MLPA

Global X MLP ETF

$48.60
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Global X MLP ETF (MLPA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Infrastructure Index.

Overview

ETF tracking Global X MLP ETF

Issuer Other
Inception Date 2012-04-19
Market Cap $1.8B
Average Volume N/A
Dividend Yield 7.79%
52-Week Range $46.39 - $54.53
VWAP $48.42

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Global X MLP ETF (MLPA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Infrastructure Index.

🎯 Investment Strategy

The fund invests in master limited partnerships (MLPs) that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of natural resources. The fund's investment strategy is to replicate the performance of the underlying index.

✨ Key Features

  • Provides exposure to a diversified portfolio of MLP companies involved in the energy infrastructure industry
  • Tracks the Solactive MLP Infrastructure Index, which is designed to measure the performance of publicly traded MLPs
  • Potential for income generation through MLP distributions
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the MLP and energy infrastructure sectors
  • Potential volatility due to the nature of MLP investments
  • Tax considerations as MLPs may generate unrelated business taxable income (UBTI)
  • Liquidity risk as MLP investments may have lower trading volumes

👤 Best For

This ETF may be suitable for investors seeking exposure to the MLP and energy infrastructure sectors, with a focus on potential income generation and long-term capital appreciation. Investors should be comfortable with the risks associated with MLP investments and be willing to hold the fund for the medium to long term.