Zacks MLP High Income Index

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ZAXLP
  • 212.07

    Calculated Index
  • -0.94%

    Daily Percentage Change
  • -2.02

    Daily Net Change

as of 10/30/2020

Overview

Index Description

The Zacks MLP Index selects 25 Master Limited Partnerships (MLP) utilizing a methodology proprietary to Zacks. The objective of the Index is to select a group of MLPs with the potential to yield and outperform on a risk adjusted basis the S&P 500 Index and other benchmark indices. The Index constituent selection methodology utilizes multi-factor proprietary selection rules to identify those MLPs that offer the greatest yield by assessing various factors, including yield, liquidity, and relative value. The approach is specifically designed to enhance investment applications and investability. Index reconstitution will begin quarterly after the close of the last business day of January, April, July, and October.

 

The Benefits of MLPs


 

1. MLPs have historically exhibited low correlation to stocks and bonds

2. MLPs may provide attractive dividends to income oriented investors

3. Gain exposure to pipeline businesses that experience steady income from transport of oil, gasoline or natural gas and access to the U.S. energy infrastructure sector

4. MLPs combine the tax benefits of a limited partnership with the liquidity of publicly-traded securities.

 

as of 09/17/2020

Top 10 Holdings

Downloadas of 10/30/2020

Symbol
Company Name
Index Weight
BEP Brookfield Renewable Partner S.L.P 5.22%
SPH Suburban Propane Partners LP / Suburban Energy Finance Corporation 5.14%
EVA Enviva Partners LP / Enviva Partners Finance Corp 4.65%
DCP DCP Midstream LP 4.62%
CQP CHENIERE ENERGY PARTNERS L P 4.41%
CEQP Crestwood Equity Partners LP 4.28%
BIP Brookfield Infrastructure Partners LP 4.25%
SUN Sunoco LP / Sunoco Finance Corp 4.20%
IEP Icahn Enterprises LP 4.11%
KNOP Knot Offshore Partners Lp 4.09%
Exposure Breakdowns
as of 11/30/2020
as of 11/30/2020