Yorkville Liquid MLP Index

The Yorkville Liquid MLP index is structured to facilitate institutional access to the MLP asset class. The index is comprised of the 25 most actively traded master limited partnerships. It utilizes a proprietary, liquidity-weighted methodology engineered to maximize daily trading volume. The index is rebalanced quarterly.

Performance
 

+ Since: 12/31/1999

Short-Term
Long-Term
Name Ticker WTD MTD QTD YTD
Yorkville Liquid MLP IndexYLMLP0.0%1.0%-3.6%-8.7%
Yorkville MLP Universe IndexYMLPU0.0%0.5%-2.4%-3.4%
S&P 500SPX0.0%1.2%3.6%13.3%

+ Annualized Total Returns as of 9/15/2017

The Yorkville Liquid MLP Index fell by 7.9% for the second quarter of 2017. YLMLP underperformed the Alerian MLP Index (“AMZX Index”), which returned 3.9%. The underperformance can primarily be attributed to weakness in large cap MLPs during the quarter.

Sector Breakdown*
 
Strategy Fundamentals*
Current Index Yield  6.9%
Distribution Growth Rate  0.2%
Total Market Capitalization ($MMS)  $287,160
Average Market Capitalization ($MMS)  $11,486

* as of 6/30/2017

Attribution Analysis

Stability Score*

2nd Quarter 2017

8.8

Growth Score*

2nd Quarter 2017

2.4%

88% of the holdings in the Yorkville Liquid MLP Index (YLMLP) either increased or maintained their distributions in the second quarter of 2017 versus the prior year (2Q16). On average, the holdings produced year-over-year distribution growth of +2.4%.

Total Return Contribution by Sector*

 

All but one of the MLP sectors represented in the YLMLP Index detracted from portfolio performance for the second quarter 2017. Natural Gas Pipelines and Crude Oil Pipelines were the largest detractors for the second quarter, contributing losses of 250 basis points and 190 basis points, respectively. Downstream was the lone sector to contribute positively to quarterly index performance, adding 0.5%.

Top Holdings*
Energy Transfer Equity LP  11.5%
Energy Transfer Partners LP  10.6%
Enterprise Products Partners LP  10.6%
MPLX LP  8.1%
Plains All American Pipeline LP  7.6%
Magellan Midstream Partners LP  7.1%
Williams Partners LP  6.4%
Buckeye Partners LP  4.1%
Enbridge Energy Partners LP  3.7%
EQT Midstream Partners LP  3.1%
Reports

Fact Sheet

Attribution Analysis

Index Methodology