Products March 26, 2012

High Income Master Limited Partnership ETF Launched

Yorkville ETF Advisors, LLC, an asset management firm and a subsidiary of Yorkville ETF Holdings, LLC, launched Yorkville High Income master limited partnerships (MLPs) ETF.
Reported by

J.P. Morgan Worldwide Securities Services (WSS) was appointed by Yorkville to provide custody and exchange traded fund (ETF) transfer agency services.   

The ETF (NYSE: YMLP), which began trading on March 13, delivers exposure to high income, commodity-based MLPs. YMLP was developed to capture the investment opportunity in commodity sector MLPs, which historically have provided higher yields and faster distribution growth than the more popular infrastructure sector, according to Yorkville Capital Management, LLC.   

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

To learn more about J.P. Morgan fund services, visit http://www.jpmorgan.com/visit/etf. For more information about YMLP, visit http://www.yetfs.com.

«