The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

Alerian MLP ETF (NYSE: AMLP) Declares Fourth Quarter Distribution of $0.2740

Thursday, November 07, 2013

Alerian MLP ETF (NYSE: AMLP) Declares Fourth Quarter Distribution of $0.2740

08:30 EST Thursday, November 07, 2013

DENVER (Business Wire) -- The Alerian MLP ETF (Master Limited Partnership Exchange-Traded Fund) declared its fourth quarter 2013 distribution of $0.2740 on Wednesday, November 6th. The dividend is payable on November 15, 2013 to shareholders of record on November 12, 2013.

AMLP Cash Distribution:

  • Ex-Date: Thursday, November 7th
  • Record Date: Tuesday, November 12th
  • Payable Date: Friday, November 15th

ALPS Portfolio Solutions Distributor, Inc. is also the distributor for the ALPS | Alerian MLP Infrastructure Index Fund and the ALPS | Alerian Energy Infrastructure Portfolio. Please direct any inquiries to info@alerianmlp.com or by calling 1-877-398-8461.

RISKS

Investors should carefully consider the investment objectives, RISK, charges and expenses of any exchange-traded fund (“ETF”) prior to investing. For a prospectus containing this and other information, please visit www.alerianmlp.com or call 1-877-398-8461. Please read the prospectus carefully before investing.

There are RISKS involved with investing in ETFs including the loss of money. Additional information regarding the RISKS of this investment is available in the disclosure.

The Fund is taxed as a regular corporation for federal income tax purposes. This differs from most investment companies, which are treated as “regulated investment companies” under the Code and do not pay entity level income taxes.

If, due to tax law changes, an MLP in the portfolio is deemed a corporation rather than a partnership for federal income purposes, then income would be subject to federal taxation at the MLP level. This would reduce the amount of cash available for distribution to the fund which could result in a reduction of the Fund's value.

The Fund invests primarily in energy infrastructure companies which may be adversely affected by changes in worldwide energy prices, exploration, production spending, government regulation, changes in exchange rates and depletion of natural resources.

Additionally, the Fund provides tax accounts such as IRA and 401(k) plans with a new option for participating in the energy infrastructure Master Limited Partnership (“MLP”) asset class without Unrelated Business Taxable Income concerns. Investors will not receive K-1s as they would if investing directly in MLPs.

All K-1s are received and processed by the Alerian MLP ETF. The Alerian MLP ETF distributes a single Form 1099 to its shareholders.

This notice is provided to you for informational purposes only, and should not be considered tax advice. Please consult your tax advisor for further assistance.

The Fund's concentration in securities of MLPs involves RISKS that differ from investments in common stock, including RISKS related to: (1) limited control and rights to vote on matters affecting the MLP; (2) potential conflicts of interest between the MLP and its general partner; (3) cash flow; (4) dilution; and (5) the general partner's limited call right. Actual results, performance or events may also be affected by, without limitation, (1) general economic conditions, (2) performance of financial markets, (3) interest rate levels, (4) changes in laws and regulations and (5) changes in the policies of governments and/or regulatory authorities. An investor's shares, when sold, may be worth more or less than their original cost. MLPs may have additional expenses, as some MLPs pay incentive distribution fees to their general partners. Infrastructure companies are subject to RISKS specific to the industry they serve including, but not limited to commodity price fluctuations; reduced volumes of energy commodities available for transporting, processing, storing or distributing; changes in the economy or regulatory environment; and extreme weather. The Fund invests primarily in energy infrastructure companies which may be adversely affected by changes in worldwide energy prices, exploration, production spending, government regulation, changes in exchange rates and depletion of natural resources.

ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Alerian MLP ETF.

ALPS Portfolio Solutions Distributor, Inc. and ALPS Distributors, Inc. are affiliated.

Client Relations:
Jennifer Levesque*, ALPS
+1 (303) 623 2577
jennifer.levesque@alpsinc.com

Media:
Tom Carter*^, ALPS
+1 (303) 623 2577
tom.carter@alpsinc.com

Call us at 1.877.398.8461

* Registered Representative of ALPS Distributors, Inc.
^ Registered Representative of ALPS Portfolio Solutions Distributor, Inc.

Alerian MLP ETF
Client Relations:
Jennifer Levesque*, +1 303-623,2577
Jennifer.levesque@alpsinc.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections