iPath S&P MLP ETN
IMLP
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jan 3, 2013
- CIK
- 0000312070
- Similar Companies
- Business
- iPath S&P MLP ETN (IMLP) is an exchange-traded note issued by Barclays Bank PLC that provides investors exposure to the performance of the S&P MLP Index, which tracks master limited partnerships (MLPs) and publicly traded limited liability companies engaged in the energy and gas utilities sectors in the United States. The ETN offers a cash payment at scheduled maturity on December 15, 2042, or upon early redemption, based on the volume-weighted average price (VWAP) level of the underlying index, less applicable fees; it does not pay interest and carries unsecured senior debt obligations of the issuer. Originally launched on January 3, 2013, and listed on NYSE Arca and later CBOE BZX, the product targets institutional and retail investors seeking leveraged or direct exposure to U.S. MLP equity markets without direct ownership complexities. Barclays Bank PLC, headquartered in London, United Kingdom, serves as the issuer through its iPath ETN platform, which encompasses a range of notes across commodities, equities, volatility, and sector-specific indices including energy MLPs. The ETN operates principally in U.S. capital markets, with geographic focus on domestic energy infrastructure partnerships involved in oil and gas transportation, storage, and processing. No subsidiaries or parent relationships beyond Barclays' investment banking arm are directly tied to this specific issuance. In a significant operational change, Barclays exercised its issuer call option to fully redeem the iPath S&P MLP ETN series, suspending trading before market open on December 15, 2022, with final cash payments to holders based on the closing indicative value as of December 14, 2022. This redemption was part of a broader issuer action affecting six iPath ETNs, driven by strategic portfolio management amid low assets under management (approximately $10.99 million prior to delisting) and market conditions in the MLP sector. Post-redemption, the ticker IMLP is delisted and no longer actively trades, though legacy data persists on financial platforms; investors received principal plus index-linked returns net of fees upon settlement. No recent partnerships, funding rounds, acquisitions, or new product launches related to IMLP have been announced in the last 1-2 years, reflecting its terminated status.