Unlike traditional MLP funds, MLPX avoids fund level taxes by limiting direct MLP exposure and investing in similar entities, such as the General Partners of MLPs and other energy infrastructure corporations.
MLPX invests in midstream infrastructure entities such as pipelines and storage facilities that have less sensitivity to energy prices.
MLPX invests in MLPs and other energy infrastructure companies, which may result in above-average yields while offering broader midstream sector exposure than comparable MLP-only funds.
Key Information |
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
VERSUS | BETA |
---|---|
S&P 500 | 0.89 |
NASDAQ-100 | 0.54 |
MSCI EAFE | 0.74 |
MSCI Emg. Mkts | 0.48 |
Standard Deviation | 19.40% |
Return on Equity | 15.80% | |
Weighted Avg. Market Cap | 44,804 M | |
2024 | 2025 | |
Price-to-earnings | 18.33 | 16.98 |
Price-to-book value | 2.75 | 2.63 |
NAV | $60.12 | Daily Change | $0.16 | 0.27% |
Market Price | $59.95 | Daily Change | $0.13 | 0.22% |
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
9.59 | WMB | WILLIAMS COS INC | 2967181 | 58.48 | 4,200,244 | 245,630,269.12 |
9.46 | ENB | ENBRIDGE INC | 2478906 | 45.61 | 5,314,468 | 242,392,885.48 |
8.39 | KMI | KINDER MORGAN INC | B3NQ4P8 | 26.60 | 8,076,500 | 214,834,900.00 |
8.06 | OKE | ONEOK INC | 2130109 | 84.66 | 2,438,453 | 206,439,430.98 |
7.56 | TRP | TC ENERGY CORP | BJMY6F9 | 48.91 | 3,959,625 | 193,665,258.75 |
7.39 | LNG | CHENIERE ENERGY INC | 2654364 | 228.09 | 829,916 | 189,295,540.44 |
4.87 | PBA | PEMBINA PIPELINE CORP | B4PPQG5 | 38.09 | 3,274,717 | 124,733,970.53 |
4.50 | DTM | DT MIDSTREAM INC | BN7L880 | 96.92 | 1,190,337 | 115,367,462.04 |
4.48 | MPLX | MPLX LP | B847R56 | 51.17 | 2,244,592 | 114,855,772.64 |
4.36 | EPD | ENTERPRISE PRODU | 2285388 | 30.70 | 3,636,598 | 111,643,558.60 |
As of recent month & quarter-end (Mar 31 2025) | Fund NAV | Market Price | Index |
---|---|---|---|
1 Year | 37.13% | 36.73% | 38.10% |
3 Years | 20.48% | 20.44% | 21.34% |
5 Years | 36.10% | 36.15% | 37.12% |
10 Years | 7.12% | 7.10% | 7.88% |
Since Inception | 8.41% | 8.44% | 9.14% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.