With the end of the year right around the corner, advisors and investors are considering tax-loss harvesting and selling. Perhaps some are considering which exchange traded products to move into after they ditch losing equity and fund positions.
The master limited partnership exchange traded fund space is a predictable candidate for some year-end tax-loss selling. After all, the Alerian MLP ETF (NYSE: AMLP), the largest MLP ETF, has plunged 29.1 percent year-to-date. Investors looking to drop one MLP ETF while looking to remain involved in the space can give the Direxion Zacks MLP High Income Shares (NASDAQ: ZMLP) a look as a potential destination.
Today, there are more than 25 MLP ETFs on the market with more than $25 billion in combined assets under management.
What Is ZMLP?
ZMLP follows the Zacks MLP Index "which is composed of approximately 25 master limited partnerships (MLPs) listed on North American stock exchanges. The index’s holdings ...
/www.benzinga.com/trading-ideas/long-ideas/15/11/5979092/how-to-be-tax-savvy-with-an-mlp-etf alt=How To Be Tax Savvy With An MLP ETF>Full story available on Benzinga.com
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