This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Yorkville High Income MLP ETF (YMLP) Declares Third Quarterly Distribution

The Yorkville High Income MLP ETF (NYSE: YMLP) has declared its third distribution at an annualized yield of 9.29 percent. 30 Day SEC Yield as of 9/30/12 was 7.61%.

YMLP, the first and only exchange-traded fund (ETF) delivering exposure to high income, commodity-based master-limited partnerships (MLPs), will issue $0.405206 per share to holders of the fund. Yorkville estimates that 100% of the distribution will be treated as return of capital.

The ex-/reinvestment date for the distribution is November 14, 2012, the record date is November 16, 2012, and the payable date is November 20, 2012. Yorkville ETF Advisors plans to issue future distributions on a quarterly basis. Distributions are scheduled, but not guaranteed, going forward each year in February, May, August and November, with the next distribution occurring in February 2013.

Since inception on 3/13/12 through 9/30/12, YMLP has returned -1.00%, for an annualized total return of -1.83%. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

For performance current to the most recent month-end, please call 1-855-937-9383 (1-855-YES-YETF) or visit http://www.yetfs.com.

The Solactive High Income MLP Index tracked by YMLP is a rules-based index that applies a multi-factor selection model to the MLP universe. Analyzed factors include coverage ratio of distributions, distribution growth and size of distributions. A select group of MLPs deemed to be most favorable across all three factors become index constituents.

The Solactive High Income MLP Index is published and maintained by Structured Solutions AG, which determines the components and relative weightings of the securities in the Index and publishes information regarding the Index.

Exchange Traded Concepts, LLC serves as investment adviser to YMLP. Yorkville ETF Advisors, LLC, and Index Management Solutions, LLC, serve as sub-advisers.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs