What is MLPX?

MLPX tracks an index of MLPs and companies engaged in energy infrastructure. The ETF is structured as an open-ended fund.

PERFORMANCE [as of 03/17/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MLPX -7.68% -4.92% -6.11% -1.19% 39.27% 7.01% --
MLPX (NAV) -7.56% -4.90% -6.04% -1.16% 39.14% 6.97% --
Solactive MLP & Energy Infrastructure Index -7.52% -4.75% -5.94% -0.50% 40.19% 7.66% --
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MLPX Factset Analytics Insight

MLPX's seemingly vanilla structure comes with important trade-offs on how it plays the space. Unlike most existing MLP ETPs that are structured as C-corporations, MLPX is regulated as a classic 1940 Act fund. While this eliminates the downsides of the other structures, it also means the fund offers diluted exposure to MLPs. The fund intends to hold at least 20 US-listed midstream energy infrastructure MLPs and corporations. Since MLPX must be RIC compliant, it may only allocate 24% of its portfolio to MLPs at each quarterly rebalance, with the rest going to infrastructure firms which on the other hand are market-cap-weighted. Holdings are subjected to various capping constraints.

MLPX Summary Data

08/07/13
0.45%
$902.23M
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB
Open-Ended Fund

Peers

MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

Fund Flows

-$0.01B 5 Days
-$0.09B 30 Days
-$0.06B 90 Days

MLPX Portfolio Data

$32.57B
16.83
2.43
5.77%
N/A
28

MLPX Index Data

Market Cap
Market Cap
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

MLPX Portfolio Management

0.45%
-0.94%
-0.66%
-1.14%

MLPX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MLPX Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/20/23

This measurement shows how easy it is to trade a $1 million USD block of MLPX. MLPX is rated a 5 out of 5.

MLPX Tradability

157,239
$6.46M
106,548
$4.36M
0.08%
$0.03
0.00%
0.36% / -0.74%
None
100.00%
50,000
2.13
0.02%
0.12%
479
$37.79
5

MLPX Sector/Industry Breakdown

MLPX Segment
Benchmark
76.18% --
18.76% --
5.09% --
-0.04% --

MLPX Top 10 Holdings

8.93%
8.92%
6.15%
4.73%
4.61%
4.53%
66.68%

MLPX Performance Statistics

--
--
--
--
--
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

MLPX Countries

MLPX Segment
Benchmark
77.91% --
22.09% --

MLPX Regions

MLPX Segment
Benchmark
100.00% --

MLPX Economic Development

MLPX Segment
Benchmark
100.00% --
0.00% --

MLPX Benchmark Comparison Holdings

28
--
--
--

MLPX Benchmark Comparison Summary

MLPX Segment
Benchmark
28 --
$32.57B --
16.83 --
2.43 --
5.48% --
High --

MLPX Benchmark Comparison Market Cap Size

MLPX Segment
Benchmark
72.65% --
25.72% --
1.63% --
0.00% --