Underscoring the popularity of MLP ETFs, MLPX had $100 million in AUM in June. That number has since grown to $160 million. [Fast Rise for This MLP ETF]
ETFs with decent exposure to Kinder Morgan Energy Partners include the Yorkville High Income Infrastructure MLP ETF (NYSEArca: YMLI) and the Global X MLP ETF (NYSEArca: MLPA).
YMLI has a combined weight to Kinder Morgan Energy and El Paso of almost 8.7% with a distribution yield of 5.41%, according to Yorkville data. MLPA’s combined weight to the two stocks is 7.8%.
However, neither of those ETFs are RIC-compliant, which results in total annual fund operating expenses that are well in excess of what investors normally find on ETFs. [A Look at MLP Tax Issues]
First Trust North American Energy Infrastructure Fund