Alerian MLP ETF Delivers 7.79% Yield and 15% One-Year Return, Outpacing Shell

Yahoo Finance··Read original
2▲3 ▼1Impact / 5
Summary · why it matters

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%.

Impact on assets 4

Energy▲ · 3 stocks
Plains All American Pipeline LP
PAA
▲ PositiveDemandrelevance

Plains All-American Pipeline is a top holding in the AMLP ETF, which benefits from stable fee-based revenues and strong performance.

Sunoco LP
SUN
▲ PositiveDemandrelevance

Sunoco is a top holding in the AMLP ETF, which benefits from stable fee-based revenues and strong performance.

Western Midstream Partners LP
WES
▲ PositiveDemandrelevance

Western Midstream Partners is a top holding in the AMLP ETF, which benefits from stable fee-based revenues and strong performance.

Energy Transition & Power Demand▼ · 1 stocks
Shell plc
SHEL
▼ NegativeCapitalrelevance

Shell's dividend yield is compared unfavorably to the AMLP ETF's higher yield, but Shell is not the focus of the article.