YMLP

VanEck Vectors High Income MLP ETF
N/A

N/A
*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 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YMLP -6.01% -11.81% -12.56% -10.71% 1.29% -18.86% --
YMLP (NAV) -8.16% -12.74% -13.26% -10.82% 0.79% -18.91% --
Solactive High Income MLP Index -6.36% -12.51% -14.26% -11.96% -0.12% -19.48% --
Alerian MLP -0.54% -10.97% -3.47% -2.66% 6.76% -4.44% 10.45%
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%
$43.25M
$171.62K
0.47%

YMLP Portfolio Data

$1.38B
18.38
1.26
10.40%
11/09/18
18

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%
--
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 12/14/18
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

8,564
$171.62K
6,427
$129.94K
0.47%
$0.10
-0.15%
0.82% / -0.78%
None
100.00%
50,000
0.13
0.05%
2.83%
12
$18.73
2

YMLP Sector/Industry Breakdown


YMLP
Segment Benchmark
38.34%
13.52%
30.69%
81.34%
12.55%
1.05%
7.43%
0.48%
5.94%
--
5.06%
--

YMLP TOP 10 HOLDINGS[View All]

14.29%
6.64%
6.42%
6.34%
6.17%
6.14%
6.12%
5.77%
5.41%
5.18%
68.48%

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
0.59
0.59
0.59
0.72%
Alerian MLP

YMLP BENCHMARK COMPARISON HOLDINGS

18
40
10
9.18%

YMLP BENCHMARK COMPARISON SUMMARY


YMLP
Segment Benchmark
18
40
$1.38B
$17.72B
18.38
19.65
1.26
2.28
10.45%
8.22%
High
High

YMLP BENCHMARK COMPARISON MARKET CAP SIZE


YMLP
Segment Benchmark
0.00%
48.61%
5.16%
35.97%
85.49%
15.41%
9.34%
0.00%