DENVER, February 11, 2021 / PRNewswire / – Alerian MLP ETF (NYSE Arca: AMLP) announced its dividend for the first quarter of 2021 $ 0.68 on Thursday February 11, 2021. The dividend is payable on February 18, 2021 to the registered shareholders on February 12, 2021. Based on current financial information, the distribution is estimated at 100% return on investment.
AMLP cash distributions:
- Ex date: Thursday February 11, 2021
- Recording date: Friday February 12, 2021
- Date of payment: Thursday February 18, 2021
ALPS Portfolio Solutions Distributor, Inc. is also a distributor for the Alerian Energy Infrastructure ETF and the ALPS | Alerian Energy Infrastructure Portfolio. Please send inquiries to [email protected] or by phone at 1-877-398-8461.
Investors should carefully consider the investment objectives, risks, fees and costs of an exchange traded fund (ETF) before investing. A prospectus containing this and other information is available at www.alerianmlp.com or by calling 1-877-398-8461. Please read the prospectus carefully before investing.
There are RISKS associated with investing in ETFs, including losing money. Additional information on the RISKS of this investment is included in the disclosure.
The Alerian MLP ETF shares cannot be redeemed individually. Investors buy and sell shares in the Alerian MLP ETF on a secondary market. Only Market Makers or “Authorized Participants” are permitted to deal directly in the Fund, typically in blocks of 25,000 Shares.
The fund is taxed as a regular corporation for federal income tax purposes. This is different from most investment companies, which are treated as “regulated investment companies” under the Code and do not pay corporate income taxes.
If, due to changes in tax law, a Master Limited Partnership (“MLP”) is viewed in the portfolio as a corporation rather than a partnership for purposes of federal income, the income at MLP level is subject to federal taxation. This would reduce the amount of cash available for distribution to the Fund, which could depreciate the value of the Fund.
In addition, the fund offers tax accounts such as IRA and 401 (k) plans a new option for participating in the MLP asset class for energy infrastructure without concerns about non-company taxable income. Investors do not get a K-1 as they would if they invested directly in MLPs.
All K-1 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 for informational purposes only and should not be regarded as tax advice. Please contact your tax advisor for further assistance.
The Fund’s focus on MLP securities involves risks that differ from investments in common stocks, including risks relating to: (1) limited control and voting rights in 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 right of termination. Actual results, performance, or events may also be affected by (1) general economic conditions, (2) financial market performance, (3) interest rates, (4) changes in laws and regulations, and (5) changes in government and policy / or regulators. When an investor’s shares are sold, they may be worth more or less than their original cost. MLPs can incur additional costs as some MLPs pay incentive distribution fees to their general partners. Infrastructure companies are exposed to industry-specific risks including, but not limited to, fluctuations in commodity prices. lower amounts of energy resources that are available for transport, processing, storage or distribution; Changes in the economy or in the regulatory environment; and extreme weather. The Fund invests primarily in energy infrastructure companies that can be affected by changes in global energy prices, exploration and production spending, government regulations, changes in exchange rates and depletion of natural resources.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Alerian MLP ETF. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are affiliated.
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