PYPE

ETRACS NYSE Pickens Core Midstream Index ETN
*Unless otherwise stated, data provided by FactSet.

PYPE Fund Description

PYPE tracks a market cap-weighted index of US midstream energy stocks and MLPs, excluding certain subindustries. Holdings are screened for higher dividend yields.

PYPE Factset Analytics Insight

PYPE focuses on “core” midstream energy, which the fund’s index defines as gathering and processing, liquefaction, pipeline transportation, rail terminaling, and storage. Refiners and utility companies are excluded. PYPE includes both common stock and MLP units of companies domiciled in the US, with revenue exposure limited to the US as well. The aim is to reflect the operating fundamentals of the midstream energy industry, agnostic of legal structure. Additionally, constituents must have a dividend yield equal to or higher than the S&P 500. PYPE’s portfolio is free-float market-cap weighted, with a cap of 7.5% on individual holdings. For this exposure, PYPE charges a fairly high expense ratio.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PYPE 10.22% -1.39% 19.22% 22.84% 7.60% -- --
PYPE (NAV) 10.13% -1.50% 18.93% 22.72% 7.60% -- --
NYSE Pickens Core Midstream Index -- -- -- -- -- -- --
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PYPE Summary Data

UBS
ETRACS
08/20/18
Exchange-Traded Note
0.85%
$20.72M
$10.08K
0.64%

PYPE Portfolio Data

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6.50%
01/07/21
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PYPE Index Data

NYSE Pickens Core Midstream Index
Market Cap
Dividends
MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

PYPE Portfolio Management

0.85%
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PYPE Tax Exposures

20.00% / 39.60%
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Ordinary income
No

PYPE Fund Structure

Exchange-Traded Note
No
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UBS AG (London Branch)
Low
High
Daily

PYPE Factset Analytics Block Liquidity

As of 08/04/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PYPE. PYPE is rated a N/A out of 5.

PYPE Tradability

492
$10.08K
14
0
0.64%
$0.12
-0.05%
0.86% / -2.80%
None
100.00%
50,000
0.00
0.17%
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0
$20.68
N/A

PYPE Countries


PYPE
Segment Benchmark
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PYPE Regions


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Segment Benchmark
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PYPE Economic Development


PYPE
Segment Benchmark
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PYPE Performance Statistics

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MSCI USA IMI / Oil & Gas Storage & Transportation -SUB

PYPE Benchmark Comparison Holdings

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PYPE Benchmark Comparison Summary


PYPE
Segment Benchmark
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PYPE Benchmark Comparison Market Cap Size


PYPE
Segment Benchmark
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