Alerian MLP ETF Declares First Quarter Distribution of $0.1950
15 February 2019 - 1:00AM
Business Wire
The Alerian MLP ETF (NYSE ARCA: AMLP) declared its first
quarter 2019 distribution of $0.1950 on Wednesday, February 13th.
The dividend is payable on February 21, 2019 to shareholders of
record on February 15, 2019. Based on current financial
information, the distribution is estimated to consist of 100%
return of capital.
AMLP Cash Distribution:
- Ex-Date: Thursday, February 14th
- Record Date: Friday, February 15th
- Payable Date: Thursday, February
21st
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 info@alerianmlp.com or by calling
1-877-398-8461.
Risks
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
investing.
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 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 value.
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 MLPs.
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 further assistance.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190214005126/en/
Jeremy Held*Director of ResearchALPS
Advisors303.623.2577jeremy.held@alpsinc.com*Registered
Representative of ALPS Distributors, Inc. and ALPS Portfolio
Solutions Distributor, Inc.
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