YMLP

VanEck Vectors High Income MLP ETF
*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 10/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YMLP -3.08% -6.07% 14.43% -6.55% -3.43% -18.41% --
YMLP (NAV) -3.09% -5.97% 14.70% -6.25% -3.46% -18.38% --
Solactive High Income MLP Index -3.33% -5.88% 14.32% -7.22% -4.46% -19.46% --
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%
$35.74M
$101.62K
0.66%

YMLP Portfolio Data

$1.43B
13.18
1.31
9.63%
11/12/19
16

YMLP Index Data

Tiered
Proprietary
N/A

YMLP Portfolio Management

0.84%
1.42%
2.16%
0.42%

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
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

YMLP Factset Analytics Block Liquidity

As of 10/22/19
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 1 out of 5.

YMLP Tradability

5,487
$101.62K
3,493
$64.41K
0.66%
$0.12
-0.11%
0.38% / -0.79%
None
100.00%
50,000
0.07
0.06%
2.66%
0
$18.26
1

YMLP Sector/Industry Breakdown


YMLP
Segment Benchmark
43.04%
--
39.45%
--
10.08%
--
3.88%
--
3.55%
--

YMLP Top 10 Holdings[View All]

11.21%
10.70%
10.63%
8.90%
8.89%
8.37%
8.22%
6.86%
4.61%
4.04%
82.43%

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%
N/A

YMLP Benchmark Comparison Holdings

16
--
--
0.00%

YMLP Benchmark Comparison Summary


YMLP
Segment Benchmark
16
--
$1.43B
--
13.18
--
1.31
--
10.95%
--
High
High

YMLP Benchmark Comparison Market Cap Size


YMLP
Segment Benchmark
0.00%
--
4.98%
--
89.14%
--
5.88%
--