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About Alerian MLP ETF
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Inception date
Aug 23, 2010
Structure
C-Corporation
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ALPS Advisors, Inc.
Distributor
ALPS Portfolio Solutions Distributor, Inc.
AMLP seeks to invest in energy infrastructure MLPs, selected by distributions. The companies listed in its market-cap-weighted index earn majority of their cash flow from midstream activities involving energy commodities. Structured as a C-corporation, the fund allows full allocation to MLPs, unlike traditional ETFs that can only hold 25% of their portfolios in MLPs. However, this structure introduces a layer of taxation that prevents it from passing through the full return of its underlying index. Therefore, AMLP provides diluted exposure to its MLPs. This, however, benefits shareholdersmost distributions are tax-deferred, similar to the underlying MLPs and in contrast to ETNs. The underlying index is rebalanced every quarter.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Distribution Services
Stocks104.92%
Industrial Services65.04%
Distribution Services17.12%
Energy Minerals9.26%
Utilities5.02%
Process Industries3.55%
Bonds, Cash & Other−4.92%
Mutual fund0.01%
Cash−4.93%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AMLP invests in stocks. The fund's major sectors are Industrial Services, with 68.25% stocks, and Distribution Services, with 17.97% of the basket. The assets are mostly located in the North America region.
AMLP top holdings are MPLX LP and Energy Transfer LP, occupying 12.89% and 12.83% of the portfolio correspondingly.
AMLP last dividends amounted to 0.98 USD. The quarter before, the issuer paid 0.97 USD in dividends, which shows a 1.02% increase.
AMLP assets under management is 10.22 B USD. It's risen 3.86% over the last month.
AMLP fund flows account for 1.49 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, AMLP pays dividends to its holders with the dividend yield of 8.01%. The last dividend (May 19, 2025) amounted to 0.98 USD. The dividends are paid quarterly.
AMLP shares are issued by SS&C Technologies Holdings, Inc. under the brand Alerian. The ETF was launched on Aug 23, 2010, and its management style is Passive.
AMLP expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
AMLP follows the Alerian MLP Infrastructure. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AMLP invests in stocks.
AMLP price has fallen by −0.35% over the last month, and its yearly performance shows a 6.09% increase. See more dynamics on AMLP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.07% over the last month, showed a −1.61% decrease in three-month performance and has increased by 14.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.07% over the last month, showed a −1.61% decrease in three-month performance and has increased by 14.77% in a year.
AMLP trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.