ATMP iPath Select MLP ETN

About this ETF

iPath Select MLP ETN is an exchange-traded note designed to provide exposure to the overall performance of a basket of master limited partnerships (MLPs) across various sectors in the U.S. energy infrastructure space. Its primary function is to track the performance of the volume-weighted average price of the Select MLP Index, which comprises entities engaged predominantly in energy transportation, including pipelines transporting natural gas, crude oil, and refined products. This ETN offers investors the opportunity to access the midstream energy sector, which plays a crucial role in the handling and transportation of energy commodities. Notably, iPath Select MLP ETN is structured to provide investors with a way to generate potential income with exposure to the infrastructure supporting U.S. energy production and distribution. It impacts sectors like oil and gas, providing indirect exposure to commodity markets without direct commodity investment risk. Trading on major exchanges, this ETN represents a strategic tool in portfolio diversification, especially for investors interested in the income-generation potential of energy assets, underscoring its significance in facilitating access to the infrastructure backbone of the energy industry.