AMJ. Can't find any info about it and its holdings at the JPMorgan website.
When I last looked at several of the lp etf's, they often had many lp's in common, although the weighting were different. E.g. KYN and TYN with Kinder Morgan, Plains All American, and so on. Important points for me in buying an mlp etf were not so much the holdings themselves (since so many were common among the etfs) but rather, the fund fees (which vary among the funds) and which mlp etfs were trading above or below nav and by how much.
AMJ: not sure what it is exactly. May be an etn, not an etf. I'm not sure I understand the difference. In an etf, the fund holds shares in the underlying lp's. With an etn, the company, here JPMorgan, issues a note which promises to pay out and/or track AMJ to an lp index. If that is about the right difference, for me, I'm not one be interested in buying AMJ because I'm not one to accept promises from JPMorgan -g-. |
