DENVER, August 12, 2021 / PRNewswire / – The Alerian MLP ETF (NYSE Arca: AMLP) has announced its dividend for the third quarter of 2021 $ 0.68 on Wednesday 11th August 2021. The dividend is payable on August 19, 2021 to registered shareholders on August 13, 2021. Based on the latest financial information, the dividend is estimated at 100% of the return on investment.
- Ex date: Thursday, August 12, 2021
- Recording date: Friday 13th August 2021
- Due Date: Thursday, August 19, 2021
ALPS Portfolio Solutions Distributor, Inc. is also the 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. Further information on the RISKS of this system can be found in the disclosure.
The Alerian MLP ETF-Shares are not individually redeemable. 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 an ordinary 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 corporate income taxes.
If, due to changes in tax law, a Master Limited Partnership (“MLP”) in the portfolio is considered a corporation and not a partnership for federal purposes, the income at MLP level would be subject to federal taxation. This would reduce the cash available for distribution to the Fund, which could result in a decrease in the value of the Fund.
In addition, the fund offers tax accounts such as IRA and 401 (k) plans with a new option for participation in the energy infrastructure MLP asset class without any concerns about the taxable income of independent companies. Investors do not receive K-1s as they would with a direct investment 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 to you for informational purposes only and should not be construed 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 associated with: (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 limited right of termination of the general partner. Actual results, performances or events can also be influenced, without limitation, by (1) general economic conditions, (2) developments in financial markets, (3) interest rates, (4) changes in laws and regulations, and (5) changes in policy by governments and / or regulators. An investor’s shares may be worth more or less than their original cost when they are sold. MLPs may incur additional costs as some MLPs pay incentive distribution fees to their general partners. Infrastructure companies are subject to industry-specific risks including, but not limited to, commodity price fluctuations; reduced amounts of energy resources available for transportation, 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 regulation, 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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Via SS&C ALPS consultants
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SOURCE ALPS consultant