GLOBAL X FUNDS declares quarterly distribution for MLP ETF

Global X Funds  announced the first quarterly distribution for the Global X MLP ETF (MLPA). ……

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North America’s energy supply is constantly being transported, stored and processed to meet growing demand. Energy MLPs are owners and operators of key pieces of infrastructure involved in this supply chain, and as a result may stand to benefit from continued energy use and additional investments in U.S. energy infrastructure.

Many energy MLPs operate a toll-road model for generating revenues, which generally creates a stable revenue stream, and has less direct correlation to commodity prices. Potential benefits of the Global X MLP ETF include 1099 tax reporting (no K-1s), quarterly distributions, and IRA and 401k eligibility.

The table below summarizes the distribution schedule for MLPA, as of July 2, 2012.

Ex-Date: 7/2/2012

Record Date: 7/5/2012

Payable Date: 7/12/2012

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*Based on fee data from ETF Database for existing MLP ETFs as of 06/01/2012.

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)