ETF Evaluator: Barclays ETN+ Select MLP () Follow This ETF

Barclays ETN+ Select MLP Overview

Barclays ETN+ Select MLP (ATMP) is a passively managed Sector Equity Energy Limited Partnership exchange-traded fund (ETF). Barclays launched the ETF in 2013.

The investment seeks to linked to the performance of the CIBC Atlas Select MLP Index. The index is designed to provide exposure to a basket of midstream U.S. and Canadian master limited partnerships, limited liability companies and corporations (collectively, the "Index Constituents") that trade on major U.S. exchanges, are classified in the GICS®Energy Sector or GICS® Gas Utilities Industry according to the GICS and meet certain eligibility criteria, including long-term credit rating, the portion of cash flow driven by mid-stream operations and size as measured by free-float market capitalization and average daily trading value.

About Barclays ETN+ Select MLP (ATMP)

There are 1 members of the management team with an average tenure of 13.39 years: No Manager (2013). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: CIBC Atlas Select MLP TR USD index with a weighting of 100%. Barclays ETN+ Select MLP has securities in its portfolio. The top 10 holdings constitute 0.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

Barclays ETN+ Select MLP is part of the Equity global asset class and is within the Sector Equity ETF group. Barclays ETN+ Select MLP has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Barclays ETN+ Select MLP has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $675 million in total assets, which is below the $1 billion average for the Energy Limited Partnership category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ATMP Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Barclays ETN+ Select MLP expense ratio is high compared to funds in the Energy Limited Partnership category. Barclays ETN+ Select MLP has an expense ratio of 0.95%, which is 25% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Barclays ETN+ Select MLP has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 21% for the Energy Limited Partnership category.

Recently, in the month of July 2026, Barclays ETN+ Select MLP returned 4.6%, which earned it a grade of C, as the Energy Limited Partnership category had an average return of 4.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Barclays ETN+ Select MLP has a trailing yield of 4.37%, which is below the 5.06% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Barclays ETN+ Select MLP Grades

Year to date, the ETF has returned 28.8%, 3.7 percentage points better than the category, which translates into a grade of A. The fund has returned 29.1% over the past year (grade of A), 26.3% over the past three years (grade of B) and 24.9% per year over the past five years (grade of A) and 11.3% per year over the past 10 years (grade of C).

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