Category Average Return | 3.1% | 11.0% | 22.8% |
Fund Name | Ticker | Summary | 2025 | 2024 | 2023 |
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Alerian Energy Infrastructure ETF | ENFR | 0.2% | 8.7% | 5.2% | |
The fund seeks to replicate the total return performance of the benchmark index before fees and expenses by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. The fund employs a passive management or indexing investment approach that is designed to track the performance of the Index. Next, the research team invests in securities that comprise the Underlying Index. The Underlying Index is a composite of North American energy infrastructure companies engaged in midstream activities involving energy commodities including gathering and processing, liquefaction, pipeline transportation, rail terminaling, and storage. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may invest no more than 25% of its net assets in the securities of one or more qualified publicly traded partnerships, which include MLPs. |
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Alerian MLP ETF | AMLP | 0% | 0% | 0% | |
The fund seeks to replicate the price and yield performance of the benchmark index, before fees and expenses by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. The fund employs a passive management or indexing investment approach that is designed to track the performance of the Underlying Index. Next, the research team invests at least 90% of the fund’s net 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. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. |
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Barclays ETN+ Select MLP ETNs | ATMP | 4.4% | 10.2% | 5.8% | |
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BMO Elkhorn DWA MLP Select Index ETN | BMLP | 0% | 13.4% | 3% | |
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Credit Suisse S&P MLP ETN | MLPO | 3.7% | 3.5% | 21.1% | |
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Direxion Zacks MLP High Income Shares | ZMLP | 0% | 0% | 0% | |
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ETRACS Alerian MLP Index ETN Series B | AMUB | 3.8% | 18.7% | 42% | |
The fund seeks to replicate the performance of the benchmark index, before fees and expenses, by investing in companies in the United States. Also, the fund is an Exchange Traded Note linked to the performance of the benchmark index, and may pay a variable quarterly coupon linked to the cash distributions, if any, on the Master Limited Partnerships in the Alerian MLP Index, less investor fees. The Index measures the composite performance of energy MLPs. The Securities are senior unsecured medium-term notes issued by UBS with a return linked to the performance of the Alerian MLP Index (the Index), reduced by the Accrued Tracking Fee. The Securities may pay a quarterly coupon during their term. |
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ETRACS Alerian MLP Infrastructure Index ETN Series B | MLPB | 0% | 3% | 17.9% | |
The fund seeks to replicate the performance of the benchmark index, before fees and expenses, by investing in companies in the United States. Also, the fund may pay a variable quarterly coupon linked to the cash distributions paid on the Master Limited Partnerships in the index, less investor fees. The Index measures the performance of energy infrastructure MLPs. The Securities are senior unsecured medium-term notes issued by UBS with a return linked to the performance of the Alerian MLP Infrastructure Index (the Index). The Securities may pay a quarterly coupon during their term. |
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First Trust North American Energy Infrastructure Fund | EMLP | 0% | 0% | 0% | |
The fund seeks total return by investing in companies in the United States. The fund’s investment strategy emphasizes current distributions and dividends paid to shareholders. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in equity securities of companies engaged in the energy infrastructure sector. These companies principally include U.S. and Canadian natural gas and electric utilities, corporations operating energy infrastructure assets such as pipelines or renewable energy production, utilities, publicly-traded master limited partnerships or limited liability companies taxed as partnerships, MLP affiliates. Also, the team invests in companies that derive the majority of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission and petroleum and natural gas storage in the petroleum, natural gas and power generation industries. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. In addition, the fund will invest significantly in equity securities of companies headquartered or incorporated in the United States and Canada. The fund may also utilize derivative investments such as bond index and equity index futures to hedge against interest rate and market risks. |
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Global X MLP ETF | MLPA | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities of the Underlying Index. The Underlying Index seeks to track the performance of the energy infrastructure MLP asset class in the United States. Midstream MLPs are publicly traded partnerships engaged in the transportation, storage and processing of natural resources. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Also, the fund will concentrate its investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. The fund may also invest in MLPs that elect to be taxed as corporations. |
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InfraCap MLP ETF | AMZA | 0% | 0.8% | 13.6% | |
The fund seeks total return by investing in companies across any size in the United States. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in equity securities of MLPs in the energy infrastructure sector. Also, the team prefers MLPs that operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal. In addition, the team may also write call and put options on securities, ETFs or security indexes in an effort to generate additional current income and reduce volatility. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund typically invests in 25 to 35 midstream MLPs, including publicly traded limited partnerships and limited liability companies taxed as partnerships, as well as related general partners. However, the fund will not invest more than 15% of its net assets in any one issuer. The fund will concentrate its investments in the securities of issuers engaged primarily in energy-related industries. Also, the fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can. |
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iPath S&P MLP ETN | IMLP | 0% | 0% | 0% | |
The fund seeks to provide exposure to the Volume-Weighting Average Price of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. The Index is designed to provide exposure to leading partnerships that trade on major U.S. exchanges, and includes both master limited partnerships and publicly traded limited liability companies which have a similar legal structure to MLPs. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. |
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JPMorgan Alerian MLP Index ETN | AMJ | 1.5% | 8.1% | 30.3% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in small-and mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. The Index is designed to track the performance of the energy MLP sector. Next, the research team seeks to provide exposure to midstream energy Master Limited Partnerships. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. |
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Tortoise North American Pipeline Fund | TPYP | 1.1% | 19.9% | 37.2% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive management or indexing investment approach. Next, the research team invests significantly in securities that comprise the Underlying Index. The Underlying Index is designed to track the overall performance of equity securities of North American Pipeline Companies. Pipeline companies engage in the business of transporting natural gas, crude oil and refined products, storing, gathering and processing such gas, oil and products and local gas distribution. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may invest up to 20% of its net assets in certain index futures, options, options on index futures, swap contracts or other derivatives, cash and cash equivalents, other investment companies, as well as in securities and other instruments not included in the Underlying Index. Additionally, the fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index concentrates in an industry or group of industries. |
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VanEck Vectors High Income MLP ETF | YMLP | 7.3% | 24% | 52.1% | |
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