Global X MLP & Energy Infrastructure ETFGlobal X MLP & Energy Infrastructure ETFGlobal X MLP & Energy Infrastructure ETF

Global X MLP & Energy Infrastructure ETF

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Key stats


Assets under management (AUM)
‪2.60 B‬USD
Fund flows (1Y)
‪786.43 M‬USD
Dividend yield (indicated)
4.60%
Discount/Premium to NAV
0.02%
Shares outstanding
‪42.66 M‬
Expense ratio
0.45%

About Global X MLP & Energy Infrastructure ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Inception date
Aug 6, 2013
Structure
Open-Ended Fund
Index tracked
Stuttgart Solactive MLP & Energy Infrastructure
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
MLPX's seemingly vanilla structure comes with important trade-offs on how it plays the space. Unlike most existing MLP ETPs that are structured as C-corporations, MLPX is regulated as a classic 1940 Act fund. While this eliminates the downsides of the other structures, it also means the fund offers diluted exposure to MLPs. The fund intends to hold at least 20 US-listed midstream energy infrastructure MLPs and corporations. Since MLPX must be RIC compliant, it may only allocate 24% of its portfolio to MLPs at each quarterly rebalance, with the rest going to infrastructure firms which on the other hand are market-cap-weighted. Holdings are subjected to various capping constraints.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
MLPs
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Industrial Services
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to MLPX via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MLPX trades at 60.05 USD today, its price has fallen −0.84% in the past 24 hours. Track more dynamics on MLPX price chart.
MLPX net asset value is 59.94 today — it's risen 3.96% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MLPX assets under management is ‪2.60 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MLPX price has risen by 0.79% over the last month, and its yearly performance shows a 19.12% increase. See more dynamics on MLPX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.96% over the last month, showed a −3.35% decrease in three-month performance and has increased by 24.99% in a year.
MLPX fund flows account for ‪786.43 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MLPX invests in stocks. See more details in our Analysis section.
MLPX expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MLPX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MLPX technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MLPX shows the buy signal. See more of MLPX technicals for a more comprehensive analysis.
Yes, MLPX pays dividends to its holders with the dividend yield of 4.60%.
MLPX trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MLPX shares are issued by Mirae Asset Global Investments Co., Ltd.
MLPX follows the Stuttgart Solactive MLP & Energy Infrastructure. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 6, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.