Author plans to sell AMLP and buy NEOS's new MLPI fund, preferring its monthly distributions and identical holdings, while noting no K-1 tax form.
MLPI — LONG The author is a fan of NEOS funds (holding SPYI, QQQI, IAUI, IYRI, BTCI) and plans to sell AMLP to buy the new NEOS MLPI fund. The rationale is a preference for MLPI's monthly distributions over AMLP's, with the holdings described as all the same, and the author believes there is no K-1 with MLPI, just a 1099 from the regular brokerage. The author states the K-1/1099 treatment is not fully confirmed, which is the main open risk.
I currently hold AMLP but I am thinking of dumping that and picking up MLPI, I like the monthly distros better and the holdings are all the same.
AMLP — AVOID The author plans to sell their AMLP position in favor of NEOS's new MLPI fund. The stated reason is a preference for MLPI's monthly distributions versus AMLP's, with the holdings described as all the same. The author notes the K-1/1099 tax treatment of MLPI is not fully confirmed.
I currently hold AMLP but I am thinking of dumping that and picking up MLPI, I like the monthly distros better and the holdings are all the same.
This Reddit post, published January 26, 2026, features u/Jhaggy1095 discussing MLPI, AMLP. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: u/Jhaggy1095 · Tickers: MLPI, AMLP