Ticker

I rate Global X MLP & Energy Infrastructure ETF (MLPX) a Buy, targeting an 8%–13% total return over 6–12 months. MLPX's lower yield versus MLPI reflects its strategy to retain upside from underlying holdings, not a lack of income generation. Concentration in WMB, TRP, and ENB means capital deployment efficiency and project execution are critical to MLPX's forward returns.

The Global X - MLP & Energy Infrastructure ETF provides a significantly higher dividend yield and lower historical max drawdown than the State Street SPDR S&P Oil & Gas Exploration & Production ETF. State Street SPDR S&P Oil & Gas Exploration & Production ETF offers broader exposure to the production sub-industry with 51 holdings compared to 29 for the Global X fund.

Global X - MLP & Energy Infrastructure ETF offers a significantly higher distribution yield of 4.1% compared to 1.1% for iShares Global Clean Energy ETF. While iShares Global Clean Energy ETF provides global exposure across multiple sectors, Global X - MLP & Energy Infrastructure ETF is concentrated entirely in North American energy.

Albert wrote in this week about a problem that can sometimes plague your investments. His email started, “Sometimes I like something that is too complicated for me to handle the taxes.

Gas turbine prices have surged, boosting related stocks like GE Vernova. GE Vernova, the Global X MLP, and Energy Infrastructure ETF offer different risk/reward profiles for energy exposure.