Alerian MLP ETF Declares Second Quarter Distribution of $0.195
DENVER–(BUSINESS WIRE)–The Alerian MLP ETF (NYSE Arca: AMLP) declared its second quarter 2019
distribution of $0.195 on Wednesday, May 8th. The dividend is payable on
May 16, 2019 to shareholders of record on May 10, 2019. Based on current
financial information, the distribution is estimated to consist of 100%
return of capital.
AMLP Cash Distribution:
- Ex-Date: Thursday, May 9th
- Record Date: Friday, May 10th
- Payable Date: Thursday, May 16th
ALPS Portfolio Solutions Distributor, Inc. is also the distributor for
the Alerian Energy Infrastructure ETF and the ALPS|Alerian Energy
Infrastructure Portfolio. Please direct any inquiries to firstname.lastname@example.org
or by calling 1-877-398-8461.
Investors should carefully consider the investment objectives,
risk, charges and expenses of any exchange-traded fund (“ETF”) prior to
investing. For a prospectus containing this and other information,
please visit www.alerianmlp.com
or call 1-877-398-8461. Please read the prospectus carefully before
There are RISKS involved with investing in ETFs including the loss
of money. Additional information regarding the RISKS of this investment
is available in the disclosure.
The Alerian MLP ETF Shares are not individually redeemable.
Investors buy and sell shares of the Alerian MLP ETF on a secondary
market. Only market makers or “authorized participants” may trade
directly with the Fund, typically in blocks of 50,000 shares.
The Fund is taxed as a regular corporation for federal income tax
purposes. This differs from most investment companies, which are treated
as “regulated investment companies” under the Code and do not pay entity
level income taxes.
If, due to tax law changes, a Master Limited Partnership (“MLP”) in the
portfolio is deemed a corporation rather than a partnership for federal
income purposes, then income would be subject to federal taxation at the
MLP level. This would reduce the amount of cash available for
distribution to the fund which could result in a reduction of the Fund’s
Additionally, the Fund provides tax accounts such as IRA and 401(k)
plans with a new option for participating in the energy infrastructure
MLP asset class without Unrelated Business Taxable Income concerns.
Investors will not receive K-1s as they would if investing directly in
All K-1s are received and processed by the Alerian MLP ETF. The Alerian
MLP ETF distributes a single Form 1099 to its shareholders.
This notice is provided to you for informational purposes only, and
should not be considered tax advice. Please consult your tax advisor for
The Fund’s concentration in securities of MLPs involves risks that
differ from investments in common stock, including risks related to: (1)
limited control and rights to vote on matters affecting the MLP; (2)
potential conflicts of interest between the MLP and its general partner;
(3) cash flow; (4) dilution; and (5) the general partner’s limited call
right. Actual results, performance or events may also be affected by,
without limitation, (1) general economic conditions, (2) performance of
financial markets, (3) interest rate levels, (4) changes in laws and
regulations and (5) changes in the policies of governments and/or
regulatory authorities. An investor’s shares, when sold, may be worth
more or less than their original cost. MLPs may have additional
expenses, as some MLPs pay incentive distribution fees to their general
partners. Infrastructure companies are subject to risks specific to the
industry they serve including, but not limited to commodity price
fluctuations; reduced volumes of energy commodities available for
transporting, processing, storing or distributing; changes in the
economy or regulatory environment; and extreme weather. The Fund invests
primarily in energy infrastructure companies which may be adversely
affected by changes in worldwide energy prices, exploration, production
spending, government regulation, changes in exchange rates and depletion
of natural resources.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the
Alerian MLP ETF.
Director of Research
*Registered Representative of ALPS Distributors, Inc. and ALPS Portfolio
Solutions Distributor, Inc.