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SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the Global X Funds.

Check the background of SIDCO and Global X's Registered Representatives on FINRA's BrokerCheck.

Content
Alternatives & Specialty EquityReal Assets

MLPA

MLP ETF

Passive

Investment Strategy

Portfolio Implementation

The Case for MLPA

High Income Potential
Midstream Exposure
Pure-Play MLP Access

Related Product Research

Related funds

Real Assets

MLPX

MLP & Energy Infrastructure ETF

View Fund
Preferreds

PFFD

U.S. Preferred ETF

View Fund
Commodities

LNGX

U.S. Natural Gas ETF

View Fund

Documents

View Supplemental Tax Documents

  • Proxy Voting
  • Fact Sheet
    PDF|477 KB
  • Index Methodology Summary
    PDF|204 KB

  • Summary Prospectus
    PDF|221 KB
  • Statutory Prospectus
    PDF|2.7 MB
  • Statement of Additional Information
    PDF|1.4 MB
  • Annual Financial Statements *
    PDF|2.8 MB
  • Annual Shareholder Report
    PDF|245 KB
  • Semi Annual Shareholder Report
    PDF|174 KB
  • Q1 Complete Holdings
    PDF|234 KB
  • Q3 Complete Holdings
    PDF|255 KB
  • Semi Annual Financial Statements **
    PDF|3.0 MB
*
**

MLPX provides access to Master Limited Partnerships (MLPs) and similar entities, such as the General Partners of MLPs and energy infrastructure corporations, offering exposure to companies involved in the transportation, storage, and processing of energy commodities.

PFFD invests in a broad basket of U.S. preferred stocks, delivering benchmark-like exposure to the preferred securities asset class. Preferreds sit between bonds and common equity in a company's capital structure, offering a distinct income-and-risk profile. The Fund seeks to pay distributions monthly.

LNGX seeks to provide exposure to U.S. companies with exposure to the Natural Gas and Natural Gas Liquids (NGLs) value chain, including those engaged in the exploration, production, and initial processing of Natural Gas and NGLs, as well as transportation, storage, processing, and liquefaction infrastructure for export.

MLPA can complement energy allocations by offering targeted exposure to companies structured as MLPs, whose fee-based business models are designed to be less tied to energy prices than other parts of the energy sector.

The ETF structure also lets investors access MLPs without the K-1 tax forms typically required when investing directly in MLPs, while historically meaningful distribution rates may appeal to income-oriented investors looking for a potential inflation hedge alongside traditional stock and bond holdings.

MLPs typically pay high yields to investors because they do not pay corporate income taxes.

MLPA invests in midstream pipelines and storage facilities that have less sensitivity to energy prices.
 

MLPA provides access to a basket of the largest and most liquid MLPs through an efficient ETF solution, without the burden of K-1s typically required when investing directly in MLPs.

Product ResearchMLPsEquity Income Strategies

Energy & MLP Insights: Record-High U.S. Oil and Gas Output Requires Midstream Infrastructure

With diversification potential and inflation pass-through capabilities, midstream equities may provide unique energy exposure to investor portfolios.

R

Rohan Reddy

Oct 20, 20236 min read
Product ResearchMLPsEquity Income Strategies

Energy & MLP Insights: Midstream Sector Can Gain From M&A Activity and Energy Supply Dynamics

U.S. midstream pipelines, which continue to show high yields and attractive valuations, are increasingly turning to mergers and acquisitions for growth.

R

Rohan Reddy

Jun 29, 20237 min read
Product ResearchCommoditiesEnergy Infrastructure

Energy & MLP Insights: Market Implications of a Third Gulf War

The War in Iran could impair energy output and thus reshape supply chains. It also highlights the growing importance of North American energy infrastructure.

K

Kenny Zhu

Apr 1, 202612 min read
View All Product Research

The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

Total Expense Ratio
0.77%
NAV
$53.95
As of Oct 16, 2026
Distribution Frequency
Quarterly
Distribution Rate
7.50%
Morningstar Rating™

Overall rating out of 89 Energy Limited Partnership funds, based on risk-adjusted returns as of Sep 30, 2026.

Holdings

As of Oct 16, 2026

Net Assets (%)
Ticker
Name
SEDOL
Market Price ($)
Shares Held
Market Value ($)
15.34%ETENERGY TRANSFER LPB0WHXD2$20.2617,886,578$362,382,070
13.48%EPDENTERPRISE PRODUCTS PARTNERS2285388$36.828,650,204$318,500,511
12.79%MPLX

Holdings are subject to change. "Cash" denotes U.S. dollars.

Distributions

Oct 16, 2026

30-Day SEC Yield

7.22%

Trailing 12-Month Distribution (%)1

7.66%

Distribution Rate2

7.50%

Performance

Returns

As of recent(Sep 30, 2026)
Metric
1 Year
3 Year
5 Year
10 Year
Since Inception
Fund NAV
+18.43%+14.44%+17.12%+5.89%+4.28%
Market Price
+18.70%+14.45%+17.11%+5.87%+4.28%
Index
+22.84%+18.06%+20.69%+7.72%+6.38%
  1. Index performance consists of the Solactive MLP Composite Index from the inception of the Fund through March 31, 2015, and the Solactive MLP Infrastructure (Gross) Index going forward.

  2. Past performance does not guarantee future results. The performance data quoted represents past performance. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
  3. Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

Daily Premium / Discount

Latest Premium / Discount

As of Oct 16, 2026

  • NAV
    $53.95
  • Market Price
    $54.06
  • Premium / (Discount)
    $0.11
  • Premium / Discount
    0.198%

Current View Q4 2026

As of Oct 16, 2026

  • Days at Premium
    11
  • Days at NAV
    0
  • Days at Discount
    1
  • Greatest Premium
    0.424%
  • Greatest Discount
    -0.037%

Premium / Discount History — Q4 2026

As of Oct 16, 2026

Hypothetical Growth of $10,000

As of Oct 16, 2026

  • Overview
  • Investment Strategy
  • Performance
  • Holdings
  • Distributions
  • Portfolio Analytics
  • Documents

Portfolio Analytics

Risk Stats & Characteristics

Risk Stats

As of Sep 30, 2026

Versus
Beta
  • S&P 500
    -0.06
  • NASDAQ-100
    -0.09
  • MSCI EAFE
    -0.08
  • MSCI Emg. Mkts
    -0.06
  • Standard Deviation
    13.10%

Characteristics

As of Oct 16, 2026

  • Return on Equity
    24.40%
  • Weighted Avg. Market Cap
    $31.27 billion
20252026
  • Price-to-Earnings
    17.61

Source: AltaVista Research, LLC

Overview

About This Fund

The Global X MLP ETF (MLPA) invests in some of the largest, most liquid midstream Master Limited Partnerships (MLPs).

Distributions may contain return of capital.

How the Fund Works

The Global X MLP ETF (MLPA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Infrastructure Index.

The Index is designed to track the performance of companies structured as Master Limited Partnerships (MLPs) that own and operate assets central to energy logistics, including pipelines, storage facilities, compression services, and other assets used in transporting, storing, gathering, and processing natural gas, natural gas liquids, crude oil, and refined products. Eligible constituents must be listed on U.S. regulated exchanges, structured as MLPs, and focused on energy logistics infrastructure.

Highlights

  • Midstream MLP screen
  • Passively managed
  • 1099 reporting
  • No K-1s for investors
  • Quarterly distribution schedule

Fund Details

As of Oct 16, 2026

  • Ticker
    MLPA
  • Total Expense Ratio
    0.77%
  • Inception Date
    04/18/12
  • Net Assets
    $2.36 billion
  • Shares Outstanding
    43,798,637
  • Number of Holdings
    20
  • Primary Exchange
    NYSE Arca
  • CUSIP
    37954Y343
  • Bloomberg Index Ticker
    MLPAMIDG
  • ISIN
    US37954Y3430
  • 30-Day Median Bid-Ask Spread
    0.09%
  • Distribution Frequency
    Quarterly
View Distribution History

ETF Prices

As of Oct 16, 2026

  • NAV
    $53.95
  • Daily Change
    $0.76 / 1.43%
  • Market Price
    $54.06
  • Daily Change
    $0.64 / 1.20%

Taxes

As of Oct 15, 2026

  • Effective Tax Rate
    21.98%
  • Ordinary Income Deferred Tax Asset/(Liability)
    -$102,838,130.00

    Accrual Factor: 19.19% of gains/losses + 3.00% per annum of net assets1

  • Capital Gains Deferred Tax Asset/(Liability)
    -$112,733,001.00
  • Total Net Deferred Tax Asset/(Liability)
MPLX LP
B847R56
$58.16
5,198,139
$302,323,764
12.19%PAAPLAINS ALL AMER PIPELINE LP2311960$25.2511,403,276$287,932,719
10.13%WESWESTERN MIDSTREAM PARTNERS LBJ552C8$44.625,363,458$239,317,496
9.33%SUNSUNOCO LPBRTR130$73.263,009,265$220,458,754
7.36%CQPCHENIERE ENERGY PARTNERS LPB1VNH36$63.572,737,475$174,021,286
7.31%HESMHESS MIDSTREAM LP - CLASS ABKPK695$30.665,633,044$172,709,129
5.81%USACUSA COMPRESSION PARTNERS LPB83VQY1$25.525,379,979$137,297,064
4.47%GELGENESIS ENERGY L.P.2372257$14.247,424,860$105,730,006

What is Premium/Discount Chart?

The Premium/Discount chart demonstrates the difference between the daily market price of shares of the Fund and the Fund's net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment at the first trading date of the period shown and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.
12.75
  • Price-to-Book Value
    3.173.05
  • -$215,571,131.00

    The ETF will accrue a Valuation Allowance equal to the inverse of any deferred tax asset, resulting in an adjusted net deferred of $0 for that income character. The fund will not accrue a Valuation Allowance against a deferred tax liability. Valuation Allowance refers to a balance sheet line item that offsets all or a portion of the value of a company's deferred tax assets because the company doesn't expect it will be able to realize this value.

    1The accrual factor is an estimation by the Fund used to calculate Ordinary Income Deferred Tax Asset/(Liability). Accrual Factor is expected to be updated on or about May 31st of each year.

    Distribution Frequency

    Quarterly

    Record Date
    Payable Date
    Amount
    Nov 9, 2026Nov 9, 2026Nov 13, 2026-
    Aug 10, 2026Aug 10, 2026Aug 13, 2026$1.02
    May 11, 2026May 11, 2026May 14, 2026$1.02
    Feb 9, 2026Feb 9, 2026Feb 12, 2026$1.00
    1. 1

      The distribution as a percentage an investor would have received if they had held the fund over the last twelve months, assuming the most recent NAV. The Trailing 12-Month Distribution (%) is calculated by summing any income, capital gains and return of capital distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the same period. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the 19a Notice. These do not imply rates for any future distributions.

    2. 2

      The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the 19a Notice. These do not imply rates for any future distributions.

    History
    As of