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 05/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YMLP 1.71% 3.44% 21.87% -2.03% 4.37% -17.99% --
YMLP (NAV) 1.64% 3.45% 22.04% -2.30% 4.31% -17.97% --
Solactive High Income MLP Index 1.08% 3.06% 21.22% -3.86% 3.30% -19.41% --
Alerian MLP 3.50% 4.00% 19.49% 2.76% 1.71% -5.53% 8.78%
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
0.84%
$41.13M
$91.94K
0.40%

YMLP Portfolio Data

$1.54B
18.04
1.46
8.36%
08/12/19
17

YMLP Index Data

Tiered
Proprietary
Alerian MLP

YMLP Portfolio Management

0.84%
1.28%
1.61%
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
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 05/22/19
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

4,569
$91.94K
3,807
$76.61K
0.40%
$0.08
-0.11%
0.82% / -0.70%
None
100.00%
50,000
0.08
0.05%
2.30%
1
$19.96
2

YMLP Sector/Industry Breakdown


YMLP
Segment Benchmark
43.68%
6.39%
34.87%
81.93%
10.66%
--
4.65%
--
3.17%
0.17%
2.97%
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YMLP TOP 10 HOLDINGS[View All]

9.67%
8.92%
8.78%
8.35%
8.07%
7.76%
7.64%
7.28%
7.21%
4.75%
78.43%

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

0.67
0.61
0.62
0.79
0.75%
Alerian MLP

YMLP BENCHMARK COMPARISON HOLDINGS

17
35
1
1.52%

YMLP BENCHMARK COMPARISON SUMMARY


YMLP
Segment Benchmark
17
35
$1.54B
$19.14B
18.04
17.72
1.46
2.12
10.27%
7.70%
High
High

YMLP BENCHMARK COMPARISON MARKET CAP SIZE


YMLP
Segment Benchmark
0.00%
56.50%
8.58%
33.80%
83.93%
8.26%
7.50%
1.44%