Bringing you live news and features since 2006 

ETracs adds Alerian MLP Index ETN to its suite of MLP-related ETNs

RELATED TOPICS​

The UBS ETracs Alerian MLP Index ETN, linked to the Alerian MLP Index, has begun trading on the NYSE Arca.



The ETracs Alerian MLP Index ETN offers investors:

  • Access to the Alerian MLP Index.
  • Exposure to a portfolio of 50 energy master limited partnerships (MLPs) through a single, exchange-traded security.
  • Income potential in the form of a variable quarterly coupon linked to the cash distributions, if any, on the MLPs in the index, less investor fees.
  • Straightforward tax administration, as the coupons associated with the ETN are reported as ordinary income on Form 1099, therefore eliminating the administrative burden associated with K-1 tax forms.

“MLPs continue to be a highly-favoured asset for investors seeking attractive yields and relatively low correlation to other asset classes,” says Christopher Yeagley, managing director and US head of equity structured products. “So we are particularly excited to once again partner with Alerian, a market leader in the MLP space, to offer an ETN linked to their popular Alerian MLP Index.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by