ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB)
MLPB is a passive ETF by UBS tracking the investment results of the Alerian MLP Infrastructure Index. MLPB launched on Oct 8, 2015 and has a 0.85% expense ratio.
ETF Info
| ISIN | US90274D3825 |
|---|---|
| CUSIP | 90274D382 |
| Issuer | UBS |
| Inception Date | Oct 8, 2015 |
| Region | North America (U.S.) |
| Category | MLPs |
| Index Tracked | Alerian MLP Infrastructure Index |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The ETRACS Alerian MLP Infrastructure Index ETN Series B has a high expense ratio of 0.85%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MLPB vs. MLPR, MLPB vs. VOO, MLPB vs. AMZA, MLPB vs. AMLP
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETRACS Alerian MLP Infrastructure Index ETN Series B, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ETRACS Alerian MLP Infrastructure Index ETN Series B had a return of 13.70% year-to-date (YTD) and 32.72% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.70% | 5.05% |
| 1 month | 0.21% | -4.27% |
| 6 months | 15.58% | 18.82% |
| 1 year | 32.72% | 21.22% |
| 5 years (annualized) | 9.62% | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.66% | 4.68% | 4.85% | |||||||||
| 2023 | 2.21% | -0.55% | 6.64% | -3.50% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
ETRACS Alerian MLP Infrastructure Index ETN Series B(MLPB)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ETRACS Alerian MLP Infrastructure Index ETN Series B granted a 6.15% dividend yield in the last twelve months. The annual payout for that period amounted to $1.45 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.45 | $1.36 | $1.13 | $1.07 | $1.42 | $1.55 | $1.60 | $1.68 | $1.88 |
Dividend yield | 6.15% | 6.37% | 6.00% | 6.98% | 11.93% | 7.97% | 8.10% | 7.23% | 6.74% |
Monthly Dividends
The table displays the monthly dividend distributions for ETRACS Alerian MLP Infrastructure Index ETN Series B. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.36 | $0.00 | $0.00 | |||||||||
| 2023 | $0.31 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 |
| 2022 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 |
| 2021 | $0.28 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 |
| 2020 | $0.40 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 |
| 2019 | $0.39 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 |
| 2018 | $0.39 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 |
| 2017 | $0.43 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 |
| 2016 | $0.50 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ETRACS Alerian MLP Infrastructure Index ETN Series B. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ETRACS Alerian MLP Infrastructure Index ETN Series B was 71.92%, occurring on Mar 18, 2020. Recovery took 660 trading sessions.
The current ETRACS Alerian MLP Infrastructure Index ETN Series B drawdown is 2.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.92% | Mar 9, 2017 | 363 | Mar 18, 2020 | 660 | Oct 28, 2022 | 1023 |
| -41.6% | Oct 16, 2015 | 14 | Feb 11, 2016 | 19 | Feb 9, 2017 | 33 |
| -10.16% | Feb 15, 2023 | 26 | Mar 23, 2023 | 51 | Jun 7, 2023 | 77 |
| -7.33% | Dec 1, 2022 | 14 | Dec 20, 2022 | 15 | Jan 12, 2023 | 29 |
| -6.61% | Dec 4, 2023 | 7 | Dec 12, 2023 | 30 | Jan 26, 2024 | 37 |
Volatility
Volatility Chart
The current ETRACS Alerian MLP Infrastructure Index ETN Series B volatility is 4.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.