C-Tracks Exchange-Traded Notes Based on the Performance of the Miller/Howard MLP Fundamental Index (MLPC)
C-Tracks Exchange-Traded Notes Based on the Performance of the Miller/Howard MLP Fundamental Index operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $6.36, down 0.31% on the session, giving a market capitalisation of $44.5M. Its beta of 1.98 implies it has historically moved more than the broad market.
This investment, also known as C-Tracks, comprises unsecured senior debt obligations issued by Citigroup Inc. Its purpose is to deliver returns that correspond to the performance of the Miller/Howard MLP Fundamental Index. This index is specifically designed to track 25 energy master limited partnerships (MLPs). These MLPs are selected every quarter using a quantitative methodology that evaluates various fundamental criteria, such as the growth of their distributions, projected capital spending, and the adequacy of their distribution coverage.
C-Tracks Exchange-Traded Notes Based on the Performance of the Miller/Howard MLP Fundamental Index is most often compared with the following Financial Services names: