Fund Description
The ETRACS Alerian MLP Infrastructure Index is designed to track the performance of the Alerian MLP Infrastructure Index (the "Index") and pay a variable quarterly coupon linked to the cash distributions paid on the Master Limited Partnerships in the index, less investor fees. The Index, comprised of 25 energy infrastructure Master Limited Partnerships, is a liquid, midstream-focused subset of the Alerian MLP Index (NYSE: AMZ). The Index, whose constituents generally earn the majority of their cash flow from the transportation and storage of energy commodities, provides investors with a benchmark for the infrastructure component of this emerging asset class. The Index is calculated using a capped, float-adjusted, capitalization-weighted methodology that results in greater diversification versus a pure market capitalization-weighted index.
Fund Profile
Fund Name ETRACS Alerian MLP Infrastructure Index ETN
Fund Exchange Ticker MLPI
Fund Sponsor UBS
Fund ISIN US9026416464
Net Expense Ratio 0.85 %
Fund Inception Date 31 March 2010
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name Alerian MLP Infrastructure Index
Index Provider Alerian
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 1234.85 Million (USD)
1 Month Total Return -2.17 %
Year To Date Return 11.73 %
1 Year Total Return -6.08 %
3 Year Annualized Total Return -4.37 %
NAV 22.13
Share Outstanding 55,800,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting