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Mark Kennedy

New MLP ETN - IMPL

By January 7, 2013

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We have a new Master Limited Partnership (MLP) ETN this week from Barclays iPath...

  • IMLP - iPath S&P MLP ETN

The new ETN correlates with the S&P MLP Index and according to iPath the goal of the fund is to provide exposure to leading partnerships that trade on major U.S. exchanges and are classified in the GICS Energy Sector and GICS Gas Utilities Industry. The S&P MLP Index includes both master limited partnerships and publicly traded limited liability companies which have a similar legal structure to MLPs and share the same tax benefits as MLPs and pays a quarterly coupon.

As of today, the new exchange traded note is trading around $25.20 and you can get full details on the IMLP fact sheet. Or if you want to see similar ETPs, then check out the...

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