MLPX

Global X MLP & Energy Infrastructure ETF

$60.38
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

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

Overview

ETF tracking Global X MLP & Energy Infrastructure ETF

Issuer Other
Inception Date 2013-08-07
Market Cap $2.6B
Average Volume N/A
Dividend Yield 4.84%
52-Week Range $55.32 - $67.20
VWAP $60.09

Performance

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Price Chart

Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The fund invests in master limited partnerships (MLPs) and energy infrastructure companies that are engaged in the transportation, storage, and processing of natural resources. The fund's portfolio is designed to provide exposure to the performance of the Solactive MLP & Energy Infrastructure Index.

✨ Key Features

  • Focuses on MLPs and energy infrastructure companies involved in the midstream energy sector
  • Provides exposure to the performance of the Solactive MLP & Energy Infrastructure Index
  • Diversified portfolio across different energy subsectors and companies
  • Potential for income generation through MLP distributions

⚠️ Primary Risks

  • Concentration risk in the energy and MLP sectors
  • Exposure to commodity price fluctuations and volatility
  • Potential for reduced distributions or suspension of payouts by MLPs
  • Tax implications of investing in MLPs

👤 Best For

This ETF may be suitable for investors seeking exposure to the midstream energy sector, including MLPs and energy infrastructure companies, as part of a diversified portfolio. Investors should be comfortable with the risks associated with the energy and MLP sectors, including commodity price volatility and potential tax implications.