DENVER, Aug. 12, 2021 /PRNewswire/ -- The Alerian MLP ETF
(NYSE Arca: AMLP) declared its third quarter 2021 distribution of
$0.68 on Wednesday, August 11, 2021. The dividend is
payable on August 19, 2021 to
shareholders of record on August 13,
2021. Based on current financial information, the
distribution is estimated to consist of 100% return of capital.
AMLP Distributions:
- Ex-Date: Thursday, August 12,
2021
- Record Date: Friday, August 13,
2021
- Payable Date: Thursday, August 19,
2021
ALPS Portfolio Solutions Distributor, Inc. is also the
distributor for the Alerian Energy Infrastructure ETF and the
ALPS|Alerian Energy Infrastructure Portfolio. Please direct any
inquiries to info@alerianmlp.com or by calling
1-877-398-8461.
Important Disclosures
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 Alerian MLP ETF Shares are not individually
redeemable. Investors buy and sell shares of the Alerian MLP ETF on
a secondary market. Only market makers or "authorized participants"
may trade directly with the Fund, typically in blocks of 25,000
shares.
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, a Master Limited Partnership
("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.
Additionally, the Fund provides tax accounts such as IRA and
401(k) plans with a new option for participating in the energy
infrastructure 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 and 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 Distributors, Inc. and ALPS Portfolio
Solutions Distributor, Inc. are affiliated.
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 18,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale, and technology. Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
About SS&C ALPS Advisors
SS&C ALPS Advisors, Inc., a wholly-owned subsidiary of
SS&C Technologies, Inc., is a leading provider of investment
products for advisors and institutions. With over $18.5 billion in assets under management as of
June 30, 2021, the firm is an open
architecture boutique investment manager offering portfolio
building blocks, active insight, and an unwavering drive to guide
clients to investment outcomes across sustainable income, thematic
and alternative growth strategies. For more information, visit
www.alpsfunds.com.
View original
content:https://www.prnewswire.com/news-releases/alerian-mlp-etf-declares-third-quarter-distribution-of-0-68--301354095.html
SOURCE ALPS Advisors
