Market Vectors Bolsters Income Lineup by Acquiring Two MLP ETFs

“MLPs are an important segment of the energy market. The attractive yield characteristics of MLPs make these ETFs a natural extension of our focus on income-oriented investing and we’re excited to make this asset class available to investors,” said Van Eck CEO Jan Van Eck in the statement.

Market Vectors has previously acquired other issues to bolster its lineup. In 2011, the firm acquired the HOLDRs ETFs, giving it access to several well-known sector and industry funds, including the Market Vectors Biotech ETF (NYSEArca: BBH), Market Vectors Oil Service ETF (NYSEArca: OIH) and the Market Vectors Retail ETF (NYSEArca: RTH).

Yorkville High Income Infrastructure MLP ETF