03-20-2015, 09:23 PM
(03-20-2015, 07:43 PM)hendi_alex Wrote: Also, MLP ETFs incure liabilities over time, something to do with MLP rules. I'm fuzzy on this, but just another complication that I can live without.
Thanks for your thoughts.
I can tell you the problem with MLP ETFs. If an ETF has more than 25% of its assets in MLPs, it must pay income taxes like a C corporation. This is a very large drag on performance. One of the largest such, AMLP, has an 8.56% expense ratio because of this.