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Thursday, Sep 26
Another fund hits the crowded MLP sector
- The MLP ETN space gets another competitor, with Citigroup launching the C-Tracks M/H MLP ETN (MLPC). The tracked index follows 25 energy MLPs selected quarterly based upon certain quantitative fundamental factors.
- The sector giant is the Alerian MLP (AMLP) with $6.9B in AUM.
- Others: AMJ, AMLP, MLPG, MLPI, MLPN, MLPY, MLPL, MLPW, MLPS, YMLP, MLPA, EMLP, AMU, IMLP, MLPJ, ATMP, YMLI.