ETRACS Linked to the NYSE® Pickens Core Midstream Index

  • Current Indicative Value
  • 12/11/2019 | 10:53 am
  • USD 19.88
  • Current Spot Price USD 19.84
  • 12/11/2019 | 10:53 am

Index Profile

Underlying Index NYSE® Pickens Core Midstream Index
Ticker symbol NYPYPE
CUSIP --

About the index

The NYSE® Pickens Core Midstream™ Index measures the performance of the common stock of corporations and units of MLPs which are intended to represent U.S. midstream energy fundamentals, agnostic of entity structure. The Index is calculated by the Index Sponsor using a modified free-float market capitalization weighted methodology. The Index constituents are intended to reflect pure (core) midstream energy exposure, with the aim of getting as close as possible, using publicly traded instruments, to the underlying assets and operating results of the core midstream sector, and limiting the potential effect of financial engineering via General Partners and Incentive Distribution Rights. As of August 1, 2018, there were 29 Index constituents. The Index was launched on July 2, 2018 and has no performance history prior to that date.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
NYSE® Pickens Core Midstream Index -- -- -- -- --

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index or the ETN is not an indication of future performance. Future performance of the Index or the ETN may differ significantly from historical performance, either positively or negatively.

*Historical Returns for the ETN are calculated on the basis of intraday indicative value.

Index Historical Returns presented are based on intraday levels.

The ETRACS ETNs are subject to investor fees. As a result, the return on the ETNs will always be lower than the total return on a direct investment in the Index or the Index constituents.

 

Constituent Weightings

Name Ticker symbol % Weight
Energy Transfer Partners LP ETP 8.83
Kinder Morgan Inc KMI 7.43
Enterprise Products Partners LP EPD 7.25
Magellan Midstream Partners LP MMP 7.04
ONEOK Inc OKE 7.02
Targa Resources Corp TRGP 5.53
Williams Companies Inc WMB 5.48
PLAINS ALL AMERICAN PIPELINE LP PAA 5.33
MPLX LP MPLX 4.99
Buckeye Partners LP BPL 3.24

 

NYSE as of August 10, 2018.