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 02/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YMLP 6.51% 4.52% 17.98% -6.20% 14.55% -18.22% --
YMLP (NAV) 6.32% 4.45% 17.98% -6.30% 14.64% -18.19% --
Solactive High Income MLP Index 5.83% 3.97% 17.63% -7.73% 13.92% -19.20% --
Alerian MLP 3.38% 6.86% 16.14% 1.91% 10.18% -4.62% 10.42%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

YMLP Top 10 Countries

YMLP Top 10 Sectors

YMLP Top 10 Holdings [View All]

YMLP Summary Data

VanEck
03/13/12
C-Corporation
0.82%
$42.06M
$222.31K
0.50%

YMLP Portfolio Data

$1.20B
12.49
1.02
8.26%
05/13/19
19

YMLP Index Data

Tiered
Proprietary
Alerian MLP

YMLP Portfolio Management

0.82%
1.21%
1.59%
0.49%

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
Bats 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 02/21/19
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 2 out of 5.

YMLP Tradability

12,240
$222.31K
8,347
$156.83K
0.50%
$0.09
-0.15%
0.82% / -0.78%
None
100.00%
50,000
0.17
0.05%
2.11%
0
$19.76
2

YMLP Sector/Industry Breakdown


YMLP
Segment Benchmark
39.49%
11.39%
29.04%
81.54%
13.59%
--
6.93%
--
6.19%
--
4.76%
0.35%

YMLP TOP 10 HOLDINGS[View All]

13.13%
7.03%
6.60%
6.53%
6.36%
6.13%
5.93%
5.69%
5.66%
5.26%
68.32%

YMLP Countries


YMLP
Segment Benchmark
100.00%
100.00%

YMLP Regions


YMLP
Segment Benchmark
100.00%
100.00%

YMLP Economic Development


YMLP
Segment Benchmark
100.00%
100.00%

YMLP Performance Statistics

0.69
0.61
0.62
0.67
0.78%
Alerian MLP

YMLP BENCHMARK COMPARISON HOLDINGS

19
43
1
1.13%

YMLP BENCHMARK COMPARISON SUMMARY


YMLP
Segment Benchmark
19
43
$1.20B
$15.95B
12.49
19.06
1.02
2.11
12.33%
8.80%
High
High

YMLP BENCHMARK COMPARISON MARKET CAP SIZE


YMLP
Segment Benchmark
0.00%
47.60%
0.00%
36.64%
67.73%
14.49%
32.27%
1.27%