Great Macro Energy PlayI'm long on $MLPA. Energy play. With geopolitics heating up, this will likely benefit. Monthly looks great as we trend up through levels. We're about to hit a critical level and if it breaks through, I suspect we see $58-68 over the next 12-24 months. It's a >7% dividend as well so one of the few tr
Key stats
About Global X MLP ETF
Home page
Inception date
Apr 18, 2012
Structure
C-Corporation
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
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
MLPA offers exposure to US-listed midstream MLPs exclusively. Holding approximately 20-30 constituents, the fund narrows in on entities that focus on transportation, storage and processing of various energy products. Selected securities are weighted by market-cap, subject to capping constraints. Structured as a C-corporation, the fund pays taxes at the fund level, with the upside that its distributions are generally tax-deferred. The index rebalances quarterly. Prior to March 30, 2015, the fund tracked the Solactive MLP Composite Index which included exploration and production (upstream) and refining and marketing (downstream) firms.
Classification
What's in the fund
Exposure type
Industrial Services
Distribution Services
Stock breakdown by region
Top 10 holdings
MLPA: Compression at the bottom of bullish channelThe current channel in MLPA began April 2020, with the long-term resistance line crossed in January 2022. Bullish channel is now 3.5 years old and may be pushing to longer term key level at $48.50. If the price action moves to the top of the current channel, share price will approach $55.
However,
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MLPA trades at 49.90 USD today, its price has fallen −0.24% in the past 24 hours. Track more dynamics on MLPA price chart.
MLPA net asset value is 50.31 today — it's risen 1.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MLPA assets under management is 1.78 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MLPA price has fallen by −1.16% over the last month, and its yearly performance shows a 7.22% increase. See more dynamics on MLPA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.29% over the last month, showed a −2.81% decrease in three-month performance and has increased by 16.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.29% over the last month, showed a −2.81% decrease in three-month performance and has increased by 16.69% in a year.
MLPA fund flows account for 64.55 M 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MLPA invests in stocks. See more details in our Analysis section.
MLPA expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MLPA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MLPA technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MLPA shows the buy signal. See more of MLPA technicals for a more comprehensive analysis.
Today, MLPA technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MLPA shows the buy signal. See more of MLPA technicals for a more comprehensive analysis.
Yes, MLPA pays dividends to its holders with the dividend yield of 7.32%.
MLPA trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MLPA shares are issued by Mirae Asset Global Investments Co., Ltd.
MLPA follows the Solactive MLP Infrastructure Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 18, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.