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New ETFs Combine MLPs, Stocks

FYI: Cushing Asset Management, a longtime presence in the MLP investing space, whose indexes underlie several exchange-traded products, today entered the ETF market as an issuer, with the launch of four index-based ETFs that offer exposure to MLPs and common stocks.

The four funds in the Cushing Sector Plus family are as follows:

Cushing Energy & MLP ETF (XLEY)
Cushing Utility & MLP ETF (XLUY)
Cushing Transportation & MLP ETF (XLTY)
Cushing Energy Supply Chain & MLP ETF (XLSY)

Each comes with an expense ratio of 0.65% and lists on the NYSE Arca.
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