ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (Ticker: MLPR) offers investors a unique opportunity to amplify their exposure to the dynamic and lucrative energy sector, specifically targeting the niche of Master Limited Partnerships (MLPs). This Exchange-Traded Note (ETN) is designed to provide 1.5 times leveraged exposure to the Alerian MLP Index, a benchmark that captures the performance of prominent energy infrastructure companies within the MLP space. Positioned as a sector-focused instrument, MLPR is particularly appealing to investors seeking enhanced returns from the essential services of transporting, storing, and processing oil and natural gas.
The leverage aspect of MLPR allows investors to potentially magnify their gains during favorable market conditions; however, it also introduces a higher level of risk, making it suitable for those with a higher risk tolerance and a keen understanding of leveraged products. As a quarterly pay ETN, it offers the added benefit of regular income distributions, which can be an attractive feature for income-focused investors. By investing in MLPR, you gain access to the high-yield potential of MLPs, a sector renowned for its robust cash flows and strategic importance in the energy supply chain, all while leveraging the growth dynamics of this pivotal industry.
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) Fund Flow Chart
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) 1 year Net Flows: -40M
MLPR ETF FAQ
What was MLPR’s price range in the past 12 months?
MLPR lowest ETF price was 51.69 and its highest was 73.37 in the past 12 months.
What is the AUM of MLPR?
As of Feb 20, 2025 The AUM of MLPR is 20.62M.
Is MLPR overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does MLPR pay dividends?
MLPR pays a Quarterly dividend of 1.497 which represents an annual dividend yield of 8.47%. See more information on MLPR dividends here
How many shares outstanding does MLPR have?
MLPR has 300,000 shares outstanding.
Which hedge fund is a major shareholder of MLPR?
Currently, no hedge funds are holding shares in MLPR