Fund Description
The C-Tracks ETNs on the Miller/Howard MLP Fundamental Index (the Index ), Series B, which we refer to as the C-Tracks , are unsecured debt securities issued by Citigroup Global Markets Holdings Inc. and guaranteed by Citigroup Inc. The C-Tracks are designed for investors who seek exposure to the performance of the Index and any distributions that may be paid on the securities included in the Index, reduced by an accrued investor fee as described below. The Index is a rules-based proprietary index developed by Miller/Howard Investments, Inc., designed to measure the performance of 25 master limited partnerships ( MLPs ) selected by a methodology based upon quantitative fundamental factors of publicly traded MLPs. The methodology tracked by the Index (the Methodology ) is intended to provide exposure to a target basket of 25 MLPs selected using certain quantitative fundamental factors of MLPs, including distribution growth, estimated capital expenditures and distribution coverage. The Methodology aims to achieve this through a quarterly, rules-based selection of MLPs to be included in the Index for the following quarter based on certain observable fundamental factors.
Fund Profile
Fund Name C-Tracks ETNs on the Miller/Howard MLP Fundamental Index
Fund Exchange Ticker MLPE
Fund Sponsor Citi Fund Management
Fund ISIN US17324P8591
Net Expense Ratio 0.85 %
Fund Inception Date 8 August 2016
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name Miller/Howard MLP Fundamental Index
Index Provider MillerHoward Strategic Indexes LLC
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 24 June 2019
Asset Under Management 20.79 Million (USD)
1 Month Total Return -0.68 %
Year To Date Return 11.42 %
1 Year Total Return -1.26 %
3 Year Annualized Total Return
NAV 20.785
Share Outstanding 1,000,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting