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Global X MLP & Energy Infrastructure ETF
MLPX (Global X MLP & Energy Infrastructure ETF) is an index Energy Equity ETF by Global X. With a 0.45% MER, it provides diversified exposure through 27 holdings. Quarterly distribution with a 4.22% yield.
MLPX by Global X is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.45% MER, its fees are in line with category averages. It pays a quarterly distribution with a 4.22% yield, making it attractive for income-seeking investors.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.