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Products March 26, 2012
High Income Master Limited Partnership ETF Launched
March 26, 2012 (PLANSPONSOR.com) - 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 Rebecca Moore
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.
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.