9/09/2015 TPYP

Tortoise Index Solutions Announces Index Updates for Third Quarter 2015

LEAWOOD, Kan.-- September 9, 2015 ()--Please replace the release with the following corrected version due to additional removals from the Tortoise North American Oil & Gas Producers IndexSM (TNEP/TNEPT)

The corrected release reads:


Tortoise Index Solutions today announced upcoming additions and deletions to its indices as part of their regular quarterly rebalancing for the third quarter of 2015, as follows below. Following the close of trading on Sept. 18, 2015, the indices will be rebalanced and as a result, the following changes will become effective.

Tortoise North American Pipeline IndexSM


Action   Company   Ticker
Addition   Columbia Pipeline Group, Inc.   CPGX
Addition   Cheniere Energy, Inc.   LNG
Removal   Azure Midstream Partners, LP   AZUR

The full constituent list can be viewed at www.tortoiseindexsolutions.com/tnap/constituents.

Tortoise MLP Index®


Action   Company   Ticker
Addition   Green Plains Partners LP   GPP
Addition   CNX Coal Resources LP   CNXC
Removal   Azure Midstream Partners, LP   AZUR
Removal   Cypress Energy Partners, L.P.   CELP

The full constituent list can be viewed at www.tortoiseindexsolutions.com/tmlp/constituents.

Tortoise North American Oil & Gas Producers IndexSM


Action Company Ticker
Removal Athabasca Oil Corporation ATH CN
Removal Bonanza Creek Energy, Inc. BCEI
Removal Bonavista Energy Corporation BNP CN
Removal Bonterra Energy Corp BNE CN
Removal Breitburn Energy Partners LP BBEP
Removal Memorial Production Partners LP MEMP
Removal NuVista Energy Ltd. NVA CN
Removal Pengrowth Energy Corporation PGH
Removal Penn West Petroleum Ltd. PWE
Removal Unit Corporation UNT
Removal Vanguard Natural Resources, LLC VNR

There were no additions as a result of the third quarter rebalance. The full constituent list can be viewed at

Additionally, to enhance the representation of their respective universes, the following changes will be made to the methodologies of the Tortoise North American Pipeline IndexSM (TNAP/TNAPT) and Tortoise MLP Index® (TMLP/TMLPT). As of the Sept. 18, 2015 rebalance, the individual constituent cap for TMLP will be reduced from 10% to 7.5%. Additionally, for both TNAP and TMLP, a cap of 15% will be placed on affiliated MLP families.

About Tortoise Index Solutions

Tortoise Index Solutions, LLC provides research-driven indices that can be used as a realistic basis for exchange-traded products and thought leadership in the universe of essential assets. Its indices are intended to fill a void in the market and provide benchmarks and investible asset class universes for use by investment professionals, research analysts and industry executives to analyze relative performance, as well as to provide a basis for passively managed exchange-traded products. Tortoise Index Solutions, LLC is affiliated with Tortoise Capital Advisors, L.L.C., a registered investment manager specializing in actively managed listed energy investing. As of July 31, 2015, Tortoise Capital Advisors had approximately $16.4 billion of assets under management in NYSE-listed mutual and closed-end funds and other accounts. For more information about Tortoise Index Solutions, LLC visit www.tortoiseindexsolutions.com. For more information about Tortoise Capital Advisors, L.L.C., visit www.tortoiseadvisors.com.

Safe Harbor Statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

The indices are the exclusive property of Tortoise Index Solutions, LLC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to calculate and maintain the Tortoise MLP Index®, Tortoise North American Pipeline IndexSM and Tortoise North American Oil and Gas Producers IndexSM (each an “Index”). S&P® is a registered trademark of Standard & Poor‘s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and, these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices” and its related stylized mark(s) have been licensed for use by Tortoise Index Solutions, LLC and its affiliates. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index. No portion of this publication may be reproduced in any format or by any means including electronically or mechanically, by photocopying, or by any other form or manner whatsoever, without the prior written consent of Tortoise Index Solutions, LLC.


Pam Kearney, Investor and Media Relations