Alerian MLP ETF Declares is Fourth Quarter 2017 Distribution, Payable on November 15, 2017
November 09, 2017 at 09:15 am EST
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The Alerian MLP ETF declared its fourth quarter 2017 distribution of $0.2052. The dividend is payable on November 15, 2017 to shareholders of record on November 10, 2017 and ex-date on November 9, 2017. Based on current financial information, the distribution is estimated to consist of 100% return of capital.
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities). ALPS Advisors, Inc. is the investment adviser to the fund.