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MLPE ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The C-Tracks ETNs on the Miller/Howard MLP Fundamental Index, Series B (MLPE) is an exchange-traded note providing exposure to a basket of 25 energy master limited partnerships (MLPs).

MLPE tracks the Miller/Howard MLP Fundamental Index, which uses quantitative fundamental factors like distribution growth and capital expenditures to select its holdings. With an expense ratio of 0.85% and a dividend yield of 14.72% as of 2026-03-15, MLPE offers investors a high-yield opportunity within the energy infrastructure sector, though past performance does not guarantee future results.

Data Sources: Yahoo Finance · Financial Modeling Prep

C-Tracks ETNs on the Miller/Howard MLP Fundamental Index, Series B (MLPE) ETF — Price, Holdings & Analysis

The C-Tracks ETNs on the Miller/Howard MLP Fundamental Index, Series B (MLPE) is an exchange-traded note providing exposure to a basket of 25 energy master limited partnerships (MLPs). MLPE tracks the Miller/Howard MLP Fundamental Index, which uses quantitative fundamental factors like distribution growth and capital expenditures to select its holdings. With an expense ratio of 0.85% and a dividend yield of 14.72% as of 2026-03-15, MLPE offers investors a high-yield opportunity within the energy infrastructure sector, though past performance does not guarantee future results.

ETF Overview

The investment seeks to provide exposure to the performance of the Miller/Howard MLP Fundamental Index and any distributions that may be paid on the securities included in the index, reduced by an accrued investor fee. The index is designed to measure the performance of 25 energy master limited partnerships (¡°MLPs¡±) selected quarterly by a methodology that is based upon certain quantitative fundamental factors of publicly traded MLPs, including distribution growth, estimated capital expenditures and distribution coverage.
MLPE seeks to replicate the performance of the Miller/Howard MLP Fundamental Index, focusing on energy infrastructure MLPs. The index selects 25 MLPs quarterly based on factors such as distribution growth, estimated capital expenditures, and distribution coverage. This quantitative approach aims to identify MLPs with strong financial fundamentals and the potential for sustainable distributions. The fund's concentrated portfolio means its performance is highly dependent on the selected MLPs and the energy sector. MLPE is designed for investors seeking high current income and exposure to the energy infrastructure sector through MLPs. However, investors should be aware of the risks associated with MLPs, including regulatory changes and commodity price volatility. Due to its structure as an ETN, MLPE carries credit risk related to the issuer, in addition to the risks inherent in the underlying MLP investments. Past performance does not guarantee future results.

Risk Metrics

MLPE carries several risks. Its concentration in 25 energy MLPs exposes it to significant sector risk and company-specific risk. A downturn in the energy sector or poor performance by a few key holdings could significantly impact the ETN's value. The ETN's beta of 2.07 indicates high volatility compared to the broader market. The expense ratio of 0.85% is relatively high, which can create a drag on performance over time. As an ETN, MLPE also carries credit risk, as its value is dependent on the issuer's ability to meet its obligations. Investors should carefully consider these risks before investing in MLPE. Past performance does not guarantee future results.

Expense Ratio

0.85%

Dividend Yield

14.72%

Risk Metrics

  • Beta: 2.07

Questions & Answers

What is MLPE and what does it track?

MLPE, or C-Tracks ETNs on the Miller/Howard MLP Fundamental Index, Series B, is an exchange-traded note that aims to mirror the performance of the Miller/Howard MLP Fundamental Index.

This index is designed to track 25 energy master limited partnerships (MLPs), selected quarterly based on a quantitative methodology.

What is the expense ratio for MLPE?

The expense ratio for MLPE is 0.85%. This means that for every $10,000 invested, $85 is deducted annually to cover the ETN's operating expenses.

While this provides exposure to a specific segment of the energy market, the expense ratio is relatively high compared to broader equity ETFs, where expense ratios can be significantly lower. This cost when evaluating the potential returns of MLPE may be worth researching.

What are the top holdings in MLPE?

As an ETN tracking an index of 25 MLPs, MLPE's holdings change quarterly based on the index methodology. While the exact current holdings are subject to change, the index focuses on large, liquid MLPs involved in energy infrastructure.

Is MLPE a good long-term investment?

Whether MLPE is a suitable long-term investment depends on an investor's individual circumstances and risk tolerance.

MLPE offers exposure to the energy infrastructure sector and a high dividend yield of 14.72% as of 2026-03-15, which can be attractive to income-seeking investors. However, the ETN's high beta of 2.07 indicates significant volatility. Additionally, the 0.85% expense ratio can impact long-term returns.

How does MLPE compare to similar ETFs?

MLPE differentiates itself through its focus on a fundamentally weighted index of 25 MLPs. Compared to other MLP ETFs, MLPE's expense ratio of 0.85% may be higher or lower depending on the competitor.

The fund's performance will depend on the effectiveness of the Miller/Howard MLP Fundamental Index methodology.

Does MLPE pay dividends?

MLPE is designed to provide exposure to the distributions paid by the MLPs included in the Miller/Howard MLP Fundamental Index. As of 2026-03-15, MLPE has a dividend yield of 14.72%.

This high yield reflects the income generated by the underlying MLPs. However, it's important to note that dividend payments can fluctuate and are not guaranteed.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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