AMLP - AMLP: Attractive Midstream Exposure At 7.8% Yield
2024-01-30 21:16:36 ET
Summary
- The Alerian MLP ETF focuses on midstream master limited partnerships in the petroleum and natural gas sectors.
- The ETF offers a yield of approximately 7.8% and has the potential for price appreciation due to growing earnings and a favorable interest rate backdrop.
- In this article, I provide details on AMLP's portfolio and substantiate my thesis on why I consider this ETF an attractive buy.
The Alerian MLP ETF ( AMLP ) is a relatively mid-sized, market cap-weighted ETF with a total AuM of ~ $7.8 billion. The overarching focus is on master limited partnerships, which operate in the midstream space....
AMLP: Attractive Midstream Exposure At 7.8% Yield