At a glance
ATMP charges 0.95% a year, above the 0.88% average of the 7 funds most like it (the 6th cheapest of 8). It has $534.2M in assets, the 6th largest of that group; it paid 4.44% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +35.5% with distributions reinvested (S&P 500: +11.5%), the best of those 8 funds; over three years it returned +26.5% a year. At its worst it fell 61.8% in the 2020 crash (S&P 500: 33.7%) and 23.0% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 12 months and 11 months after the lows.
The short version
Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded note. That means it is unsecured Barclays debt that pays the return of an index of master limited partnerships (MLPs), which are mostly energy infrastructure businesses, minus fees. It owns no MLPs itself, so Barclays' credit matters. Its 0.95% expense ratio is above the 0.88% peer average. Its 35.5% one-year return ranked first among similar funds as of October 27, 2026.
Price history
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ATMP +35.5% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| ATMP price data to Oct 27, 2026 | +29.5% | +35.5% | +26.5% | +22.6% | +12.2% | +9.5% |
- Over the year to Oct 27, 2026, ATMP returned +35.5%, 1st of 8 among similar funds.
- Its 5-year annualized return was +22.6% and its 10-year +12.2%.
- In the 2020 COVID crash it fell 61.8% and regained its old high 11.7 months after the low.
- Its worst full calendar year was 2015 (-35.2%); its best was 2021 (+45.5%).
- The deepest fall in its price history was 72.9% (Sep 19, 2014 to Mar 18, 2020), recovered by Mar 25, 2022.
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +29.5% |
| 2025 | +7.0% |
| 2024 | +38.7% |
| 2023 | +21.6% |
| 2022 | +27.4% |
| 2021 | +45.5% |
| 2020 | -24.1% |
| 2019 | +8.8% |
| 2018 | -9.5% |
| 2017 | -7.1% |
| 2016 | +34.9% |
| 2015 | -35.2% |
| 2014 | +15.7% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 55.9% over that stretch · deepest drop along the way 61.8%, back to its old high 11.7 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Gained 17.1% over that stretch · deepest drop along the way 23%, back to its old high 11 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $1.2000 | |
| 2025 | $1.4800 | +11.3% |
| 2024 | $1.3300 | +9.9% |
| 2023 | $1.2100 | +17.5% |
| 2022 | $1.0300 | -24.0% |
| 2021 | $1.3552 | -20.8% |
| 2020 | $1.7108 | +13.4% |
| 2019 | $1.5086 | +30.1% |
| 2018 | $1.1600 | +0.9% |
| 2017 | $1.1500 | -11.5% |
| 2016 | $1.3000 | -13.3% |
| 2015 | $1.4999 | +37.6% |
| 2014 | $1.0900 |
How it works
ATMP is not a fund. It is an exchange-traded note (ETN), a type of unsecured bond issued by Barclays Capital that trades on an exchange like a stock. Barclays promises to pay holders the return of an MLP index, minus fees. Master limited partnerships are publicly traded partnerships, mostly in energy infrastructure such as pipelines and storage. They are known for paying out much of their cash to owners.
Because ATMP is a debt promise, there is no portfolio and no holdings report. Nothing is held for investors, so there are no largest holdings to list. This page doesn't have the index's rules for choosing, weighting and rebalancing its MLPs. Barclays sets those out in the note's offering documents.
Holders should understand three mechanical points. First, the payout depends on Barclays being able to pay. If the bank failed, holders would stand in line with its other unsecured creditors, even if MLPs were doing well. Second, the issuer can redeem the notes early, which could force holders out at an awkward time. Third, like other ETNs, the note's market price can drift above or below the value of the index it tracks, especially if the issuer stops creating new notes.
What it really costs
- ATMP charges 0.95% a year, versus an average of 0.88% for the similar funds below (6th of 8, cheapest first).
Structure and tax notes
- An exchange-traded note: unsecured debt of the issuing bank, not a fund. It owns no assets on investors’ behalf; it pays the index return minus fees only as long as the issuer can pay, so the bank’s credit matters, and the issuer can redeem the notes early.
In a retirement portfolio
Its narrow focus on energy-infrastructure partnerships, a past 72.9% drop and its dependence on Barclays' credit make it a higher-risk add-on rather than a dependable income anchor.
ATMP is an exchange-traded note (ETN): unsecured Barclays debt paying, minus fees, the return of an index of master limited partnerships (MLPs), energy-infrastructure businesses. It holds no assets for investors, so Barclays' credit matters, and the bank can redeem the notes early. Launched after 2008, it fell 61.8% in the 2020 COVID crash and took almost a year to recover. During 2022's stock slump it rose 17.1%, though a 23% summer drop took 11 months to recover. Its worst year was 2015 (−35.2%). Its deepest drop, 72.9% from September 2014 to March 2020, wasn't recovered until March 2022. Anyone selling or drawing income then locked in steep losses.
It yielded 4.44% over the year to October 27, 2026, paid quarterly. Its 0.95% yearly fee tops the 0.88% peer average; MLPX charges 0.45%. Past results don't predict the future; a plan should weigh the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want MLP and energy pipeline exposure through a single exchange-traded security that pays quarterly, with a 4.44% trailing yield as of October 27, 2026.
- People who accept that returns depend on Barclays' ability to pay, in exchange for tracking an MLP index without owning partnership units.
- Investors sizing a small satellite position who can live through drops like its 61.8% fall in early 2020.
Look elsewhere if
- Anyone who wants a fund that actually owns its assets; peers like Alerian MLP ETF (AMLP) hold securities rather than relying on a bank's promise.
- Cost-conscious investors: its 0.95% expense ratio is well above the 0.40% to 0.45% charged by TPYP, MLPX and MLPA.
- Retirees who may need to sell in a downturn; its 72.9% peak-to-trough decline took until March 2022 to recover.
Close alternatives
Matched by legacy category (no holdings report for this fund).
| Fund | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|
| ATMP this fund | 0.95% | $534.2M | +35.5% | +26.5% |
| AMLP Alerian MLP ETF | 0.85% | $10.80B | +22.5% | +17.4% |
| EMLP First Trust North American Energy Infrastru… | 0.95% | $3.30B | +18.7% | +22.9% |
| MLPX Global X MLP & Energy Infrastructure ETF | 0.45% | $2.80B | +32.9% | +27.2% |
| MLPA Global X MLP ETF | 0.45% | $1.90B | +22.1% | +15.9% |
| TPYP Tortoise North American Pipeline Fund | 0.4% | $748.0M | +28.5% | +26.2% |
| AMZA InfraCap MLP ETF | 2.18% | $452.8M | +34.5% | +21.9% |
| UMI USCF Midstream Energy Income Fund ETF | 0.85% | $373.4M | +32.9% | +26.7% |
Questions investors ask
Is ATMP an ETF or an ETN?
ATMP is an ETN, an exchange-traded note, not an ETF. It is unsecured debt issued by Barclays that pays the return of an MLP index minus fees. It owns no assets on investors' behalf, so its value depends on Barclays being able to pay. Barclays can also redeem the notes early. An ETF, by contrast, holds a portfolio of securities kept separate from the sponsor's own finances.
Does ATMP pay monthly dividends?
No, ATMP pays quarterly. Over the 12 months to October 27, 2026, it paid $1.60 per share, a trailing yield of 4.44%. Because ATMP is a note, these are payments from Barclays tied to the index rather than dividends from shares in a fund. The amount can change, since MLP payouts rise and fall with the businesses' cash flow and with energy markets.
What's the difference between ATMP and AMLP?
Both track MLPs, but AMLP (Alerian MLP ETF) is a fund that holds securities, while ATMP is Barclays debt. AMLP charges 0.85% against ATMP's 0.95% and had about $10.8 billion in assets against ATMP's $534.2 million. As of October 27, 2026, ATMP returned 35.5% over one year and 26.5% a year over three years. AMLP returned 22.5% and 17.4%. ATMP also carries Barclays' credit risk.
What happens to ATMP if Barclays goes bankrupt?
Holders could lose much or all of their money, even if MLPs were doing well. ATMP is an unsecured promise from Barclays, not a claim on a pool of assets. In a default, note holders would rank alongside the bank's other unsecured creditors. That credit risk is the main structural difference between ATMP and MLP funds that hold securities directly.
How much did ATMP drop in 2020?
ATMP fell 61.8% from February 20 to March 18, 2020, during the COVID crash. It regained its prior peak on March 10, 2021, about 11.7 months later, and ended 2020 down 24.15%. The 2020 low was also the bottom of its deepest decline: a 72.9% fall from September 2014. It did not fully recover from that until March 2022.