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Midstream ETFs AMLP & ENFR Increase Q4 Distributions

BY | ETF Database
9:05 am ET 11/12/26 | 11 VIEWS
Energy infrastructure remains a reliable income engine for advisor portfolios heading into year-end. This week, two leading midstream ETFs — the Alerian MLP ETF (AMLP A-) and the Alerian Energy Infrastructure ETF (ENFR ) — announced sequential increases to distributions for the fourth quarter of 2026. These higher distributions underscore the durability of fee-based cash flows across the midstream space and the growth of dividends.Key Takeaways AMLP raised its Q4 2026 distribution to $1.04 per share, up nearly 1% from its Q3 payout. ENFR increased its Q4 2026 distribution by 1.3% sequentially to $0.39065 per share. In contrast, peer fund mlpa reduced its Q4 distribution by 18.6% sequentially to $0.83 per share, marking its first payout cut since 2021. Midstream ETFs Announce Q4 DistributionsAMLP, the largest ETF in the MLP category, declared a fourth-quarter distribution of $1.04 per share on November 12. This represents a 1.0% bump from its third-quarter payout and a 4.0% increase from the prior year. AMLP is based on the Alerian MLP Infrastructure Index (AMZI), which yields 7.3% as of November 11. For advisors seeking broader midstream exposure, including C-corps, ENFR declared a distribution of $0.39065. This marks a 1.3% increase from the last quarter and a 2.8% increase compared to the prior year. ENFR remains the lowest-fee ETF in the midstream segment, providing access to the Alerian Midstream Energy Select Index (AMEI), which yields 4.8% as of November 11. Steady dividend growth among constituents in the AMZI and AMEI indices continues to support the funds’ payout trajectory. Midstream operators rely largely on fee-based contracts, which means cash flows tend to stay insulated from short-term commodity price swings, giving companies room to return more capital to investors. These distributions are payable on November 17 to shareholders of record as of November 12.How These Payouts CompareAMLP and ENFR’s sequential increases contrast with recent payout news elsewhere in the midstream ETF space. Earlier this month, the Global X MLP ETF (MLPA A+) declared a fourth-quarter distribution of $0.83 per share, down 18.6% from its $1.02 per share payout in the third quarter and representing a 15.3% decrease compared to the prior year. The reduction marks MLPA’s first distribution cut since 2021, highlighting the dispersion in payout trends across midstream funds. While MLPA trimmed its distribution, AMLP and ENFR continue to deliver steady sequential and year-over-year distribution growth for income-focused portfolios. Looking for midstream insights in your inbox? Subscribe here to keep a pulse on midstream investing through our weekly updates. For more news, information, and analysis, visit the Energy Infrastructure Content Hub. vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for AMLP and ENFR for which it receives an index licensing fee. However, AMLP and ENFR are not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of AMLP and ENFR.

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