TechYahoo Finance7 days ago
$450k in MLP ETFs yields $34k yearly without K-1 forms
1 min read
Investing roughly $450,000 in the Alerian MLP ETF (AMLP) at a 7.5% yield generates $34,000 annually while issuing a simple 1099-DIV instead of complex K-1 tax forms. AMLP is structured as a C-corporation, eliminating K-1 headaches for holders. Energy Transfer, Enterprise Products Partners, and MPLX account for 38% of AMLP's portfolio.
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