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The Global X MLP ETF (MLPA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Infrastructure Index.
Is MLPA's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Farther Finance Advisors LLC bought a new stake in Global X MLP ETF (NYSEARCA:MLPA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 60,254 shares of the company's stock, valued at approximately $3,208,000. Farther Finance Advisors LLC owned 0.14%
The Global X MLP ETF is rated a cautious Buy at ~$54, offering a 7.5% yield and 8–12% expected total return. MLPA's largest holdings, like ET and EPD, are generating robust cash flows and growing distributions, supporting the fund's payout. Fund-level C-corp taxation and deferred tax liabilities (~10% of NAV) materially impact MLPA's net returns and must be monitored.
I reiterate a buy rating on the Global X MLP ETF, which has outperformed the S&P 500 since my last call. MLPA offers a high 7.37% yield, trades at less than 14x earnings, and boasts a sub-2x PEG ratio, supporting its value thesis. Rising Treasury yields have pressured MLPA, but I believe most of the rate impact is now priced in, with economic growth remaining robust.
Bank of America Corp DE cut its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 8.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 983,367 shares of the company's stock after selling 86,763 shares during the
Investing $10,000 a year for a decade in this ETF could yield $9,700 in annual dividends.