MLP Exposure: ETF or ETN?

The ALPS Alerian MLP ETF (AMLP) has been one of the most successful new products to hit the market in recent months, accumulating assets of more than $350 million in less than three months of operation. While the tremendous cash inflows reflect an overwhelmingly positive reception to AMLP, the new fund has also started a debate over the merits of various product structures through which exposure to the MLP sector can be achieved. Some of the discussions on the MLP space have been constructive, creating a better understanding of the impact that different structures can have on total returns. But some of what’s been written about the MLP space–and AMLP in particular–has been misleading or just plain wrong [see New ETFs Grow Up Fast]. Background AMLP is the first exchange-traded fund to invest exclusively in Master Limited Partnerships (MLPs), seeking to replicate the performance of the Alerian MLP Infrastructure Index. That [...] Click here to read the original article on ETFdb.com. Related Stories: UBS Launches Inverse MLP ETN MLP ETFs: Fact And Fiction ALPS Launches First MLP ETF (AMLP)