Related Funds
ALPS | Alerian Energy Infrastructure Portfolio
ENFR - Alerian Energy Infrastructure ETF
AMLP - Alerian MLP ETF
Class A
Fund Stats as of 05/23/2017
Symbol ALERX
ISIN US3176128284
Listing Exchange NYSE
Inception Date 12/31/2012
Distribution Frequency Quarterly
CUSIP 317612 828
Fund Type Open End Fund
NAV $7.22
NAV Change $0.04
Expenses as of 02/28/2017
Total Expense Ratio1.75%
What You Pay1.25%
Class C
Fund Stats as of 05/23/2017
Symbol ALRCX
ISIN US3176128102
Listing Exchange NYSE
Inception Date 12/31/2012
Distribution Frequency Quarterly
CUSIP 317612 810
Fund Type Open End Fund
NAV $7.09
NAV Change $0.04
Expenses as of 02/28/2017
Total Expense Ratio2.35%
What You Pay1.85%
Class I
Fund Stats as of 05/23/2017
Symbol ALRIX
ISIN US3176127948
Listing Exchange NYSE
Inception Date 12/31/2012
Distribution Frequency Quarterly
CUSIP 317612 794
Fund Type Open End Fund
NAV $7.31
NAV Change $0.04
Expenses as of 02/28/2017
Total Expense Ratio1.35%
What You Pay0.85%
Fund Resources
Quarterly Fact Sheet 
Semi-Annual Report 
Statutory Prospectus 
Summary Prospectus 
Resource Library  

Objective

The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the "Index").

Description

ALPS | Alerian MLP Infrastructure Index Fund (NYSE: ALERX) delivers exposure to the Alerian MLP Infrastructure Index (NYSE: AMZI), a capped, float-adjusted, capitalization-weighted composite of energy infrastructure Master Limited Partnerships that earn the majority of their cash flow from the transportation, storage, and processing of energy commodities.

Why Energy Infrastructure MLPs?

Thematically, MLPs represent an investment in the build-out of US energy infrastructure over the next few decades. MLPs own, operate, and build energy infrastructure assets such as pipelines, storage facilities, and processing plants.

  • Energy renaissance drives growth: Billions of investment dollars are required for infrastructure to keep pace with the boom in domestic production of natural gas and oil.
  • Toll-road business models: MLPs possess regional monopoly footprints and benefit from inflation-hedged contracts and inelastic energy demand.
  • Income potential: MLPs pay out the majority of their operating cash flow as quarterly dividends.

Energy Infrastructure Overview

Pipelines, Storage Tanks, and Processing Plants

Energy Value Chain