ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities). ALPS Advisors, Inc. is the investment adviser to the fund.
Basic Details
Issuer Alps
Fund NameAlerian MLP ETF
Tax ClassificationCorporation
SymbolNYSEARCA:AMLP
Inception Date8/25/2010
Fund ManagerRyan Mischker, Andrew Hicks
Phone+1-303-7683200
Fund Focus
Asset ClassEquity
BenchmarkAlerian MLP Infrastructure TR USD
CategorySector
FocusEnergy
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$10.49 billion
Average Daily Volume$17.38 million
Discount/Premium-11.67%
ETF Expenses
Management Fee0.85%
Other Expenses0.00%
Total Expenses0.85%
Fee Waiver0.00%
Net Expenses0.85%
Administrator, Advisor and Custodian
AdministratorALPS Fund Services, Inc.
AdvisorALPS Advisors, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Portfolio Solutions Distributor, Inc.
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial
Alerian MLP (NYSEARCA:AMLP) Frequently Asked Questions
What is Alerian MLP's stock symbol?
Alerian MLP trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "AMLP."
How often does Alerian MLP pay dividends? What is the dividend yield for Alerian MLP?
Alerian MLP announced a quarterly dividend on Thursday, August 9th. Stockholders of record on Friday, August 10th will be paid a dividend of $0.2066 per share on Thursday, August 16th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.40%. The ex-dividend date is Thursday, August 9th. View Alerian MLP's Dividend History.
Are investors shorting Alerian MLP?
Alerian MLP saw a increase in short interest during the month of July. As of July 13th, there was short interest totalling 32,656,295 shares, an increase of 20.5% from the June 29th total of 27,089,617 shares. Based on an average trading volume of 8,801,677 shares, the days-to-cover ratio is presently 3.7 days. View Alerian MLP's Current Options Chain.
Has Alerian MLP been receiving favorable news coverage?
Headlines about AMLP stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alerian MLP earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the exchange traded fund an impact score of 46.65 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Alerian MLP.
Who are Alerian MLP's major shareholders?
Alerian MLP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Morgan Stanley (6.86%), Charles Schwab Investment Advisory Inc. (3.96%), Wells Fargo & Company MN (3.21%), Creative Planning (2.33%), TIAA FSB (0.88%) and Raymond James & Associates (0.67%).
Which institutional investors are selling Alerian MLP stock?
AMLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Chickasaw Capital Management LLC, LVW Advisors LLC, Omnia Family Wealth LLC, Sandhill Capital Partners LLC, Renaissance Technologies LLC, Janney Montgomery Scott LLC and Tiedemann Advisors LLC.
Which institutional investors are buying Alerian MLP stock?
AMLP stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Advisory Inc., First Republic Investment Management Inc., Jordan Park Group LLC, Creative Planning, Envestnet Asset Management Inc., VCU Investment Management Co, Wells Fargo & Company MN and Green Square Capital LLC.
How do I buy shares of Alerian MLP?
Shares of AMLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alerian MLP's stock price today?
One share of AMLP stock can currently be purchased for approximately $11.17.
How big of a company is Alerian MLP?
Alerian MLP has a market capitalization of $8.80 billion.
How can I contact Alerian MLP?
Alerian MLP's mailing address is 6803 S. TUCSON WAY, CENTENNIAL, CO 80112-3924, United States. The exchange traded fund can be reached via phone at +1-303-7683200.
MarketBeat Community Rating for Alerian MLP (NYSEARCA AMLP)
MarketBeat's community ratings are surveys of what our community members think about Alerian MLP and other stocks. Vote "Outperform" if you believe AMLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
