JPMorgan Alerian MLP Index ETN (AMJ)
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US46625H3654 • Energy Limited Partnership
The JPMorgan Alerian MLP Index ETN (NYSE ARCA:AMJ) is an exchange-traded note that tracks the performance of midstream energy Master Limited Partnerships (MLPs). These MLPs are publicly traded partnerships that generate cash flow by operating energy infrastructure such as pipelines, storage facilities, and processing plants.
By investing in the AMJ ETN, you'll gain exposure to a diversified portfolio of MLPs, which can provide a unique combination of income generation and potential capital appreciation. The index is designed to capture the performance of the midstream energy sector, which is critical to the transportation and storage of oil and natural gas.
The ETN is issued by JPMorgan Chase & Co. and is listed on the NYSE Arca exchange under the ticker symbol AMJ. As a result, investors can easily buy and sell shares on an exchange, just like individual stocks.
It's worth noting that the JPMorgan Alerian MLP Index ETN is a debt security, which means that it represents a promise by JPMorgan Chase & Co. to pay the return of the underlying index. This can provide a level of predictability and transparency for investors seeking exposure to the midstream energy sector.
Overall, the AMJ ETN offers a convenient and efficient way to tap into the growth and income potential of midstream energy MLPs, making it an attractive option for investors seeking to diversify their portfolios and generate income.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
AMJ ETF Overview
Market Cap in USD | 564m |
Category | Energy Limited Partnership |
TER | 0.85% |
IPO / Inception | 2009-04-02 |
AMJ ETF Ratings
Growth 5y | 6.02 |
Fundamental | - |
Dividend | 6.72 |
Rel. Performance vs Sector | 0.67 |
Analysts | - |
Fair Price Momentum | 28.65 USD |
Fair Price DCF | - |
AMJ Dividends
Yield 12m | 5.89% |
Yield on Cost 5y | 9.63% |
Dividends CAGR 5y | -1.73% |
Payout Consistency | 94.2% |
AMJ Growth Ratios
Growth 12m | 32.63% |
Growth Correlation 12m | 90% |
Growth Correlation 3m | 45% |
CAGR 5y | 10.29% |
CAGR/Mean DD 5y | 0.72 |
Sharpe Ratio 12m | 2.13 |
Alpha vs SP500 12m | 4.03 |
Beta vs SP500 5y weekly | 1.01 |
ValueRay RSI | 35.64 |
Volatility GJR Garch 1y | 18.50% |
Price / SMA 50 | 1.49% |
Price / SMA 200 | 12.03% |
Current Volume | 494.6k |
Average Volume 20d | 598.6k |
External Links for AMJ ETF
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of May 19, 2024, the stock is trading at USD 28.60 with a total of 494,580 shares traded.
Over the past week, the price has changed by +0.42%, over one month by +4.72%, over three months by +6.89% and over the past year by +34.56%.
According to ValueRays Forecast Model, AMJ JPMorgan Alerian MLP Index ETN will be worth about 32 in May 2025. The stock is currently trading at 28.60. This means that the stock has a potential upside of +11.71%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 32 | 11.7 |