This ETF will invest its assets in a market-cap weighted, float-adjusted index created to provide a comprehensive benchmark for investors to track the performance of the energy MLP sector. MLPs have attracted significant interest for two primary reasons: (1) required quarterly distributions provide a steady stream of current income, and (2) because they are partnerships, MLPs avoid corporate income taxes at both the federal and state level; the tax liability is passed through to the individual partners. By generating at least 90% of income from natural resource-based activities such as transportation and storage, an entity can qualify as an MLP and not be taxed as a corporation. So the IRS treats shareholders of an MLP as partners, making the MLP itself a pass-through entity. That means that taxes are avoided at the corporate level, and investors avoid the double taxation of income. AMJ will be a great addition to a yield-starved portfolio seeking the steady income offered by these robust products.
| Segment | Equity: North America MLPs |
| Category | Sector |
| Focus | Energy |
| Niche | MLPs |
| Strategy | Dividends |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| AMJ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 35 | 28 | 40 |
| % of Assets in Top 10 | 58.24% | 59.13% | 57.10% |
| % of Assets in Top 15 | 67.35% | 70.16% | 70.71% |
| % of Assets in Top 50 | 84.54% | 79.38% | 94.55% |
| AMJ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | 19.53% | 45.91% |
| Mid (>2.7B) | N/A | 14.16% | 16.65% |
| Small (>600M) | N/A | 4.59% | 4.11% |
| Micro (<600M) | N/A | 0.17% | 0.00% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| AMJ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.47 | $ 0.33 | $ 0.32 |
| Dividend Date | 2019-08-27 | N/A | N/A |
| Annual Dividend Rate | N/A | $ 0.88 | $ 0.46 |
| Annual Dividend Yield | N/A | 2.66% | 1.71% |
View charts featuring AMJ price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -125.81 K 1 Month Net Flows: 14.03 M 3 Month Net Flows: 7.66 M 6 Month Net Flows: 60.5 M 1 Year Net Flows: -11.48 M 3 Year Net Flows: 39.38 M 5 Year Net Flows: 156.06 M 10 Year Net Flows: 614.33 MView charts that break down the influence that fund flows and price had on overall assets.
The adjacent table gives investors an individual Realtime Rating for AMJ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the MLPs with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Ordinary income |
| Distributes K1 | No |
AMJ does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers.
| AMJ |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -3.11% | -3.05% | -4.81% |
| 3 Month Return | -3.75% | 1.07% | 0.57% |
| YTD Return | 13.76% | 15.67% | 12.07% |
| 1 Year Return | 9.69% | 16.40% | 16.29% |
| 3 Year Return | -17.75% | 0.27% | 0.71% |
| 5 Year Return | -25.43% | -4.38% | 1.44% |
The following charts reflect the geographic spread of AMJ's underlying holdings.
| Region | Percentage |
|---|
| Country | Percentage |
|---|
The following charts reflect the allocation of AMJ's underlying holdings.
| Sector | Percentage |
|---|
| Market Cap | Percentage |
|---|---|
| Small | 0.0% |
| Large | 0.0% |
| Micro | 0.0% |
| Mid | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|
| Sector | Percentage |
|---|
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 94.44% |
| 20 Day Volatility | 33.70% |
| 50 Day Volatility | 28.24% |
| 200 Day Volatility | 25.90% |
| Beta | 1.84 |
| Standard Deviation | 1.29% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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