Key stats
About Barclays ETN+ Select MLP ETN
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Inception date
Mar 13, 2013
Structure
Exchange-Traded Note
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%
Distributor
Barclays Capital, Inc.
ISIN
US06742C7231
ATMP is an ETN tracking a dynamic index of US and Canadian MLPs. The fund offers a concentrated basket that can include as few as 20 firms or as many as 100. ATMP takes an alternative approach to selection, as it includes both general partnerships shares and traditional limited partnerships shares. Only companies traded on major US stock exchanges can be included in the portfolio and MLPs are also screened based on factors like long-term credit ratings and cash flows generated from midstream oil & gas activities. Additionally, the index is modified market-cap-weighted and caps limited partnerships weights at 8% and general partnerships shares at 4%. The index is reconstituted and rebalanced quarterly.
Related funds
Classification
Displays a symbol's price movements over previous years to identify recurring trends.
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.
ATMP assets under management is 506.90 M 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.
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.
ATMP expense ratio is 0.95%. 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, ATMP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ATMP pays dividends to its holders with the dividend yield of 4.93%.
ATMP shares are issued by Barclays PLC
ATMP follows the CIBC Atlas Select MLP VWAP. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 13, 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.