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ALERIAN MLP ETF TAX UPDATE
Maui Land & Pineapple panyMaui Land & Pineapple pany(US:MLP) prnewswire.com·2024-05-16 00:44

DENVER, May 15, 2024 /PRNewswire/ -- Alerian MLP ETF (the "Fund" or "AMLP") has modified the estimate of the Fund's deferred tax liability based on information reported by the Master Limited Partnerships (MLPs) and recorded an additional tax accrual of approximately $32.1 million (approximately $0.18 per share) into the net asset value (NAV) of the Fund on May 16, 2024. As part of the additional tax accrual, the Fund's deferred tax liability (DTL) has increased due to tax reporting received from the underly ...