YMLP

VanEck Vectors High Income MLP ETF
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*Unless otherwise stated, data provided by FactSet.

YMLP Fund Description

YMLP tracks an index of MLPs weighted in tiers based on their yield. The fund is structured as a C-corporation.

YMLP Factset Analytics Insight

YMLP is one of a handful of MLP products structured as a C-corporation as opposed to a traditional ETF or an ETN. Since distributions are taxed at the corporate level before being passed on to investors, YMLP is underexposed to its index by a factor of its corporate tax rate (35%). Despite the tax hit at the fund level, investors use this structure to access tax-deferred distributions. By design, YMLP's yield-focused tiered weighting scheme boosts yield well above our benchmark, but also gives the fund a drastic small-cap tilt, with attendant risk. Still, it's a unique take on the segment.Note: The ETF launched under the Yorkville brand from a white-label issuer; Van Eck’s Market Vectors acquired the fund in Feb. 2016, but the Solactive index remains the same.

YMLP CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/14/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YMLP -9.19% -7.61% 11.99% -14.06% -2.45% -19.96% --
YMLP (NAV) -9.31% -7.50% 12.24% -14.14% -2.37% -19.90% --
Solactive High Income MLP Index -9.98% -7.99% 10.94% -15.67% -3.57% -21.70% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

YMLP Summary Data

VanEck
03/13/12
C-Corporation
0.84%
$36.09M
$95.19K
0.43%

YMLP Portfolio Data

$1.61B
15.15
1.45
9.78%
08/12/19
17

YMLP Index Data

Tiered
Proprietary
N/A

YMLP Portfolio Management

0.84%
1.39%
2.16%
-47.45%

YMLP Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

YMLP Fund Structure

C-Corporation
No
No
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

YMLP Factset Analytics Block Liquidity

As of 08/16/19
5
4
3
2
1

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

YMLP Tradability

4,899
$95.19K
3,998
$79.32K
0.43%
$0.08
-0.10%
0.54% / -0.79%
None
100.00%
50,000
0.08
0.05%
2.44%
0
$17.87
1

YMLP Sector/Industry Breakdown


YMLP
Segment Benchmark
47.63%
--
36.07%
--
9.64%
--
3.41%
--
3.24%
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YMLP TOP 10 HOLDINGS[View All]

9.95%
9.34%
9.04%
8.76%
8.67%
8.19%
7.34%
6.77%
6.51%
4.38%
78.95%

YMLP Countries


YMLP
Segment Benchmark
100.00%
--

YMLP Regions


YMLP
Segment Benchmark
100.00%
--

YMLP Economic Development


YMLP
Segment Benchmark
100.00%
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YMLP Performance Statistics

--
--
--
--
0.00%
N/A

YMLP BENCHMARK COMPARISON HOLDINGS

17
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0.00%

YMLP BENCHMARK COMPARISON SUMMARY


YMLP
Segment Benchmark
17
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$1.61B
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15.15
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1.45
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10.31%
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High
High

YMLP BENCHMARK COMPARISON MARKET CAP SIZE


YMLP
Segment Benchmark
0.00%
--
10.29%
--
84.34%
--
5.37%
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