SmarterDividends

AMLP vs MLPI: Yield, Cost and Returns Compared

As of Nov 5, 2026, MLPI yields more: 14.26% (dividend yield) against 8.01% for AMLP. MLPI is cheaper to own at 0.68% a year vs 1.01%.

ComparedAMLPMLPI
YieldDividend yield8.01%14.26%
Expense ratio1.01%0.68%
Total return, 1 yr+25.5%—
Total return, 3 yr (a year)+17.9%—
Total return, 5 yr (a year)+18.1%—
Total return, 10 yr (a year)+7.4%—
PaysQuarterlyMonthly
IssuerALPSNeos
Assets$13.0B$962.0M
Started20102025
TypeEnergy Limited PartnershipEnergy Limited Partnership

Higher yield

MLPI

14.26%

Lower cost

MLPI

0.68%

Key facts: AMLP vs MLPI

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, AMLP yields 8.01% (dividend yield) and MLPI yields 14.26% (dividend yield).
  • AMLP's expense ratio is 1.01% and MLPI's is 0.68%: $101 vs $68 a year on $10,000.
  • 1 of AMLP's top ten holdings are also in MLPI's top ten, an overlap of at least 5% of the fund.
Cite this page

SmarterDividends, "AMLP vs MLPI: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/amlp-vs-mlpi

Top holdings

1 of the top ten overlap, at least 5% of each fund.

AMLP

  1. PAA Plains All American Pipeline LP14.0%
  2. MPLX MPLX LP Partnership Units13.7%
  3. EPD Enterprise Products Partners LP13.2%
  4. WES Western Midstream Partners LP13.1%
  5. ET Energy Transfer LP13.1%
  6. SUN Sunoco LP12.6%
  7. HESM Hess Midstream LP Class A7.5%
  8. CQP Cheniere Energy Partners LP4.8%
  9. USAC USA Compression Partners LP4.1%
  10. WBI WaterBridge Infrastructure LLC Ordinary Shares - Class A2.9%

MLPI

  1. WMB Williams Companies Inc9.6%
  2. ENB.TO Enbridge Inc9.5%
  3. TRP.TO TC Energy Corp8.4%
  4. KMI Kinder Morgan Inc Class P6.8%
  5. OKE ONEOK Inc6.6%
  6. LNG Cheniere Energy Inc5.5%
  7. TRGP Targa Resources Corp5.1%
  8. PPL.TO Pembina Pipeline Corp5.0%
  9. MPLX MPLX LP Partnership Units4.7%
  10. DTM DT Midstream Inc Ordinary Shares4.4%

AMLP vs MLPI: questions

Is AMLP or MLPI better?

It depends on the job. MLPI pays more today (14.26% vs 8.01%), MLPI costs less. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.

Which pays a higher dividend, AMLP or MLPI?

MLPI, at 14.26% against 8.01% for AMLP as of Nov 5, 2026. On $10,000 that's about $1,426 vs $801 a year at today's rates.

Which is cheaper, AMLP or MLPI?

MLPI, with a 0.68% expense ratio against 1.01%.

Do AMLP and MLPI hold the same things?

Partly. 1 of their top ten holdings match (MPLX), at least 5% of each fund. Owning both doubles up on those.

Related comparisons

Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. MLPI leads on 2 of 2 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.