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MLPB - Status Update: Midstream Green In September
ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2 2040
Given the end of the month and quarter fell on a Monday, I wanted to get a quick post out with updated month- and quarter-end numbers. I hope you'll understand if the upcoming weekly post is a bit shorter as a result.
After a rough end to the summer with back-to-back negative months, midstream bounced back in September with a 2.0% gain. Canadian midstream was strong, while MLPs lagged, a trend that's been persistent for about a year now.
For the full quarter that's now in the books, the midstream index finished down 1.9%, including