The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:MLP Funds Take on the Taxman  Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 14, 2013

MLP Funds Take on the Taxman

News summary by MFWire's editors

The Taxman Cometh? Not this time, baby.

Master Limited Partnerships (MLPs), while attractive for investing in high growth areas like energy and infrastructure as well as being rich in dividends, often get their butts kicked by taxes.

However, a new generation of MLP funds aim to kick the taxman in his keister, according to the Wall Street Journal.

For example, there is the UBS E-Tracs Alerian MLP, which is an unsecured debt product designed to replicate the return of an MLP index. Because the fund doesn't technically own securities, it is able to avoid paying corporate income taxes, according to the Journal article-- early 39 percent or more. But it also exposes the investor to the issuer's credit risk.

Other firms are aiming to avoid the taxman by investing below the 25 percent MLP asset tax threshold, such as the First Trust North American Energy Infrastructure Fund and the Global X MLP & Energy Infrastructure MLP.

The ALPS Alerian MLP ETF is also noted in the story as the largest ETF of its kind in terms of assets. 

Edited by: Tommy Fernandez

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use