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 07/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YMLP 4.72% 1.80% 23.33% 1.77% 2.13% -18.22% --
YMLP (NAV) 3.61% 1.62% 23.29% 1.39% 2.19% -18.25% --
Solactive High Income MLP Index 3.84% 1.31% 22.76% -0.09% 1.21% -19.87% --
Alerian MLP -- -- -- -- -- -- --
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%
$40.88M
$91.08K
0.44%

YMLP Portfolio Data

$1.54B
14.68
1.40
8.24%
08/12/19
17

YMLP Index Data

Tiered
Proprietary
Alerian MLP

YMLP Portfolio Management

0.84%
1.33%
2.16%
1.09%

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 07/16/19
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

4,617
$91.08K
4,087
$79.32K
0.44%
$0.09
-0.11%
0.54% / -0.70%
None
100.00%
50,000
0.08
0.05%
2.44%
1
$20.17
1

YMLP Sector/Industry Breakdown


YMLP
Segment Benchmark
45.74%
--
34.37%
--
9.65%
--
4.08%
--
3.09%
--
3.08%
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YMLP TOP 10 HOLDINGS[View All]

10.05%
9.28%
9.26%
9.03%
8.77%
8.54%
7.95%
7.60%
7.09%
4.36%
81.93%

YMLP Countries


YMLP
Segment Benchmark
100.00%
--

YMLP Regions


YMLP
Segment Benchmark
100.00%
--

YMLP Economic Development


YMLP
Segment Benchmark
100.00%
--

YMLP Performance Statistics

--
--
--
--
0.00%
Alerian MLP

YMLP BENCHMARK COMPARISON HOLDINGS

17
--
--
0.00%

YMLP BENCHMARK COMPARISON SUMMARY


YMLP
Segment Benchmark
17
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$1.54B
--
14.68
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1.40
--
10.62%
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High
High

YMLP BENCHMARK COMPARISON MARKET CAP SIZE


YMLP
Segment Benchmark
0.00%
--
9.76%
--
80.75%
--
9.49%
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