LEAWOOD, Kan.–(BUSINESS WIRE)–Tortoise Index Solutions today announced upcoming additions and deletions to the Tortoise Real Yield IndexSM as part of the regular quarterly rebalancing for the first quarter of 2016, as follows. Following the close of trading on March 8, 2016, the index will be rebalanced and as a result, the following changes will become effective.
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Tortoise Real Yield IndexSM |
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| Action | Company | Ticker | ||||||||
| Addition | Agree Realty Corporation | ADC | ||||||||
| Addition | BlackRock Capital Investment Corporation | BKCC | ||||||||
| Addition | EQT GP Holdings, LP | EQGP | ||||||||
| Addition | Golar LNG Partners LP | GMLP | ||||||||
| Addition | Holly Energy Partners, L.P. | HEP | ||||||||
| Addition | Inland Real Estate Corporation | IRC | ||||||||
| Addition | Medley Capital Corporation | MCC | ||||||||
| Addition | Rouse Properties, Inc. | RSE | ||||||||
| Addition | Summit Hotel Properties, Inc. | INN | ||||||||
| Addition | Terreno Realty Corporation | TRNO | ||||||||
| Removal | Ashford Hospitality Trust, Inc. | AHT | ||||||||
| Removal | Columbia Pipeline Partners LP | CPPL | ||||||||
| Removal | Goldman Sachs BDC, Inc. | GSBD | ||||||||
| Removal | InfraREIT, Inc. | HIFR | ||||||||
| Removal | Nustar GP Holdings, LLC | NSH | ||||||||
| Removal | Solar Capital Ltd. | SLRC | ||||||||
| Removal | TIER REIT, Inc. | TIER | ||||||||
| Removal | Vanguard Natural Resources, LLC | VNR | ||||||||
The full constituent list can be viewed at www.tortoiseindexsolutions.com/tyld/constituents.
About Tortoise Index Solutions
Tortoise Index Solutions, LLC provides research-driven indices that can be used as a realistic basis for exchange-traded products and thought leadership in the universe of essential assets. Its indices are intended to fill a void in the market and provide benchmarks and investible asset class universes for use by investment professionals, research analysts and industry executives to analyze relative performance, as well as to provide a basis for passively managed exchange-traded products. Tortoise Index Solutions, LLC is affiliated with Tortoise Capital Advisors, L.L.C., a registered investment manager specializing in actively managed listed energy investing. As of Jan. 31, 2016, Tortoise Capital Advisors had approximately $11.6 billion of assets under management in listed closed-end funds, mutual funds, private funds and separate accounts. For more information about Tortoise Index Solutions, LLC visit www.tortoiseindexsolutions.com. For more information about Tortoise Capital Advisors, L.L.C., visit www.tortoiseadvisors.com.
About Tortoise Real Yield IndexSM
The Tortoise Real Yield Index is a new differentiated index that aims to track real asset exposure anchored in current income. It provides an efficient benchmark for real yielding, tax pass-through, liquid companies that distribute substantial cash flow streams to investors by investing in REITs (real estate investment trusts), MLPs (master limited partnerships) and BDCs (business development companies). The index provides a benchmark of companies with tangible essential assets that are supportive of economic activity with no commodity futures, precious metals, TIPs (Treasury Inflation-Protected Securities) or foreign currency exposure.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
The Tortoise Real Yield IndexSM is calculated by NYSE or its affiliates (“NYSE”). NYSE MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE TORTOISE REAL YIELD INDEXSM OR ANY DATA INCLUDED THEREIN. IN NO EVENT SHALL NYSE HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
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