Seeking Alpha

Barclays will launch its SteelPath MLP ETN tomorrow

  • Through a partnership with OFI Global Asset Management, Barclays is hoping to roll out its Barclays OFI SteelPath MLP ETN (OSMS) on April 24th.
  • The fund will offer investors exposure to a basket of MLPs and limited liability companies.
  • Said Ian Merrill, Head of ETNs, Americas, at Barclays in a press release: "The MLP asset class continues to offer investors the potential for income producing investment opportunities, and this ETN provides investors strategy based exposure to midstream MLPs in an exchange-traded format."
  • Other MLP ETFs: AMLP, AMJ, MLPL, MLPI, MLPA, MLPN, EMLP, MLPS, MLPX, AMU, YMLI, ATMP, MLPW, ENFR, IMLP, MLPC
This was corrected on 04/24/2014 at 06:05 PM.
Comments (4)
  • twheels
    , contributor
    Comments (2) | Send Message
     
    Seriously doubt this has much to do with Steel.
    23 Apr 2014, 03:05 PM Reply Like
  • whiterock
    , contributor
    Comments (29) | Send Message
     
    You are quite correct. This is an error by Seeking Alpha.
    24 Apr 2014, 03:05 PM Reply Like
  • COBeeMan
    , contributor
    Comments (2099) | Send Message
     
    The ETN will be linked to the volume-weighted average price of the Barclays OFI SteelPath Midstream MLP Index, which tracks the performance of a basket of direct interests in master limited partnerships such as:
    Energy Transfer Partners LP
    Williams Partners LP
    Enbridge Energy Partners LP
    Crestwood Midstream Partners LP
    TC Pipelines LP
    Crosstex Energy LP
    Buckeye Partners LP
    Regency Energy Partners LP
    Boardwalk Pipeline Partners LP
    Exterran Partners LP
    24 Apr 2014, 03:17 PM Reply Like
  • Be Here Now
    , contributor
    Comments (5412) | Send Message
     
    Where did you find the index constituents?
    24 Apr 2014, 05:04 PM Reply Like
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