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Strategies & Market Trends : Dividend investing for retirement

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From: Steve Felix4/23/2012 11:36:24 PM
of 21180
 
AMLP has been discussed here. Interesting article for anyone thinking of buying.

seekingalpha.com

Alerian MLP Makes Tax Payment, Raises Expense Ratio

"Total Annual Fund Operating Expenses increased from 0.85% to 1.40%, resulting from “Other Expenses” climbing by 0.55% due to past tax liabilities."

"Since inception, AMLP has provided shareholders with only 60% of the underlying index’s return. The fund has posted a 13.0% annual return versus 21.5% for the underlying index. This represents an effective 8.5% per year in costs to shareholders, yet AMLP prefers to call it a tracking error. This is about 6x the amount of the newly revised 1.40% expense ratio."
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