Key stats
About ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040
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Inception date
Oct 8, 2015
Structure
Exchange-Traded Note
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Distributor
UBS Securities LLC
MLPB tracks a popular MLP index. The note launched on Oct. 9, 2015 as a “B Series” companion to popular MLPI, providing more capacity for exposure to the same index. It is also a structural alternative to AMLP, which is a C-corp ETF that tracks the same infrastructure index. The roughly 25 companies in the index are all in our benchmark, but they have a narrower focus: MLPB holds only storage and transportation MLPs. The yield thrown off by the MLPs in the index is replicated with coupon payments from the ETN, which are taxed at ordinary income tax rates.
Classification
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.
MLPB trades at 25.38 USD today, its price has fallen −0.61% in the past 24 hours. Track more dynamics on MLPB price chart.
MLPB net asset value is 25.38 today — it's risen 1.37% 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.
MLPB assets under management is 209.44 M 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.
MLPB price has risen by 1.51% over the last month, and its yearly performance shows a 9.45% increase. See more dynamics on MLPB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.37% over the last month, showed a −7.26% decrease in three-month performance and has increased by 16.11% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.37% over the last month, showed a −7.26% decrease in three-month performance and has increased by 16.11% in a year.
MLPB fund flows account for −54.70 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.
MLPB expense ratio is 0.85%. 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, MLPB 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, MLPB technical analysis shows the strong 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 MLPB shows the buy signal. See more of MLPB technicals for a more comprehensive analysis.
Today, MLPB technical analysis shows the strong 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 MLPB shows the buy signal. See more of MLPB technicals for a more comprehensive analysis.
Yes, MLPB pays dividends to its holders with the dividend yield of 6.22%.
MLPB trades at a premium (0.01%).
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.
MLPB shares are issued by UBS Group AG
MLPB follows the Alerian MLP Infrastructure. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 8, 2015.
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.