About BMO Dorsey Wright MLP Index Exchange Traded Notes
The investment seeks to link to the performance of the DWA MLP Select? Index (the ?index?). The index includes 15 master limited partnerships (?MLPs?) based on the proprietary Dorsey Wright Relative Strength Ranking Methodology. By comparing the price relationship between each MLP, the index seeks to determine which MLPs are currently showing outperformance relative to their peers within the Index universe. Address:
BMO Dorsey Wright MLP Index Exchange Traded Notes News and around…
Latest news about BMO Dorsey Wright MLP Index Exchange Traded Notes (BMLP) common stock and company :
Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced the quarterly coupon amount for the Dorsey Wright MLP Index ETNs due December 10, 2036 (NASDAQ: BMLP) (the "Notes"). The table below summarizes the coupon amount for the Notes.
These were last week’s top performing ETFs. We’ve excluded funds that use leverage or make inverse bets on their underlying assets. This past week’s big winner was uranium. Both the top performer, the North Shore Global Uranium Mining ETF (URNM), and the Global X Uranium ETF (URA C+) had impressive runs. URA had the added bonus of over $23 million inflows for the week, 14.5% of its AUM. URNM’s smaller $3 million in new assets still account for almost 13% of its total assets. The two funds are the only pure play buy into the uranium space. While URNM focuses solely on the mining components, URA seeks a broader application focus, investing in technology and nuclear component producers as well.
BMO Dorsey Wright MLP Index Exchange Traded Notes (BMLP) is a NASDAQ Common Stock listed in Common Stock