Fund 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 and 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.
Fund Profile
Fund Name Morgan Stanley Cushing MLP High Income Index ETN
Fund Exchange Ticker MLPY
Fund Sponsor Morgan Stanley
Fund ISIN US61760E8460
Net Expense Ratio 0.85 %
Fund Inception Date 16 March 2011
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 CushingMLP High Income Index
Index Provider Alerian
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 17 June 2019
Asset Under Management 43.88 Million (USD)
1 Month Total Return -4.68 %
Year To Date Return 8.35 %
1 Year Total Return -11.06 %
3 Year Annualized Total Return -4.33 %
NAV 5.89
Share Outstanding 7,450,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting