Plains All American Pipeline LPPlains All-American Pipeline is a top holding in the AMLP ETF, which benefits from stable fee-based revenues and strong performance.
The Alerian MLP ETF, trading under the ticker AMLP, is delivering a 7.79% yield and a 15.3% one-year return, nearly doubling Shell's 4.08% dividend yield. The ETF's $14.1 billion portfolio consists of 15 midstream Master Limited Partnerships that earn fixed fees per barrel for transporting and storing oil and gas, insulating revenues from commodity price swings. Top holdings include Plains All-American Pipeline, Western Midstream Partners, and Sunoco, each representing over 13% of assets. AMLP collects partnership revenues into a C-Corp structure, issuing 1099 forms to shareholders instead of K-1s for simpler tax filing. The fund has returned 13% year-to-date and 19.66% over three years, with an expense ratio of 1.01%.
Plains All American Pipeline LPPlains All-American Pipeline is a top holding in the AMLP ETF, which benefits from stable fee-based revenues and strong performance.
Sunoco LPSunoco is a top holding in the AMLP ETF, which benefits from stable fee-based revenues and strong performance.
Western Midstream Partners LPWestern Midstream Partners is a top holding in the AMLP ETF, which benefits from stable fee-based revenues and strong performance.
Shell plcShell's dividend yield is compared unfavorably to the AMLP ETF's higher yield, but Shell is not the focus of the article.