AMJBAlerian MLP Index ETN

Get income2y track recordRanked #916 of 1,622 in this goal

Provides exposure to the Alerian MLP Index with variable quarterly coupons linked to MLP cash distributions, less an investor fee.

By JPMorgan · Launched 2024

Annual Cost

0.85%

#4,336 of 5,562 · expensive

Fund Size

$806M

#1,239 of 5,562 · large

Dividend YieldGoal

5.79%

Track Record

2 years

#3,420 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,862+18.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Energy

Focus

MLP

Index tracked

Alerian MLP Index

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.6%Moderate

Year-on-year price swings

Max drawdown

-17.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Provides exposure to the Alerian MLP Index with variable quarterly coupons linked to MLP cash distributions, less an investor fee.
Strategy: Provides exposure to the Alerian MLP Index — a capped, float-adjusted, capitalization-weighted basket of energy-oriented Master Limited Partnerships engaged in pipeline transportation, gathering and processing, storage, and marketing of energy commodities. Pays a variable quarterly coupon based on cash distributions of the Index components.
Inception date: January 26, 2024
Fund family: JPMorgan