ETRACS Alerian MLP Index ETN (AMU) ETF
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ETRACS Alerian MLP Index ETN (AMU) ETF Bio
The investment objective of the ETRACS Alerian MLP Infrastructure Index ETN seeks to track the performance of the Alerian MLP Infrastructure Index and pay a variable quarterly coupon linked to the cash distributions paid on the Master Limited Partnerships in the index, less investor fees. The majority of MLPs currently operate in the energy infrastructure industry, owning assets such as pipelines that transport crude oil, natural gas and other refined petroleum products.