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 second quarter of 2016, as follows. Following the close of trading on June 8, 2016, the index will be rebalanced and as a result, the following changes will become effective.
Tortoise Real Yield IndexSM
|Addition||CareTrust REIT, Inc.||CTRE|
|Addition||Columbia Pipeline Partners LP||CPPL|
|Addition||Four Corners Property Trust, Inc.||FCPT|
|Addition||Teekay Offshore Partners L.P.||TOO|
|Addition||TPG Specialty Lending, Inc.||TSLX|
|Removal||Dominion Midstream Partners, LP||DM|
|Removal||EQT GP Holdings, LP||EQGP|
|Removal||Global Net Lease, Inc.||GNL|
|Removal||Holly Energy Partners, L.P.||HEP|
|Removal||Medley Capital Corporation||MCC|
|Removal||New Senior Investment Group Inc.||SNR|
|Removal||NorthStar Realty Europe Corp.||NRE|
|Removal||PennantPark Investment Corp.||PNNT|
|Removal||Terreno Realty Corporation||TRNO|
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 April 30, 2016, Tortoise Capital Advisors had approximately $14.1 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.
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