Virtu Financial LLC Has $243,000 Stake in Exchange Traded Concepts Trust (YMLP)
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YMLP has declared its first distribution at an annualized rate of 8. Yorkville ETF Advisors plans to issue future distributions on a quarterly basis. Shareholders can expect distributions going forward each year in February, May, August and November, with the next distribution occurring in August A select group of MLPs deemed to be most favorable across all three factors become index constituents. The firm offers a rules-based investment philosophy with the intention of creating ETFs to track new investable indexes oriented toward income and superior investment solutions.
Yorkville ETF Advisors has proven investment management and research that provides investors with innovative investment strategies. The team at Yorkville ETF Advisors consists of leading industry professionals who have extensive experience in areas such as MLP research and investment management, index derivatives and distribution.
This experience gives the firm the necessary resources to develop income-generating ETFs and provide leadership to support the initiatives of the firm and its sister companies within Yorkville ETF Holdings. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that capital gains distributions will not be made in the future.
Your own trading will also generate tax exchange traded concepts trust ymlp and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation. Exchange traded concepts trust ymlp the prospectus carefully before investing. Narrowly focused investments typically exhibit higher volatility. The energy industry is highly volatile due to significant fluctuation in the prices of energy commodities, as well as political and regulatory developments.
The abilities of MLPs operating in the energy sector to grow and increase cash distributions can be highly dependent on their ability to make acquisitions that generate increasing cash flows.
Investments in common units of MLPs involve risks that differ from investments in common stock including risks inherent in the structure of MLPs, including i tax risks, ii risk related to limited control of management or the general partner or managing member, iii limited rights to vote on matters affecting the MLP, except with respect to extraordinary transactions, and iv conflicts of interest between the general partner or managing member and its affiliates and the limited partners or members, including those arising from incentive distribution payments or corporate opportunities, and cash flow risks.
Prices exchange traded concepts trust ymlp common units of individual MLPs and exchange traded concepts trust ymlp equity securities also can be affected by fundamentals unique to the partnership or company, including cash flow growth, cash generating power and distribution coverage. See the prospectus for more detail. The fund invests in royalty trusts, which are dependent upon the product and sales of natural resources; as the resources deplete, production and cash flows steadily decline, which may decrease distribution rates to the fund.
The fund is treated as a regular corporation for federal income tax, which differs from most investment companies. Unlike most ETFs, the Fund expects to effect share redemptions principally for cash, rather than in-kind, which may make the Fund less tax-efficient than an investment in a conventional ETF.
Furthermore, the Fund may need to sell portfolio securities in order to raise cash for redemptions. These factors may increase transaction costs and result in the Fund having wider bid and offering spreads than conventional ETFs.
Yorkville Funds are not sponsored, endorsed, issued, sold, or promoted by Solactive, nor does this company make any representations regarding the advisability of investing in exchange traded concepts trust ymlp Yorkville Funds.
Luke Napoli, luke gregoryfca. YMLP declares its first distribution at an 8. May 17, Investing involves risk, including the possible loss of principal. Log In Sign Up.