ETF Watch: Roughly 30 Funds Closed In First Half Of 2016

Jun 24, 2016

Reviewed by: etf.com Staff

Edited by: etf.com Staff

While launches are keeping pace with last year’s record level, with 112 launches year-to-date, closures have been on the muted side. Roughly 100 funds shut down in 2015, but six months into 2016, only about 30 funds have shut their doors.

The most recent was the Barclays OFI SteelPath Midstream MLP ETN (OSMS), which saw its last day of trading on Wednesday. Although MLPs have been popular investments lately because of their potential for yield and income, OSMS never really took off after being rolled out in 2014.

Contact Heather Bell at [email protected].

etf.com Staff

| Contact: [email protected]

etf.com is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At etf.com, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.

View Bio Follow Author