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 sponsorALPS ETF Trust
CategoryUS Equities
Asset classEquity
Websitelink...
Inception dateAug 25, 2010
Assets (mns)$9,111
Expense ratio85 bp
CurrencyUSD
Constituent Breakdown
No. of constituents24
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
RegulationC Corporation
DistributionsQuarterly
Taxation1099
Stock selectionDistributions
WeightingMarket Cap
Smart-betaYes
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
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)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
17.2% 15.8% -4.0% 5.0% -3.6% 0.0% 2.4%
Market Correlations
versus...BetaR-squared
S&P 5001.1347%
MSCI EAFE1.0035%
MSCI Emg Mkts0.6120%
Liquidity Measures
Avg. volume (000)15,831
Turnover1.7%
Avg. Bid/Ask (% of price)0.10%
ADV of underlying (mns)$721
Technical Indicators
Recent close$9.98
30d moving avg.$10.01
Annualized volatility17.7%
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
Ticker Fund Name Overlap
vs. AMLP
Expenses
vs. AMLP
ALTAR Score™
vs. AMLP
AMZA InfraCap MLP 81.2% +155 bp -0.4%
MLPA Global X MLP 80.8% -39 bp +1.4%
YMLI Yorkville High Income MLP 64.5% -2 bp -1.9%
ZMLP Direxion Zacks MLP High Income 47.7% -20 bp -0.6%
MLPX Global X MLP & Energy Infrastructure 29.4% -40 bp -0.4%
ENFR Alerian Energy Infrastructure 29.2% -20 bp -0.3%
USAI American Energy Independence 25.4% -10 bp -1.7%
TPYP Tortoise North American Pipeline 21.1% -45 bp +0.1%
EMLP First Trust N. American Energy Infrastructure 19.9% +10 bp +1.3%
XLSY Cushing Energy Supply Chain & MLP 15.6% -20 bp +1.0%
XLTY Cushing Transportation & MLP 15.5% -20 bp +2.5%
XLUY Cushing Utility & MLP 15.5% -20 bp +0.7%
XLEY Cushing Energy & MLP 15.5% -20 bp -1.0%
FCG First Trust ISE-Revere Natural Gas 12.4% -25 bp -2.5%
TOLZ ProShares Global Infrastructure 12.3% -39 bp +1.0%
CVY Invesco Multi-Asset Income 7.0% +3 bp +4.8%
VRAI Virtus Real Asset Income ETF 6.7% -30 bp +3.9%
FVL First Trust Value Line 100 3.1% -15 bp +0.4%
DIV Global X SuperDividend US ETF 2.0% -40 bp +3.0%
CZA Invesco Mid-Cap Core 1.8% -17 bp +2.7%

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 --% --% --%

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
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
Commission
on AMLP1
# of Commission
-free ETFs2
 
$0.00 2,326
$0.00 2,102
$1.00 54
$4.95 500
$4.95 357
$4.95 114
$6.95 308
$6.95 291
Notes: 1. Commission of $0.00 indicates the fund is on the firm's recently published "Commission Free" list. Non-zero commissions represent each firm's standard commission rate based on our periodic review of firms' websites. Your commission may vary depending on account type and other factors. "Commission Free" ETF trades may be subject to additional requirements including minimum holding periods. 2. Not a complete list. Subject to change.
Portfolio composition files licensed from DTCC. Fundamental data for individual fund constituents sourced from FactSet Research Systems.