Alerian MLP ETF (AMLP)Energy Limited Partnership | Exchange Traded Fund | NYSEArca
52.56 USD
-0.15
(-0.294%) ⇩
(Oct. 13, 2026, 2:32 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:45 a.m. EDT
The Alerian MLP ETF presents a classic value trap scenario where high income masks structural deterioration. While the 7.8% yield is attractive, the underlying business has suffered a brutal 29% decline over the last nine years, with the most recent annual performance showing a -6% drop. This multi-year erosion suggests the market has permanently repriced the assets, likely due to regulatory headwinds or shifting energy dynamics that hurt midstream operators. The recent price action confirms this weakness, trading below its 50-day moving average and failing to recover from the 52-week lows. Although the dividend has been consistently increased, the payout is likely consuming cash flow needed for maintenance rather than generating excess capital for shareholders. Options data reinforces this pessimism, with traders buying significant downside protection. For investors seeking income, the safety of this yield is questionable given the asset's trajectory; it is better suited for a speculative trade on a sector rotation rather than a core holding. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.012249 |
| AutoARIMA | 0.012431 |
| AutoETS | 0.012431 |
| MSTL | 0.013270 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 20.36 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.83 |
| Attribute | Value |
|---|---|
| Trailing P/E | 14.38 |
As of Oct. 10, 2026, 5:45 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume (6.7k OI) compared to calls (2.5k OI) for the nearest expiration, indicating a fear of downside volatility. However, the implied volatility surface shows significant spikes on deep out-of-the-money strikes for both sides, suggesting a 'long gamma' environment where the market expects a binary event rather than a steady trend. The skew favors downside protection, yet the sheer volume of OTM puts suggests hedging against a drop rather than betting on one.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.88% | 7.99% | 8.05% | 8.08% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-12 | 1.030 | 1.884032 |
| 2026-05-13 | 1.030 | 1.937183 |
| 2026-02-11 | 1.010 | 2.000396 |
| 2025-11-12 | 1.000 | 2.163565 |
| 2025-08-13 | 0.980 | 2.023539 |
| 2025-05-14 | 0.980 | 2.004910 |
| 2025-02-12 | 0.970 | 1.925367 |
| 2024-11-13 | 0.950 | 2.021707 |
| 2024-08-08 | 0.940 | 2.030238 |
| 2024-05-09 | 0.940 | 2.000000 |
| 2024-02-08 | 0.880 | 2.026716 |
| 2023-11-09 | 0.880 | 2.133851 |
| 2023-08-10 | 0.830 | 2.061600 |
| 2023-05-11 | 0.860 | 2.305012 |
| 2023-02-09 | 0.770 | 1.946903 |
| 2022-11-09 | 0.750 | 1.878287 |
| 2022-08-11 | 0.740 | 1.906725 |
| 2022-05-12 | 0.730 | 2.014905 |
| 2022-02-10 | 0.710 | 1.929872 |
| 2021-11-10 | 0.760 | 2.189571 |
| 2021-08-12 | 0.680 | 2.041429 |
| 2021-05-13 | 0.680 | 1.997650 |
| 2021-02-11 | 0.680 | 2.446923 |
| 2020-11-12 | 0.710 | 3.162583 |
| 2020-08-13 | 0.750 | 3.001201 |
| 2020-05-07 | 0.750 | 3.198294 |
| 2020-02-13 | 0.950 | 2.423469 |
| 2019-11-14 | 0.975 | 2.459016 |
| 2019-08-08 | 0.950 | 2.090209 |
| 2019-05-09 | 0.975 | 2.037618 |
| 2019-02-14 | 0.975 | 1.977688 |
| 2018-11-08 | 0.955 | 1.906188 |
| 2018-08-09 | 1.035 | 1.848214 |
| 2018-05-10 | 1.035 | 2.055611 |
| 2018-02-08 | 1.035 | 1.963947 |
| 2017-11-09 | 1.025 | 1.928504 |
| 2017-08-09 | 1.075 | 1.906028 |
| 2017-05-10 | 1.075 | 1.749390 |
| 2017-02-08 | 1.125 | 1.733436 |
| 2016-11-09 | 1.200 | 1.986755 |
| 2016-08-10 | 1.200 | 1.912351 |
| 2016-05-11 | 1.200 | 2.039082 |
| 2016-02-10 | 1.495 | 3.559524 |
| 2015-08-12 | 1.495 | 2.036785 |
| 2015-05-13 | 1.480 | 1.757720 |
| 2015-02-11 | 1.460 | 1.739130 |
| 2014-11-06 | 1.445 | 1.588785 |
| 2014-08-06 | 1.420 | 1.570796 |
| 2014-05-06 | 1.395 | 1.543142 |
| 2014-02-06 | 1.390 | 1.588571 |
| 2013-11-07 | 1.370 | 1.563927 |
| 2013-08-07 | 1.345 | 1.534512 |
| 2013-05-07 | 1.320 | 1.506849 |
| 2013-02-07 | 1.305 | 1.540732 |
| 2012-11-07 | 1.280 | 1.569589 |
| 2012-08-07 | 1.260 | 1.549815 |
| 2012-05-07 | 1.225 | 1.493902 |
| 2012-02-07 | 1.215 | 1.449881 |
| 2011-11-07 | 1.290 | 1.625709 |
| 2011-08-05 | 1.265 | 1.666667 |
| 2011-05-06 | 1.230 | 1.529851 |
| 2011-02-07 | 1.215 | 1.508380 |
| 2010-11-05 | 1.240 | 1.550000 |
| Attribute | Value |
|---|---|
| All Time High | 96.75 |
| All Time Low | 12.05 |
| Ask | 52.51 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 1,534,400 |
| Average Daily Volume3 Month | 1,230,650 |
| Average Volume | 1,230,650 |
| Average Volume10Days | 1,534,400 |
| Beta3 Year | 0.35 |
| Bid | 52.5 |
| Bid Size | 200 |
| Category | Energy Limited Partnership |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 52.95 |
| Day Low | 52.455 |
| Dividend Yield | 7.84 |
| Earnings Timestamp End | 1,471,910,400 |
| Earnings Timestamp Start | 1,471,651,200 |
| Eps Trailing Twelve Months | 3.65485 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 54.4606 |
| Fifty Day Average Change | -1.9056015 |
| Fifty Day Average Change Percent | -0.03499046 |
| Fifty Two Week Change Percent | 16.331936 |
| Fifty Two Week High | 56.43 |
| Fifty Two Week High Change | -3.875 |
| Fifty Two Week High Change Percent | -0.06866915 |
| Fifty Two Week Low | 44.82 |
| Fifty Two Week Low Change | 7.7350006 |
| Fifty Two Week Low Change Percent | 0.17257921 |
| Fifty Two Week Range | 44.82 - 56.43 |
| First Trade Date Milliseconds | 1,282,743,000,000 |
| Five Year Average Return | 0.17474951 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.15499878 |
| Fullday Change Percent | -0.29405954 |
| Fullday Price | 52.555 |
| Fund Family | ALPS |
| Fund Inception Date | 1,282,694,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will normally invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is comprised of energy infrastructure MLPs that earn a majority of their cash flow from the transportation, storage and processing of energy commodities. It is non-diversified. |
| Long Name | Alerian MLP ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_112317754 |
| Nav Price | 52.6005 |
| Net Assets | 12,619,125,800.0 |
| Net Expense Ratio | 1.01 |
| Open | 52.82 |
| Phone | 855.724.0450 |
| Previous Close | 52.71 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.15499878 |
| Regular Market Change Percent | -0.29405954 |
| Regular Market Day High | 52.95 |
| Regular Market Day Low | 52.455 |
| Regular Market Day Range | 52.455 - 52.95 |
| Regular Market Open | 52.82 |
| Regular Market Previous Close | 52.71 |
| Regular Market Price | 52.555 |
| Regular Market Time | 1,791,916,360 |
| Regular Market Volume | 704,599 |
| Short Name | Alerian MLP ETF |
| Source Interval | 15 |
| Symbol | AMLP |
| Three Year Average Return | 0.1693598 |
| Total Assets | 12,619,125,760 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 14.379523 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.1894 |
| Trailing Three Month Returns | 2.1894 |
| Triggerable | 1 |
| Two Hundred Day Average | 52.5157 |
| Two Hundred Day Average Change | 0.03929901 |
| Two Hundred Day Average Change Percent | 0.0007483288 |
| Type Disp | ETF |
| Volume | 704,599 |
| Yield | 0.0784 |
| Ytd Return | 16.89005 |