April Update: Mlpn Exchange Traded Note Linked to the Cushing(R) 30 Mlp Index ; Product Provides Cushing(R) 30 Mlp Index Exposure On Nyse Arca
U.S. Newswire › April 04, 2011
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Summary
NEW YORK, April 4, 2011 /PRNewswire/ -- The Cushing(R) 30 MLP Index ETN (The "ETN") (NYSE Arca: MLPN) are senior unsecured debt securities linked to the performance of the Cushing(R) 30 MLP Index (the "Index"), and may pay a variable quarterly coupon linked to the cash distributions paid on the constituent MLPs in the Index, as reduced by the multiplier and the investor fee.
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Extract
April Update: Mlpn Exchange Traded Note Linked to the Cushing(R) 30 Mlp Index ; Product Provides Cushing(R) 30 Mlp Index Exposure On Nyse Arca
Ticker: MLPN
CUSIP: 22542D852ETN Annual Investor Fee: 0.85%Inception Date: April 13, 2010ETNs outstanding as of April 1, 2011: 5,014,441Average daily volume as of April 1, 2011: 103,256High since inception: 25.36 (closing high)Low since inception: 18.01 (closing low)More information on the Cushing(R) 30 MLP Index...See the full content of this document
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