Alerian MLP Fails Its Investors Again
August 13, 2023 at 15:59 PM EDT
Last week, the Alerian MLP ETF (AMLP) announced a reduced quarterly distribution. Since its 2010 launch through the end of June, AMLP has returned 2.61% versus its benchmark of 5.02%, a big underperformance for a passive ETF. Taxes are a reason why.
