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 third quarter of 2016, as follows. Following the close of trading on Sept. 9, 2016, the index will be rebalanced and as a result, the following changes will become effective.
Tortoise Real Yield IndexSM
|Addition||Rice Midstream Partners LP||RMP|
|Addition||Easterly Government Properties, Inc.||DEA|
|Addition||Forest City Realty Trust, Inc.||FCE/A|
|Addition||Franklin Street Properties Corp.||FSP|
|Addition||Global Net Lease, Inc.||GNL|
|Addition||MGM Growth Properties LLC||MGP|
|Addition||National Storage Affiliates Trust||NSA|
|Addition||New Senior Investment Group Inc.||SNR|
|Addition||Silver Bay Realty Trust Corp.||SBY|
|Addition||Terreno Realty Corporation||TRNO|
|Addition||Medley Capital Corporation||MCC|
|Removal||BlackRock Capital Investment Corporation||BKCC|
|Removal||CareTrust REIT, Inc.||CTRE|
|Removal||Summit Midstream Partners, LP||SMLP|
|Removal||Teekay LNG Partners, L.P.||TGP|
|Removal||TPG Specialty Lending, Inc.||TSLX|
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 July 31, 2016, Tortoise Capital Advisors had approximately $14.9 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.
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.
The Tortoise Real Yield IndexSM is the exclusive property of Tortoise Index Solutions, LLC. No portion of this publication may be reproduced in any format or by any means including electronically or mechanically, by photocopying, or by any other form or manner whatsoever, without the prior written consent of Tortoise Index Solutions, LLC.
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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.