ETRACS NYSE Pickens Core Midstream Index ETN due August 20, 2048 (PYPE) ETF
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ETRACS NYSE Pickens Core Midstream Index ETN due August 20, 2048 (PYPE) ETF Bio
The investment objective of the ETRACS NYSE Pickens Core Midstream Index ETN seeks to focus on companies that fall within the gathering and processing, liquefaction, pipeline transportation, rail terminaling and storage industries. The index can include the securities of companies structured as corporations as well as those structured as MLPs. Eligible firms must generate more than half of their operating income from business activities related to midstream energy processes.