FYI: Cushing Asset Management, a longtime presence in the MLP investing space, whose indexes underlie several exchange-traded products, today entered the ETF market as an issuer, with the launch of four index-based ETFs that offer exposure to MLPs and common stocks.
The four funds in the Cushing Sector Plus family are as follows:
Cushing Energy & MLP ETF (XLEY)
Cushing Utility & MLP ETF (XLUY)
Cushing Transportation & MLP ETF (XLTY)
Cushing Energy Supply Chain & MLP ETF (XLSY)
Each comes with an expense ratio of 0.65% and lists on the NYSE Arca.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/new-etfs-combine-mlps-stocks
