JPMorgan Chase Financial Company has declared the quarterly coupon amount for the Alerian MLP Index ETN (AMJB), providing updated data on this energy infrastructure strategy. Announced yesterday, November 24, the coupon underscores the continued role of midstream Master Limited Partnerships (MLPs) in income portfolios.
Master Limited Partnerships (MLPs) have increasingly captured the attention of investors, thanks to their attractive yields and solid performance over the last few years.
Summary MLP yields of ~7% are backed by positive dividend trends and fee-based businesses that generate stable cash flows. Beyond income, MLPs provide diversification benefits, real asset exposure, and more defensive energy exposure.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 348 | $10,462.43 | $12,378.36 | $1,915.93 | 18.31% |
Private Capital Private Capital Management | 7,733 | $224,173.28 | $274,985.48 | $50,812.2 | 22.67% |
Leanne Menzel Smallwood Wealth Investment Management LLC | 91,902 | $2.68M | $3.29M | $601,745.58 | 22.41% |
Tammy Trenta FF Advisors,LLC | 198,481 | $5.93M | $7.16M | $1.23M | 20.82% |
| BIL Beckerman Institutional LLC Beckerman Institutional LLC | 40,324 | $1.18M | $1.46M | $280,565.16 | 23.82% |
| ARCA Exchange | US Country |
The index is a specialized financial tool that tracks the performance of Master Limited Partnerships (MLPs) primarily engaged in the energy sector. These MLPs derive the bulk of their revenues from activities directly related to energy commodities. The index employs a refined methodology to evaluate these components, focusing on a capped, float-adjusted, capitalization-weighted approach. This ensures a balanced representation of companies within the index, mitigating the undue influence of any single entity. It is designed for investors looking to gauge and invest in the performance of MLPs involved in the intricate value chain of energy commodity handling, from production to storage.