AMLP

The Alerian MLP ETF (AMLP) provides targeted exposure to U.S. energy‑infrastructure master limited partnerships, primarily those that earn cash flow from the transportation, storage and processing of oil and natural gas. The fund follows a passive, full‑replication strategy that seeks to mirror the Alerian MLP Infrastructure Index, a market‑cap‑weighted, float‑adjusted composite of mid‑stream MLPs, and therefore holds a concentrated set of holdings concentrated in the energy sector. Because the ETF distributes the income generated by its MLP holdings as a regular 1099‑reported dividend, it is most suitable for income‑focused investors who are comfortable with sector concentration, the cyclical nature of energy markets, and the tax characteristics of a C‑corporation structure.