ATMP
iPath Select MLP ETN
📎 Investment Objective
The iPath Select MLP ETN (ATMP) seeks to provide exposure to the performance of a select group of master limited partnerships (MLPs) in the energy sector.
Overview
ETF tracking iPath Select MLP ETN
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iPath Select MLP ETN (ATMP) seeks to provide exposure to the performance of a select group of master limited partnerships (MLPs) in the energy sector.
🎯 Investment Strategy
ATMP tracks the Barclays Select MLP Index, which is designed to provide exposure to a diversified group of energy-related MLPs. The index is composed of publicly traded MLPs engaged in the transportation, storage, processing, or production of energy commodities such as natural gas, natural gas liquids, coal, crude oil, or refined petroleum products.
✨ Key Features
- Provides exposure to a basket of energy-focused MLPs
- Tracks the Barclays Select MLP Index, which is designed to offer diversified MLP exposure
- Structured as an exchange-traded note (ETN), which has different tax implications than a traditional ETF
- Currently has very low assets under management and trading volume
⚠️ Primary Risks
- Exposure to the volatile energy sector and MLP asset class
- Potential tax complexities associated with ETN structure
- Low trading volume and liquidity risks
- Tracking error risk relative to the underlying index
👤 Best For
ATMP may be suitable for investors seeking exposure to the energy MLP sector as part of a diversified portfolio, but it may not be appropriate for all investors due to its specialized nature and potential tax implications. Investors should carefully consider the risks and their investment time horizon before investing.