Research > ETFs > ETF / ETP Commentary > 

Midstream ETF Leaders AMLP & ENFR Announce Q2 Distributions

Midstream continues to solidify its reputation as a premier source of yield for income-focused portfolios. This week, two category-leading funds — the Alerian MLP ETF (AMLP A-) and the Alerian Energy Infrastructure ETF (ENFR ) — declared their distributions for the second quarter of 2026. These payouts underscore the sector’s robust cash flow profile and its disciplined approach to returning capital to shareholders.Key Takeaways The Alerian MLP ETF (AMLP) increased its quarterly distribution by 2.0% sequentially to $1.03, reflecting a 5.1% rise year-over-year. Over 89% of AMLP’s index constituents and 91% of ENFR’s index constituents have grown their payouts compared to the same period last year. As of May 12, the underlying indexes for AMLP and ENFR are yielding 6.9% and 4.7%, respectively. Midstream ETF Leaders AMLP & ENFR Show Continued Strength With Q2 DistributionsOn Wednesday, AMLP, the industry’s largest MLP ETF, declared its second quarter distribution of $1.03 per share. This represents a 2.0% increase from the distribution paid during the first quarter of 2026 and a 5.1% increase from the year prior.  This increase highlights the consistent distribution growth within the Alerian MLP Infrastructure Index (AMZI), which currently yields 6.9% as of May 12. Six names in AMZI increased their payouts sequentially, led by Sunoco’s (SUN) announcement of a 6.25% sequential increase. Furthermore, over 89% of  AMZI by weighting have increased their payouts compared to a year prior.  For advisors seeking broader midstream exposure including C-corps, ENFR declared a distribution of $0.38618. While this reflects a minor 1.5% decrease from the previous quarter, it represents a 2.5% increase from 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 4.7% as of May 12. The fundamental health of the midstream space is evident in the constituent-level data. Within the AMEI index, 24 of the 26 names have announced payouts, with eight increasing their dividends. Another 14 names maintained existing payouts, and two are not currently paying a dividend. Over 91% of names in AMEI have increased their payouts compared to a year prior.  These distributions are payable on May 18 to shareholders of record as of May 13. 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 is 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.

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.