Hess Midstream Partners

Alerian MLP ETF

AMLP tracks a market-cap-weighted index of publicly-traded energy infrastructure MLPs in the US.

The largest MLP ETF available to investors saw a jump in investor attention last month as energy prices and sentiment continued to improve. The Alerian MLP ETF (AMLP) accreted $132 million in net flows in August, marking the second consecutive month of positive flows.

Flows Into MLP ETF ‘AMLP' Surged as Energy Commodities Advanced

UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

Summary After years of hefty spending to facilitate tremendous US energy production growth, midstream companies are reaping cash flows from past projects and spending a lot less, leading to excess cash.

Midstream Sees Strong Free Cash Flow Generation in 2023

Alerian Energy Infrastructure ETF

Advisors are using energy infrastructure ETFs in several different ways in client portfolios.  While energy infrastructure is a space that's been best-known for its generous income, it offers other portfolio benefits as well due to the unique characteristics of the asset class.

How to Use Energy Infrastructure ETFs in Portfolios

Antero Midstream Partners

Enterprise Products Partners

Energy Transfer LP Unit

MPLX

Plains All American Pipeline

Sunoco

Both Brent and West Texas Intermediate crude traded sideways to down for months before the summer move higher.

7 ‘Strong Buy' Energy MLPs With Huge Dividends to Grab Now Before Oil Explodes Higher

Alerian MLP ETF has outperformed the S&P 500 in the last three years and is near multi-year total return highs. AMLP offers exposure to energy infrastructure MLPs, which generate cash flow from midstream activities. The ETF has a concentrated portfolio, with the top 10 positions making up over 90% of the fund.

AMLP: Shares Weathering The Summer Well, ETF Still A Bargain

Summary Utilities and midstream can provide similar portfolio benefits and may be found together in the income or real asset sleeves of portfolios. A long-term correlation between utilities and midstream/MLPs is relatively low at around 0.3, highlighting important differences between these investments.

Midstream/MLPs vs. Utilities: Key Investment Differences

Arbor Realty Trust

Clearway Energy

WisdomTree US Quality Dividend Growth Fund

Global X SuperDividend US ETF

Intel

NextEra Energy

Schwab US Dividend Equity ETF

Invesco S&P 500 High Dividend Low Volatility ETF

SPDR S&P 500 ETF Trust

Vici Properties

Vanguard Dividend Appreciation ETF

The conundrum for dividend investors is whether to invest in high-yield stocks or low-yielding stocks with fast dividend growth. Higher yields benefit accumulators by reinvesting dividends into more shares, but dividend growth typically generates higher total returns. For withdrawers, high yield has some obvious benefits but also some potential pitfalls, while some argue dividend growth is the best way to go even for retirees.

High Yield Or Fast Dividend Growth? Have Your Cake And Eat It Too

Apple

Alphabet

Medical Properties Trust

Microsoft

Realty Income Corp

iShares Mortgage Real Estate ETF

Schwab U.S. Large-Cap Growth ETF

Vanguard Real Estate ETF

A myopic focus on dividends may be costing investors 2%-4% in returns per year. Dividend Aristocrats and high-yielding companies have trailed the market-cap weighted S&P 500 in the past 10 years. Understanding the cash-based sources of intrinsic value and focusing on total return rather than just dividends can lead to better investment outcomes.

You Trailed The Market Betting On REITs, Now What?

Martin Midstream Partners

Summary Nine constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.1 billion on equity repurchases in 2Q23. Corporations were more active with buybacks this quarter than MLPs, with some companies prioritizing other uses of capital over equity repurchases.

Midstream Buybacks Picked Up in 2Q23

Pacer US Cash Cows 100 ETF

WisdomTree U.S. Earnings 500 Fund

iShares S&P 500 Growth ETF

American Century U.S. Quality Growth ETF

Invesco QQQ

iShares MSCI USA Quality Factor ETF

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

VanEck Vectors Retail ETF

Invesco S&P 500 Quality ETF

Vanguard Consumer Discretionary ETF

Vanguard Consumer Staples ETF

VictoryShares Free Cash Flow ETF

Vanguard Telecommunication Services ETF

Communication Services Select Sector SPDR Fund

Consumer Staples Select Sector SPDR Fund

Utilities Select Sector SPDR Fund

Consumer Discretionary Select Sector SPDR Fund

Hi VettaFi Voices, we are heading toward the last week of the Q2 earnings season. Now seems like a good time to assess how things have gone so far and what we can expect from next week.

VettaFi Voices On: The Coming End of Earnings Season

Investors may be pleasantly surprised to learn of midstream companies' compelling free cash flow yield relative to other income-generating investments. A recent poll from VettaFi showed most advisors underestimate midstream companies' free cash flow.

Advisors Surprised by Midstream Free Cash Flow Yields

SS&C Technologies Hlds

DENVER , Aug. 10, 2023 /PRNewswire/ -- The Alerian MLP ETF (NYSE Arca: AMLP) declared its third quarter 2023 distribution of $0.83 on Wednesday, August 9, 2023. The dividend is payable on August 15, 2023 to shareholders of record on August 11, 2023.

ALERIAN MLP ETF DECLARES THIRD QUARTER DISTRIBUTION OF $0.83

J.P. Morgan Alerian MLP Index ETN

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index

Summary Dividend trends for energy infrastructure corporations and MLPs remain strong, adding important context to the generous yields this space provides.  On a year-over-year basis, 94% of the broad Alerian Midstream Energy Index (AMNA) by weighting has grown their dividends.

Midstream 2Q23 Dividend Recap: MLPs Drive Growth

Dominion Energy

Occidental Petroleum

Plains GP Hlds

TC Energy

Williams

Pipelines fit Warren Buffett's investing philosophy quite well. As a result, it should not be surprising that he is pouring billions of dollars into the sector. We share our top pipeline picks.

Warren Buffett 'Likes Pipelines' - Our Top Picks

Energy Select Sector SPDR Fund

After already allocating billions of dollars to energy investments, Warren Buffett's Berkshire Hathaway has poured billions more dollars into the sector in recent weeks. We discuss why Warren Buffett loves energy investments so much. We also discuss our top picks in the sector.

Why Warren Buffett Is Doubling Down On Energy: Our Top Picks

A handful of midstream names have already announced increases to their dividends — something for investors to look forward to. Midstream earnings are just barely underway, but four constituents in the Alerian MLP Infrastructure Index (AMZI) have announced quarter-over-quarter growth to their dividends for the second quarter.

Midstream Names Grow Q2 Dividends With Earnings Underway

iShares Core U.S. Aggregate Bond ETF

Vanguard Total Bond Market ETF

Simplify Stable Income ETF

Doubleline Opportunistic Bond ETF

iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF

Innovator Premium Income 10 Barrier Etf-July

Pimco Senior Loan Active Exchange-Traded Fund

PIMCO Multi Sector Bond Active ETF

Vanguard Short-Term Corporate Bond ETF

With the Fixed Income Symposium taking place on Monday, July 24, the VettaFi Voices gathered at the water cooler to discuss the current state of fixed income markets.

VettaFi Voices On: The State of Fixed Income

SPDR S&P Dividend ETF

Dividend payments reduce the intrinsic value of a company and its stock price, as they decrease the net cash on a company's balance sheet. High yield dividend investing can erode capital over time, and dividend growth investing has underperformed in the past decade. Investors should understand that dividends are not incremental to returns and are not independent of the stock price.

A Focus On Dividends May Be Hurting Many Retirement Accounts

VettaFi's vice chairman Tom Lydon discussed the ALPS Alerian MLP ETF (AMLP) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and strategy, visit the Energy Infrastructure Channel.

ETF of the Week: ALPS Alerian MLP ETF (AMLP)

Many advisors underestimate the number of MLPs/midstream companies steadily growing their dividends. Income is a primary reason why many advisors use MLPs and energy infrastructure companies in portfolios.

Survey Shows Advisors Underestimate Growing Midstream Dividends

Many liquids pipelines adjust their fees each July 1 based on the Federal Energy Regulatory Commission's (FERC) oil pipeline index, which is based on the Producer Price Index for Finished Goods. The elevated inflation seen in 2022 resulted in a fee multiplier of 1.13 (13.

2022's Inflation has Silver Lining for Midstream/MLPs

The Alerian MLP ETF offers a convenient way to gain MLP exposure without the hassle of a K-1. Top holdings include MPLX, Enterprise Products Partners, Energy Transfer, Western Midstream, and Magellan Midstream, all of which the author views as top-quality names. The ETF is rated a "Hold" due to potential tax impact from the ONEOK-Magellan Midstream deal but will return to a 'Buy' once the deal closes or is rejected.

AMLP: Wait Until Magellan-ONEOK Deal Resolution Before Buying

Alerian MLP is an ETF that tracks midstream MLPs and offers a high, consistent yield of about 7.9%. AMLP is very similar to another MLP ETF, MLPA, but charges twice as much for management. Due to the higher management fees and lack of unique offerings, I rate AMLP a Sell.

AMLP: Everyone Who Owns This Energy ETF Needs To Consider An Alternative

Western Gas Partners

Warren Buffett's Berkshire Hathaway has been increasing its stake in Occidental Petroleum, signaling a bullish outlook on the energy sector. The energy sector enjoys several strong and sustainable tailwinds right now. We share some of our top high yield energy picks.

Warren Buffett Is Buying Energy Hand-Over-Fist: Our Top Picks

IQ Candriam ESG International Equity ETF

IQ Candriam ESG US Equity ETF

VanEck Vectors Oil Services ETF

On this episode of ETF Prime, VettaFi's Stacey Morris offered a quarterly update on the energy sector and energy ETFs with host Nate Geraci. Candriam's Alexandra Russo later joined Geraci to discuss ESG investing mishaps and opportunities.

News for Alerian MLP ETF ETF (AMLP)