AMLP Expense Ratio Surges To 4.86%

They did it again.  Alerian MLP ETF (AMLP), the first ETF structured as a C-corporation, raised its expense ratio for the second time this year.  It issued another prospectus supplement dated May 9, 2012 (pdf), increasing expenses from 1.40% to 4.86%.  Most ETF data sources still incorrectly list... 

Broken Product Alert: AMJ Converting To Closed-End Note

JPMorgan Chase (JPM) announced that one day soon it intends to halt new note creation for the JPMorgan Alerian MLP ETN (AMJ).  When that day arrives, AMJ will become a broken product.  Unfortunately, most shareholders, traders, and potential investors will not be made aware of this event when it... 

ETF Deathwatch for June 2012: One Year Growth Surges 127%

The number of names on ETF Deathwatch climbs by a dozen for June with nineteen new additions and seven deletions.  The new count stands at 336, consisting of 237 ETFs and 99 ETNs.  This is an astonishing 127% increase from the 148 names of a year ago.  Excluded from eligibility are 129 of the 1,465... 

ETF Stats for May 2012: 157 Exceed $1 Billion AUM

A grand total of 1,465 ETPs were listed for trading as of May 31.  The count consists of 1,249 ETFs and 216 ETNs.  Just eight new products came to market in May and none closed.  So far in 2012, introductions totaled 113 (100 ETFs and 13 ETNs) and closures numbered 17 ETFs and no ETNs.  The actively...