Morgan Stanley Cushing MLP High Income Index ETN (MLPY) - NYSEARCA
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MLPY Description
The Exchange Traded Notes (ETNs) are based on the performance of the Cushing® MLP High Income Index (the Index), which is a criteria-weighted index tracking the performance of 30 Master Limited Partnerships (MLPs) which hold energy infrastructure and related shipping assets in North America.  These Index constituents are chosen for having the highest current indicative yields among MLPs meeting certain criteria1.  The quarterly coupon payments are linked to the cash distributions paid on the MLPs in the Index, less accrued tracking fees.  The ETNs are senior, unsecured debt obligations of Morgan Stanley.
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Country: United States
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