UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

The full company name is UBS AG London Branch - UBS ETRACS Alerian MLP Infrastructure Index ETN.

Alerian MLP ETF

Alerian Energy Infrastructure ETF

Martin Midstream Partners

Summary Nine constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.1 billion on equity repurchases in 2Q23. Corporations were more active with buybacks this quarter than MLPs, with some companies prioritizing other uses of capital over equity repurchases.

Midstream Buybacks Picked Up in 2Q23

J.P. Morgan Alerian MLP Index ETN

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index

Summary Dividend trends for energy infrastructure corporations and MLPs remain strong, adding important context to the generous yields this space provides.  On a year-over-year basis, 94% of the broad Alerian Midstream Energy Index (AMNA) by weighting has grown their dividends.

Midstream 2Q23 Dividend Recap: MLPs Drive Growth

A handful of midstream names have already announced increases to their dividends — something for investors to look forward to. Midstream earnings are just barely underway, but four constituents in the Alerian MLP Infrastructure Index (AMZI) have announced quarter-over-quarter growth to their dividends for the second quarter.

Midstream Names Grow Q2 Dividends With Earnings Underway

Many liquids pipelines adjust their fees each July 1 based on the Federal Energy Regulatory Commission's (FERC) oil pipeline index, which is based on the Producer Price Index for Finished Goods. The elevated inflation seen in 2022 resulted in a fee multiplier of 1.13 (13.

2022's Inflation has Silver Lining for Midstream/MLPs

On a year-over-year basis, over 90% of the broad Alerian Midstream Energy Index (AMNA) by weighting has grown their dividends. No AMNA constituent has cut its dividend for seven straight quarters.

1Q23 MLP/Midstream Payouts Solid as Equities Wobble

Investors may be wondering how the upcoming OPEC+ production cuts will affect the midstream space. Oil headlines over the past few days have been dominated by the surprise OPEC+ decision announced Sunday to cut production in an effort to support oil market stability.

What OPEC Production Cuts Mean for Midstream

Investor interest in natural gas jumped in February, with natural gas ETFs being the second most-researched theme on ETF Database during the month. Notably, in the past year, investor research has shifted from crude oil ETFs to its current focus on natural gas ETFs.

Look to Midstream ETFs for Another Way to Play Natural Gas

The underlying index for two popular energy infrastructure ETPs has changed following a recent consultation with stakeholders.

AMLP and MLPB Underlying Index Methodology Changes

There are many exchange traded products for investors to choose from as they look to add energy infrastructure exposure to their portfolios, but the first step is deciding between an exchange traded fund and an exchange traded note.

ETNs vs. ETFs: Which Exchange Traded Product for MLP Exposure?

UBS AG London Branch - FR SP ETRACS REDEEM 18/07/2042 USD 25 - Ser B

Energy Transfer LP (ET) reported fourth-quarter 2022 earnings on Wednesday, offering guidance on the partnership's distribution, which has fully rebounded since being cut in 2020. During the fourth quarter, Energy Transfer generated adjusted EBITDA of $3.44 billion compared to $2.81 billion a year prior.

Energy Transfer LP Reports Q4 Earnings, Discusses Unitholder Returns

Summary Midstream/MLPs tend to outperform the broader market in years of high inflation, and though it has cooled from its mid-2022 peak, inflation is likely to remain elevated in 2023. Energy infrastructure companies largely provide services for fees under long-term contracts, which typically include annual inflation adjustments.

Understanding the Inflation Tailwind for Midstream/MLPs

UBS ETRACS Wells Fargo Business Development Cmpn Indx ETN 2015-26.4.41 Lkd to Wells Fargo Business Dvlpmnt Indx Ser B

ETRACS Monthly Pay 1.5X Leveraged Closed End Fund Index ETN

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN

UBS ETRACS NYSE Pickens Core Midstream Index ETN

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

NEW YORK--( BUSINESS WIRE )--UBS Investment Bank today announced coupon payments for 12 ETRACS Exchange Traded Notes (the “ETNs”), all traded on the NYSE Arca.

UBS Declares Coupon Payments on 12 ETRACS Exchange Traded Notes

VettaFi has announced the results of the December 2022 quarterly review for the Alerian Index Series. All changes to the indexes will be implemented at the close of trading on December 16 for the market open on December 19, according to a statement from VettaFi.

VettaFi Announces Constituent Changes to the Alerian Index Series

Summary Midstream dividend trends remained positive for 3Q22, with multiple examples of growth and no cuts. Comparing 3Q22 payouts with 3Q21, approximately 90% of the Alerian Midstream Energy Index (AMNA) and Alerian MLP Index (AMZ) by weighting have grown their payouts.

3Q22 Midstream/MLP Dividends: Positive Momentum Continues

InfraCap MLP

United States Brent Oil Fund LP

First Trust North American Energy Infrastructure Fund

Global X MLP ETF

United States Oil Fund LP

MLP ETFs stood out in the third quarter despite a decline in oil prices.

Here's Why MLP ETFs Stood Out in Q3 Despite Oil Plunge

Virtus LifeSci Biotech Clinical Trials ETF

Virtus LifeSci Biotech Products ETF

iShares MSCI Brazil Small-Cap ETF

First Trust NASDAQ Clean Edge Green Energy Index Fund

iShares MSCI India Small Cap ETF

Global X Uranium ETF

These ETF areas won in the third quarter of 2022.

5 Best Areas of Q3 of 2022 & Their Top ETFs

ENN Natural Gas and ENN Energy Holdings Limited have entered into LNG Sale and Purchase Agreements with Energy Transfer LNG Export, a subsidiary of Energy Transfer LP, related to its Lake Charles LNG project. “Under the two SPAs, ET LNG is expected to supply 1.8 million tonnes of LNG to ENN NG, and 0.9 million [.

Midstream Companies Poised for Continued Growth

Income-minded investors who are looking for ways to bolster their portfolios should consider master limited partnerships or MLPs-related exchange traded funds. MLPs have been in a rout after a pullback in crude oil prices, especially over the month of November.

Yield Hunters Should Consider MLP ETFs

The Fed has announced the beginning of its tapering of bond purchases, 30-year record inflation was recorded for last month, and markets are beginning to build in at least two interest rate increases by the central bank next year to combat inflation. Markets are wobbling, and investors are seeking inflationary hedges as supply chain woes [.

Weathering the Inflationary Storm With Midstream Investment

As the energy sector continues to evolve, a number of companies are shifting their focus from aggressive growth to efficiency and capital discipline, and it's resulting in an increase in generation of free cash flow (FCF) for midstream companies, Alerian writes in a white paper by Stacey Morris, CFA. The enormous growth that the U.S. previously [.

Midstream Companies Experiencing an Increase in Free Cash Flow

ALPS Emerging Sector Dividend Dogs ETF

ALPS International Sector Dividend Dogs ETF

ALPS Sector Dividend Dogs ETF

When looking at the yield tables attached to the end of this note, it seems that most of the Alerian and S-Network indexes are trading at yields below their five-year averages.

Income Opportunities: Looking Beyond Dividend Yield

Antero Midstream Partners

DCP Midstream

Enbridge

Enterprise Products Partners

Energy Transfer LP Unit

Equitrans Midstream

Kinder Morgan

Magellan Midstream Partners

MPLX

ONEOK

Plains All American Pipeline

Pembina Pipeline

Phillips 66

Targa Resources

TC Energy

Western Gas Partners

Williams

As the financial implications of COVID worsened in early 2020, midstream yields increased to peak levels due to overall weak equity performance, and multiple midstream corporations and MLPs cut their dividends by 50% or more, though cuts were biased to smaller names in the space. Since then, dividends have remained mostly stable each quarter, which allowed yields to moderate to more sustainable levels as equity prices continued to improve.

Midstream Income Opportunities: Dividends Resilient Throughout Recent Quarters

ETRACS Alerian MLP Index ETN

Bank of Montreal Structured Notes 2016-10.12.36 (Exp. 05.12.36) on DWA MLP Select Series C

ETRACS Alerian MLP Infrastructure Index ETN

MLP ETFs have benefitted from an oil price rally and a solid dividend yield in 2020.

News for UBS ETRACS Alerian MLP Infrastructure Index ETN Series B Stock (MLPB)