The Alerian MLP ETF, also known as AMLP, is a popular investment option for those looking to tap into the world of Master Limited Partnerships.
The AMLP is designed to track the performance of the Alerian MLP Index, which is comprised of 25 MLPs that are traded on major US exchanges.
One of the key benefits of investing in AMLP is its ability to provide a steady stream of income through the distribution of MLP cash flows.
This is particularly appealing to investors seeking a relatively stable source of returns in a market that can be volatile at times.
Fund Details
The Alerian MLP ETF has its primary listing on the NYSE Arca exchange, which is a well-established and reputable platform for trading securities. Its ticker symbol is not explicitly mentioned in the provided article sections, but we can infer that it's related to AMLP.
The fund's inception date is August 25, 2010, which gives us a sense of its age and maturity in the market. This information can be useful for investors looking to diversify their portfolios with a mix of older and newer funds.
The fund's type is an Exchange-Traded Fund (ETF), which offers flexibility and efficiency in trading. It's also worth noting that the fund's primary benchmark is the Alerian MLP Infrastructure Index, which provides a clear direction for the fund's investment strategy.
Here are the different time periods for which we can view the fund's performance:
- Last 5 Days
- 1 Month (1M)
- Year to Date (YTD)
Fund Disclosure
The fund is listed on the NYSE Arca exchange, which is a well-established platform for trading securities.
The fund's ticker is not explicitly stated in the provided information, but it's likely to be a unique identifier used to represent the fund on the exchange.
The fund's net assets are tracked as of a specific date, but that date is not specified in the provided information.
The fund's inception date is also not explicitly stated, but it's an important milestone that marks the beginning of the fund's operations.
The fund is an Exchange-Traded Fund (ETF), which means it's a type of investment fund that's traded on a stock exchange like individual stocks.
The primary benchmark for this fund is the Alerian MLP Infrastructure Index, which suggests that the fund is focused on investing in midstream energy infrastructure companies.
Here are some key metrics for the fund:
Fundamental Data
The Fundamental Data section of a fund's details is where you'll find some really valuable information about its size and performance. This section is like a snapshot of the fund's current state.
The Market Cap, or market capitalization, is a key metric to look at. It tells you the total value of all the fund's outstanding shares. For the Alerian MLP ETF, the Market Cap is a whopping $10,398.115 million.
The Shares Outstanding metric shows how many shares are currently floating around in the market. For this ETF, there are approximately 201.01 million shares outstanding.
One of the most important metrics to consider is the PE Ratio, or price-to-earnings ratio. This measures how much you're paying for each dollar of earnings the fund generates. The Alerian MLP ETF has a PE Ratio of 11.43.
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Here's a breakdown of the PE Ratio over the past 10 years:
The PB Ratio, or price-to-book ratio, is another important metric to consider. It measures how much you're paying for each dollar of the fund's book value. The Alerian MLP ETF has a PB Ratio of 1.83.
Performance and Holdings
The ALERIAN MLP ETF has a diverse portfolio with top holdings in the midstream energy industry. The fund's top 10 holdings include Plains All American Pipeline LP, Energy Transfer LP, and MPLX LP, making up a significant portion of the portfolio.
The fund's holdings heat map shows the percentage of the total portfolio held by each stock, with Plains All American Pipeline LP holding the largest weight at 13.55%. Energy Transfer LP and MPLX LP also hold significant weights, at 13.14% and 12.78%, respectively.
Here are the top 5 holdings in the ALERIAN MLP ETF, along with their weights:
Almp - Performance
The Alerian MLP ETF has had a strong day, opening at $51.2 and trading within a range of $50.99 to $51.77. This indicates a relatively stable market.
The ETF has seen a significant volume of trades, with 1,675,995 shares changing hands. This is a notable increase from previous days.
The 52-week range for the ETF is $43.02 to $52.82, showing a moderate level of fluctuation. Beta, a measure of volatility, is relatively low at 0.65.
The 3-Year Sharpe Ratio is 0.55 and the 3-Year Sortino Ratio is 0.92. These ratios indicate a relatively stable investment opportunity.
Here's a summary of the key performance metrics:
The 14-Day RSI is 58.74, indicating a moderate level of momentum. The 14-Day ATR is $0.789458, showing a relatively stable trading environment.
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Alarian ETF Holdings Breakdowns
The Alerian MLP ETF has a diverse portfolio of energy infrastructure companies. The top holdings include Plains All American Pipeline, L.P. (PAA), Energy Transfer LP (ET), and MPLX LP (MPLX).
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The ETF's holdings are regularly updated, with some stocks being added or removed. For example, Energy Transfer LP was added on November 30, 2023, with a 7.55% increase in value.
The Alerian MLP ETF's holdings are also influenced by the performance of individual stocks. Energy Transfer LP, for instance, had a 49.47% increase in price from $13.02 to $20.36.
Here's a breakdown of the top 10 holdings in the Alerian MLP ETF:
The Alerian MLP ETF's holdings are regularly updated, with some stocks being added or removed. For example, Sunoco LP was added on May 31, 2024, with a 5.00% increase in value.
The ETF's holdings are also influenced by the performance of individual stocks. Sunoco LP, for instance, had a 1.28% decrease in price from $49.73 to $56.14.
The Alerian MLP ETF's holdings are a key factor in its overall performance. By regularly updating its holdings and monitoring the performance of individual stocks, the ETF aims to provide investors with a diversified portfolio of energy infrastructure companies.
Distributions History
Distributions History is a crucial aspect of understanding an investment's performance. The AMLP has a long history of distributing dividends to its investors.
The AMLP has a quarterly dividend distribution frequency, as seen in the Dividend Distribution Analysis section. This means that investors can expect to receive a dividend payment every three months.
Looking at the Distributions History section, we can see that the AMLP has a history of paying dividends since at least 2011. The first recorded dividend payment was $1.216 on February 7, 2011.
Here's a breakdown of the dividend payments over the years:
The dividend payments have varied over the years, but the AMLP has consistently paid dividends to its investors.
Almp - Distributions
AMLP - Distributions are a key aspect of this ETF's appeal. The distribution yield is a significant 7.3%. Dividend distribution frequency is quarterly, providing regular income for investors.
The distribution yield of 7.3% is notable. This is a high yield compared to other investments. AMLP's distribution yield has been consistent over the years, with some fluctuations.
Here are the distribution yields for AMLP over the past few years:
Dividend distributions have been a crucial aspect of AMLP's performance. The ETF has consistently paid quarterly dividends, with some occasional return of capital distributions.
Statistics and Data
The Alerian MLP ETF has an open price of $51.2 on the current day. This is a relatively stable price, considering the day's range is between $50.99 and $51.77.
Its day's volume is a significant 1,675,995. This suggests a moderate level of trading activity.
The ETF's beta is 0.65, which indicates a relatively low level of volatility compared to the broader market. This can be a good thing for investors who want to minimize risk.
The 14-Day RSI is 58.74, which suggests that the ETF's price is currently in a neutral zone, neither overbought nor oversold.
Here is a summary of some key statistics:
The ETF's market cap is a substantial $10,398.115 million, indicating a large and established investment vehicle.
Frequently Asked Questions
Is AMLP a good buy now?
While AMLP has a Moderate Buy consensus rating, its price target of $53.75 may not necessarily indicate it's a good buy now, as individual results may vary. Consider researching more about AMLP's current market trends and performance before making a decision.
What is the current yield of the AMLP?
The current dividend yield of the AMLP is 7.75%. Consider upgrading to learn more about this investment opportunity.
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