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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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MLPB last dividends amounted to 0.41 USD. The quarter before, the issuer paid 0.39 USD in dividends, which shows a 5.18% increase.
MLPB assets under management is 209.55 M USD. It's risen 5.67% over the last month.
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.
Yes, MLPB pays dividends to its holders with the dividend yield of 6.07%. The last dividend (Apr 22, 2025) amounted to 0.41 USD. The dividends are paid quarterly.
MLPB shares are issued by UBS Group AG under the brand ETRACS. The ETF was launched on Oct 8, 2015, and its management style is Passive.
MLPB expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
MLPB follows the Alerian MLP Infrastructure. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MLPB price has risen by 4.93% over the last month, and its yearly performance shows a 10.30% increase. See more dynamics on MLPB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.29% over the last month, showed a −1.90% decrease in three-month performance and has increased by 16.73% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.29% over the last month, showed a −1.90% decrease in three-month performance and has increased by 16.73% in a year.
MLPB trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.