Financial News

MLPs on Track for 3rd Consecutive Year of Outperformance

Supported by positive distribution trends and M&A activity, MLPs have impressively outperformed year-to-date through October. Despite falling oil prices and a struggling equity market, the Alerian MLP ETF (AMLP) held relatively steady in October, declining just 0.57%. The fund handily outpaced broader energy and the S&P 500, which dropped 5.74% and 2.10%, respectively, during the month. [...] The post MLPs on Track for 3rd Consecutive Year of Outperformance appeared first on ETF Trends .
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