ETF Quote Details
|NAV (month end)||45.91|
|Premium (+)/Discount (-) (month end)||+0.29|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
Zacks Premium - The only way to get access to the Zacks Rank
ETF Expense Ratio
|Dividend (Yield)||$2.24 (4.85%)|
|Issuer||JPMORGAN CHASE & CO|
The Alerian MLP Index is a cap weighted, float-adjusted index created to provide a complete benchmark for investors to track the energy MLP sector. MLPs are limited partnerships mainly engaged in the exploration, marketing, mining, processing, production, refining, storage, or transportation of any mineral or natural resource. The Index components are selected by Alerian Capital Management, LLC.
The ETN due 5/24/2024 are issued by J.P. Morgan Chase & Co and are part of the Series E Medium-Term Notes. It is designed to provide investors a convenient way to gain exposure to midstream energy MLPs.