MLPX ISSUER
The Global X MLP & Energy Infrastructure ETF (MLPX) is managed by Global X Funds, offering investors exposure to the Solactive MLP & Energy Infrastructure Index.
MLPX DIVIDEND
The MLPX Dividend reflects the dividend distribution of the Global X MLP & Energy Infrastructure ETF (MLPX). While MLPX primarily focuses on tracking the performance of the Solactive MLP & Energy Infrastructure Index, it also aims to provide income to its investors through dividends. These distributions typically occur quarterly and are influenced by the MLPs and energy infrastructure corporations within the ETF's portfolio. MLPX's eligibility for dividends is determined by the income generated from qualifying sources, as defined by tax regulations, which include interest, dividends, real estate rents, and more. MLPX employs an indexing strategy to achieve its investment objective and seeks to maintain a correlation of 95% or better with its underlying index, with a focus on the energy sector. Investors looking for exposure to the midstream energy infrastructure sector and potential dividend income may consider MLPX as part of their investment strategy.
MLPX TRACKING
Tracking the Solactive MLP & Energy Infrastructure Index is the primary objective of the MLPX ETF. This fund invests at least 80% of its total assets in securities of master limited partnerships (MLPs) and energy infrastructure corporations. The Solactive MLP & Energy Infrastructure Index is designed to mirror the performance of midstream energy infrastructure MLPs and corporations, which are involved in energy logistics, including pipelines and storage facilities for natural gas, natural gas liquids, crude oil, and refined products. MLPX aims to provide investors with exposure to this specific sector while closely tracking the index, allowing investors to participate in the income potential and growth of MLPs and energy infrastructure corporations.
MLPX CORRELATION
The correlation aspect of the Global X MLP & Energy Infrastructure ETF (MLPX) is essential in understanding its behavior in relation to the midstream energy infrastructure MLPs and corporations it tracks. As MLPX primarily invests in these assets, its correlation with the energy logistics sector is expected to be strong. This correlation can provide valuable insights for investors looking to gain exposure to the energy infrastructure industry or seeking diversification within the sector. To explore MLPX's correlations with other assets and sectors, you can utilize our tool, ETF Insider. With its web app, you can access in-depth data and visualize correlations, helping you make informed investment decisions and identify potential overlaps in your portfolio.
MLPX SECTOR
The MLPX ETF (MLPX) focuses on the energy sector, specifically midstream energy infrastructure MLPs and corporations. These MLPs and corporations are involved in the transportation, storage, processing, and distribution of natural resources like natural gas, natural gas liquids, crude oil, and refined products. MLPX provides investors with exposure to the energy logistics industry, offering potential for income generation and growth, although it may exhibit higher concentration risk due to its sector-specific focus.
MLPX EXPOSURE
The exposure characteristic of the Global X MLP & Energy Infrastructure ETF (MLPX) is centered around the midstream energy infrastructure and master limited partnership (MLP) sectors within the United States. By tracking the Solactive MLP & Energy Infrastructure Index, MLPX provides investors with targeted access to companies involved in the transportation, storage, processing, and distribution of energy resources such as natural gas, crude oil, and natural gas liquids. MLPX''s investment strategy aligns with the underlying index, focusing on these specific sectors to capture potential income and growth opportunities.