Alerian MLP ETF
AMLP - Snapshot
Vitals
- YTD Return 32.2%
- 3 Yr Annualized Return -1.8%
- 5 Yr Annualized Return -2.6%
- Net Assets $5.75 B
- Holdings in Top 10 80.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.90%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 34.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) N/A
- IRA N/A
Fund Classification
-
Primary Theme
MLP Industry Equity
- Fund Type Exchange Traded Fund
- Investment Style Energy Limited Partnership
AMLP - Profile
Distributions
- YTD Total Return 34.9%
- 3 Yr Annualized Total Return -1.8%
- 5 Yr Annualized Total Return -2.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.85%
- Dividend Yield 8.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAlerian MLP ETF
-
Fund Family NameALPS
-
Inception DateAug 25, 2010
-
Shares Outstanding158032420
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRyan Mischker
Fund Description
The fund will normally invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is comprised of energy infrastructure MLPs that earn a majority of their cash flow from the transportation, storage and processing of energy commodities. It is non-diversified.
AMLP - Performance
Return Ranking - Trailing
| Period | AMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 32.2% | -0.7% | 68.4% | 23.75% |
| 1 Yr | 63.6% | -43.8% | 103.1% | 30.43% |
| 3 Yr | -1.8%* | -43.5% | 7.0% | 58.82% |
| 5 Yr | -2.6%* | -32.1% | 5.3% | 69.92% |
| 10 Yr | -0.1%* | -22.0% | 5.9% | 64.00% |
* Annualized
Return Ranking - Calendar
| Period | AMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 201.9% | -76.6% | 319.9% | 8.67% |
| 2019 | -2.6% | -10.0% | 18.9% | 78.91% |
| 2018 | -19.1% | -41.7% | -10.9% | 27.73% |
| 2017 | -14.4% | -59.9% | -1.4% | 63.21% |
| 2016 | 4.6% | -10.3% | 459.2% | 94.95% |
Total Return Ranking - Trailing
| Period | AMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 34.9% | -0.7% | 68.4% | 31.88% |
| 1 Yr | 63.6% | -43.8% | 103.1% | 26.51% |
| 3 Yr | -1.8%* | -43.5% | 7.0% | 48.08% |
| 5 Yr | -2.6%* | -32.1% | 5.3% | 60.84% |
| 10 Yr | -0.1%* | -22.0% | 5.9% | 64.00% |
* Annualized
Total Return Ranking - Calendar
| Period | AMLP Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -39.6% | -76.6% | 215.7% | 74.00% |
| 2019 | -2.6% | -87.2% | 18.9% | 85.16% |
| 2018 | -19.1% | -83.3% | -9.4% | 52.94% |
| 2017 | -14.4% | -59.9% | 0.4% | 81.13% |
| 2016 | 4.6% | -10.3% | 65.5% | 95.96% |
AMLP - Holdings
Concentration Analysis
| AMLP | Category Low | Category High | AMLP % Rank | |
|---|---|---|---|---|
| Net Assets | 5.75 B | 2.23 M | 5.75 B | 0.72% |
| Number of Holdings | 18 | 9 | 145 | 86.75% |
| Net Assets in Top 10 | 4.64 B | 5.09 K | 4.64 B | 0.66% |
| Weighting of Top 10 | 80.78% | 38.7% | 100.0% | 18.75% |
Top 10 Holdings
- MPLX LP Partnership Units 10.23%
- Enterprise Products Partners LP 10.05%
- Energy Transfer LP 10.04%
- Western Midstream Partners LP 9.85%
- Plains All American Pipeline LP 9.79%
- Magellan Midstream Partners LP 9.53%
- Phillips 66 Partners LP 6.57%
- DCP Midstream LP 6.32%
- TC Pipelines LP 5.31%
- NuStar Energy LP 4.40%
Asset Allocation
| Weighting | Return Low | Return High | AMLP % Rank | |
|---|---|---|---|---|
| Stocks | 99.89% | 48.68% | 136.36% | 35.10% |
| Cash | 0.11% | -37.20% | 4.23% | 66.89% |
| Preferred Stocks | 0.00% | 0.00% | 3.81% | 70.20% |
| Other | 0.00% | -33.19% | 11.51% | 47.02% |
| Convertible Bonds | 0.00% | 0.00% | 5.78% | 58.28% |
| Bonds | 0.00% | 0.00% | 40.86% | 66.23% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AMLP % Rank | |
|---|---|---|---|---|
| Energy | 100.00% | 26.02% | 100.00% | 3.31% |
| Utilities | 0.00% | 0.00% | 54.20% | 91.39% |
| Technology | 0.00% | 0.00% | 22.75% | 69.54% |
| Real Estate | 0.00% | 0.00% | 3.90% | 62.25% |
| Industrials | 0.00% | 0.00% | 16.27% | 72.19% |
| Healthcare | 0.00% | 0.00% | 0.02% | 57.62% |
| Financial Services | 0.00% | 0.00% | 6.99% | 71.52% |
| Communication Services | 0.00% | 0.00% | 3.96% | 58.94% |
| Consumer Defense | 0.00% | 0.00% | 1.20% | 64.24% |
| Consumer Cyclical | 0.00% | 0.00% | 0.19% | 61.59% |
| Basic Materials | 0.00% | 0.00% | 6.89% | 82.12% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AMLP % Rank | |
|---|---|---|---|---|
| US | 99.89% | 44.65% | 129.87% | 7.95% |
| Non US | 0.00% | 0.00% | 51.46% | 98.68% |
AMLP - Expenses
Operational Fees
| AMLP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.90% | 0.35% | 13.30% | 86.90% |
| Management Fee | 0.85% | 0.00% | 2.64% | 23.40% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.04% | 0.25% | N/A |
Sales Fees
| AMLP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
| AMLP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| AMLP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 34.00% | 8.00% | 314.43% | 20.97% |
AMLP - Distributions
Dividend Yield Analysis
| AMLP | Category Low | Category High | AMLP % Rank | |
|---|---|---|---|---|
| Dividend Yield | 8.25% | 0.00% | 2.44% | 1.18% |
Dividend Distribution Analysis
| AMLP | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| AMLP | Category Low | Category High | AMLP % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.85% | -25.67% | 6.88% | 68.80% |
Capital Gain Distribution Analysis
| AMLP | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Aug 20, 2020 | $0.750 |
| May 14, 2020 | $0.750 |
| Feb 20, 2020 | $0.950 |
| Nov 21, 2019 | $0.975 |
| Aug 15, 2019 | $0.950 |
| May 16, 2019 | $0.975 |
| Feb 21, 2019 | $0.975 |
| Nov 15, 2018 | $0.957 |
| Aug 16, 2018 | $1.033 |
| May 17, 2018 | $1.033 |
| Feb 15, 2018 | $1.033 |
| Nov 15, 2017 | $1.026 |
| Aug 16, 2017 | $1.075 |
| May 17, 2017 | $1.075 |
| Feb 15, 2017 | $1.125 |
| Nov 17, 2016 | $1.200 |
| Aug 17, 2016 | $1.200 |
| May 18, 2016 | $1.200 |
| Feb 18, 2016 | $1.495 |
| Nov 18, 2015 | $1.495 |
| Aug 19, 2015 | $1.495 |
| May 20, 2015 | $1.478 |
| Feb 19, 2015 | $1.463 |
| Nov 14, 2014 | $1.445 |
| Aug 13, 2014 | $1.420 |
| May 13, 2014 | $1.395 |
| Feb 13, 2014 | $1.390 |
| Nov 15, 2013 | $1.370 |
| Aug 14, 2013 | $1.345 |
| May 14, 2013 | $1.320 |
| Feb 14, 2013 | $1.305 |
| Nov 14, 2012 | $1.280 |
| Aug 14, 2012 | $1.260 |
| May 14, 2012 | $1.225 |
| Feb 14, 2012 | $1.215 |
| Nov 14, 2011 | $1.289 |
| Aug 12, 2011 | $1.263 |
| May 13, 2011 | $1.229 |
| Feb 15, 2011 | $1.216 |
| Nov 12, 2010 | $1.240 |
AMLP - Fund Manager Analysis
Managers
Ryan Mischker
Start Date
Tenure
Tenure Rank
Mar 31, 2015
6.25
6.3%
Ryan Mischker is manager of Index Management. Mr. Mischker has oversight of the day-to-day operations of the department. Prior to joining ALPS Advisors, Mr. Mischker served as Compliance Manager of ALPS Fund Services, where he was primarily responsible for managing all post-trade monitoring for IRS, SEC and Prospectus/Statement of Additional Information investment guidelines and restrictions. Mr. Mischker has over 13 years financial services experience and graduated from the University of Northern Colorado with a B.S. in Finance and B.A. in Economics.
Andrew Hicks
Start Date
Tenure
Tenure Rank
Mar 31, 2016
5.25
5.3%
Andrew Hicks, Vice President of Index Management, of ALPS Advisors, Inc.. Mr. Hicks joined ALPS Advisors as a portfolio manager in 2015. Prior to joining ALPS Advisors, Mr. Hicks was a senior equity trader and research analyst with Virtus Investment Partners in New York City, specializing in ETF trading and international research. From 2007 to 2011, Mr. Hicks was an equity trader and research analyst at SCM Advisors in San Francisco, an affiliate of Virtus Investment Partners. With over many years of experience, Mr. Hicks gained international equity trading experience while at Wentworth, Hauser & Violich, and he began his career in semiconductor equity research at Citi. Mr. Hicks earned an accounting degree from Miami University (Ohio) while interning each summer on the American Stock Exchange in New York City.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.27 | 17.35 | 6.97 | 11.26 |