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AMUB - Midstream Movember: Updated Returns Through Month End
ETRACS Alerian MLP Index ETN Series B due July 18 2042
Midstream and MLPs had a different kind of Movember, riding surging momentum in value stocks and energy stocks to a big rally throughout most of November.
MLPs have now put up consecutive positive months for the first time since the initial April and May recovery.
The broader AMNA index, which includes lower beta Canadian Midstream stocks, lagged the AMZ for a second straight month.