Global X - MLP ETF
MLPA
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Apr 19, 2012
- CIK
- 0001432353
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X MLP ETF (MLPA) is an exchange-traded fund that provides targeted exposure to the midstream energy infrastructure sector by tracking the Solactive MLP Infrastructure Index, a market-cap-weighted benchmark comprising large, liquid U.S.-listed Master Limited Partnerships (MLPs) engaged in the transportation, storage, and processing of energy commodities such as natural gas, petroleum, and related products. The fund invests at least 80% of its net assets in securities that replicate the index, holding approximately 20-21 positions with top allocations including Energy Transfer LP (ET; ~13-14%), Enterprise Products Partners L.P. (EPD; ~13%), MPLX LP (MPLX; ~11-13%), Western Midstream Partners LP (WES; ~10-11%), Plains All American Pipeline L.P. (PAA; ~9-10%), Hess Midstream LP (HESM; ~8-9%), Sunoco LP (SUN; ~8-9%), Cheniere Energy Partners L.P. (CQP; ~6-7%), and others such as USA Compression Partners LP (USAC) and Genesis Energy L.P. (GEL); this structure emphasizes fee-based contracts with inflation hedges, delivering high quarterly distributions (trailing 12-month yield ~7.5%, expense ratio 0.45%) and 1099 tax reporting without K-1 forms. Launched on April 18, 2012, and structured as a C-corporation, MLPA is issued and managed by Global X ETFs, a subsidiary of Mirae Asset Financial Group founded in 2008 and headquartered at 605 Third Avenue, New York, New York, with global operations spanning the U.S., Europe, Asia, Latin America, and other regions. In recent developments, the fund has sustained robust performance with a one-year total return of approximately 9-10% as of late 2025, quarterly dividend increases (e.g., from $0.90 in 2024 to $0.935 in 2025), and heightened investor interest evidenced by stake expansions from institutions like Envestnet Asset Management (up 3.7% in Q2 2025 to nearly 495,000 shares), amid favorable midstream tailwinds from U.S. natural gas export growth and resilient infrastructure demand. MLPA targets income-oriented investors seeking sector-specific equity exposure in the energy MLP segment, benefiting from lower sensitivity to commodity price volatility compared to upstream producers, with assets under management reaching $1.84 billion and a beta of 0.50-0.65 relative to the S&P 500.