| Allete is an energy company. Co. has three segments: Regulated Operations, which include its regulated utilities, Minnesota Power, and Superior Water, Light and Power Company, and its investment in American Transmission Company LLC; ALLETE Clean Energy, Inc., which focuses on developing, acquiring and operating renewable energy projects; and U.S. Water Services Holding Company, which provides integrated water management for industry by combining chemical, equipment, engineering and service. Co.'s Corporate and Other is comprised of BNI Energy, Inc., Co.'s coal mining operations in North Dakota, and ALLETE Properties, LLC, Co.'s real estate investment. The ALE YTD return is shown above.
The YTD Return on the ALE YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ALE YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ALE YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.