% 12-month yield and a 0.85% expense ratio.[A Closer Look at Master Limited Partnership ETFs and ETNs]
JPMorgan Alerian MLP Index ETN
For more information on master limited partnerships, visit our MLPs category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own AMLP.