AMLP
Alerian MLP ETF
Alerian MLP ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the price and yield performance of the Alerian MLP Infrastructure Index.
4.0%
ALTAR Score™
Trend in ALTAR Score™
Percentile: 21st
UNDERWEIGHT
Recommendation
Fund Basics
| Fund sponsor | ALPS ETF Trust |
| Category | US Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 25, 2010 |
| Assets (mns) | $9,111 |
| Expense ratio | 85 bp |
| Currency | USD |
Constituent Breakdown
| No. of constituents | 24 |
| Herfindahl-Hirschman Index | 675 |
| Wgt avg mkt cap (mns) | $11,979 |
| Large cap (>$10bn) | 31.7% |
| Mid cap ($2-10bn) | 60.8% |
| Small cap (<$2bn) | 7.5% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Fund Structure
| Regulation | C Corporation |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Distributions |
| Weighting | Market Cap |
| Smart-beta | Yes |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ENTERPRISE PRODUCTS PARTNERS | 10.1 % |
| PLAINS ALL AMER PIPELINE LP | 10.1 % |
| ENERGY TRANSFER EQUITY LP | 10.0 % |
| MAGELLAN MIDSTREAM PARTNERS | 9.8 % |
| MPLX LP | 9.4 % |
| WESTERN GAS EQUITY PARTNERS LP | 7.1 % |
| BUCKEYE PARTNERS LP | 5.3 % |
| EQT MIDSTREAM PARTNERS LP | 3.9 % |
| TALLGRASS ENERGY GP LP CLASS A | 3.8 % |
| ENLINK MIDSTREAM LLC | 3.3 % |
Sector Breakdown
Country Exposure
| UNITED STATES | 100.4 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2019)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 17.2% | 15.8% | -4.0% | 5.0% | -3.6% | 0.0% | 2.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.13 | 47% |
| MSCI EAFE | 1.00 | 35% |
| MSCI Emg Mkts | 0.61 | 20% |
Liquidity Measures
| Avg. volume (000) | 15,831 |
| Turnover | 1.7% |
| Avg. Bid/Ask (% of price) | 0.10% |
| ADV of underlying (mns) | $721 |
Technical Indicators
| Recent close | $9.98 |
| 30d moving avg. | $10.01 |
| Annualized volatility | 17.7% |
| Relative strength (RSI) | 58 |
| Short interest (ETF) | 2.6% |
| Short interest (underlying) | 2.2% |
Distributions
Total Cost of Ownership Detail
| AMLP | Difference | ||
|---|---|---|---|
| Fund expenses | -- | -- | |
| Bid/Ask spread | -- | -- | |
| Round-trip commission | -- | -- | -- |
| Total Cost of Ownership | -- | -- | -- |
Total Cost of Ownership over Time
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Alternative ETFs
Content on this tab for Individual & Professional subscribers only
Results & Estimates
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019E | 2020E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only
Valuation Metrics
| 2018 | 2019E | 2020E | |
| Price-to-sales | --x | --x | --x |
| Price-to-earnings | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x |
| Price-to-growth | --x | --x | --x |
| Price-to-book value | --x | --x | --x |
| Yield | --% | --% | --% |
Peer Group Comparison
Historical Valuation Trends
Some content on this tab for Individual & Professional subscribers only
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
AMLP
4.0%
Cat. Avg
5.7%
Fund Category: US Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 4.0% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 666 funds in the US Equities category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.2%. AMLP's ALTAR Score™ is approximately
0.8 standard deviations
below
the category average. This places AMLP in the 21st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Breakdown
Composite
AMLP
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
News feed provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Where to Trade AMLP
