Global X MLP ETF [MLPA] Stock Forecast

Top 10 holdings include companies we have covered in the MLP space. High yield dividend payer with relatively low risk at current prices.

MLP ETFs stood out in the third quarter despite a decline in oil prices.

These ETF areas won in the third quarter of 2022.

U.S. equity ETFs exposed to highest yield are beating broader markets.

Strong and steady yield and the prospect of substantial capital gains make MLPA lucrative for both growth-seeking and income-seeking investors. Historically, MLPA has been successful in generating positive total return due to its strong and steady yield, at times when the price growth was negative.

Midstream energy companies are enjoying the strength of the energy sector as a whole, and exchange traded fund (ETF) investors can piggyback off that success in order to get an inflation hedge in today's market. “Most midstream companies have built in contractual escalators tied to inflation,” said Wells Fargo analysts.

The energy sector continues to be a place for fast money in 2022. Midstream/transport stocks have performed well, but the recent upside has been less impressive despite strong earnings.

MLPA: Invest In High-Yielding Pipelines After The U.S. Energy Information Agency's Latest Report

MLPs have juicy yields but here's what investors should know

The portfolio generated $1,067 in dividends during the month, an improvement over August. YTD, I've received $12,700. I closed out my positions in REM, DIS, MLPA, and SPYD.

Global X MLP ETF is a US stock and trading under the symbol MLPA

Global X MLP ETF stock price is $41.09 today.

Yes, Global X MLP ETF is a publicly traded company.