ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

An intraday "indicative value" is used to measure the intrinsic value of each ETN and is for reference purposes only. Note: The market price (the actual trading price) of ETNs may be different from their indicative value.
Current Indicative Value
05/17/2024 | 08:00 pm
USD 6.30

Current Spot Price USD 6.36
05/17/2024 | 04:10 pm

Index Profile

Underlying Index	Solactive US Small Cap High Dividend Index
Ticker symbol	SOLSMHD

About the index

The Solactive US Small Cap High Dividend Index is intended to track the price movements of stocks which are publicly traded on US stock exchanges and fulfill certain minimum requirements in terms of market capitalization. From this universe, the stocks with high Forward Looking Distribution Yield.
The Index was created on January 26, 2015, and therefore, has no performance history prior to that date.

Index Historical Returns

Name	1 Month	3 Months	6 Months	1 Year	3 Years
Solactive US Small Cap High Dividend Index	5.27%	4.48%	5.76%	27.42%	-11.13%

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

Index Historical Returns are calculated on the basis of intraday index levels or closing index levels where relevant.

Constituent Weightings

Name	Ticker symbol	% Weight
Medical Properties Trust Inc	MPW	5.38
Columbia Banking System Inc	COLB	5.30
Kohl's Corp	KSS	5.27
Arbor Realty Trust Inc	ABR	5.23
Blackstone Mortgage Trust Inc	BXMT	3.47
Cracker Barrel Old Country Store Inc	CBRL	3.24
B. Riley Financial Inc	RILY	3.17
Highwoods Properties Inc.	HIW	2.81
Outfront Media Inc	OUT	2.51
Sabra Health Care REIT Inc	SBRA	2.49
EPR Properties	EPR	2.49
Innovative Industrial Proper	IIPR	2.16
First Interstate Bancsys-a	FIBK	2.13
Leggett & Platt Inc	LEG	1.94
Armour Residential Reit Inc	ARR	1.91
Kinetik Holdings Inc	KNTK	1.84
Broadstone Net Lease Inc	BNL	1.82
American Healthcare Reit Ord	AHR	1.51
Hercules Technology Growth Capital Inc	HTGC	1.44
Dynex Capital Inc	DX	1.40
TWO HARBORS INVESTMENT CORP	TWO	1.36
Genco Shipping & Trading Ltd	GNK	1.32
Kennedy-wilson Holdings Inc	KW	1.30
Ellington Financial LLC (EFC)	EFC	1.19
Global Net Lease Inc	GNL	1.19
Golub Capital BDC Inc	GBDC	1.12
Oaktree Specialty Lending Corp	OCSL	1.10
Ready Capital Corp	RC	1.07
Prospect Capital Corp	PSEC	1.05
Easterly Government Properties Inc	DEA	1.02
Vector Group Ltd	VGR	1.01
Provident Financial Services Inc	PFS	0.98
Redwood Trust Inc	RWT	0.97
Brandywine Realty Trust	BDN	0.89
Orchid Island Capital Inc	ORC	0.87
Ltc Properties Inc	LTC	0.86
Pennymac Portgage Investment	PMT	0.82
Northwest Bancshares Inc	NWBI	0.81
Invesco Mortgage Capital	IVR	0.80
Capital Southwest Corp	CSWC	0.79
B&g Foods Inc	BGS	0.79
Chimera Investment Corp	CIM	0.79
Goldman Sachs Bdc Closed End Fund	GSBD	0.74
MFA Financial Inc	MFA	0.74
Apollo Commercial Real Estat	ARI	0.72
TPG Specialty Lending Inc	TSLX	0.71
Sinclair Inc	SBGI	0.66
Trinity Capital Inc	TRIN	0.65
PennantPark Floating Rate Capital Ltd	PFLT	0.62
Ladder Capital Corp	LADR	0.60
Uniti Group Inc	UNIT	0.57
Service Properties Trust	SVC	0.56
Eagle Bancorp Inc	EGBN	0.56
Piedmont Office Realty Trust Inc	PDM	0.55
Kkr Real Estate Finance Trus	KREF	0.54
Ares Commercial Real Estate Corp	ACRE	0.52
New Mountain Finance Corp	NMFC	0.48
Fidus Investment Corp	FDUS	0.47
Tpg Re Finance Trust Inc	TRTX	0.46
Armada Hoffler Properties Inc	AHH	0.46
Vitesse Energy Inc	VTS	0.44
Barings Bdc Inc	BBDC	0.43
TCP Capital Corp	TCPC	0.43
Brightspire Capital Inc	BRSP	0.42
Community Healthcare Trust Inc	CHCT	0.40
Franklin Bsp Realty Trust Inc	FBRT	0.40
Universal Health Realty Income Trust	UHT	0.36
Bain Capital Specialty Finance Inc	BCSF	0.34
Tfs Financial Corp	TFSL	0.34
Ttec Holdings Inc	TTEC	0.33
NEW YORK MORTGAGE TRUST INC	NYMT	0.33
Global Medical Reit Inc	GMRE	0.32
Gladstone Commercial Corp	GOOD	0.28
Tcg Bdc Inc	CGBD	0.28
Kearny Financial Corp	KRNY	0.27
GLADSTONE CAPITAL CORP	GLAD	0.27
Flushing Financial Corp	FFIC	0.26
Solar Capital Ltd	SLRC	0.26
CBL & ASSOCIATES PROPERTIES	CBL	0.24
Claros Mortgage Trust Inc	CMTG	0.23
Washington Trust Bancorp	WASH	0.22
Spok Holdings Inc	SPOK	0.22
Gladstone Investment Corp	GAIN	0.21
Cto Realty Growth Inc	CTO	0.19
The Rmr Group Inc	RMR	0.19
The Aarons Company Inc	AAN	0.19
Orion Office Reit Inc	ONL	0.18
Alexanders Inc	ALX	0.17
Entravision Communications-a	EVC	0.17
First Of Long Island Corp	FLIC	0.15
Evolution Petroleum Corp	EPM	0.14
Granite Point Mortgage Trust Inc	GPMT	0.14
Crescent Capital Bdc Inc.	CCAP	0.14
AG MORTGAGE INVESTMENT TRUST	MITT	0.13
Afc Gamma Inc	AFCG	0.13
Chicago Atlantic Real Estate Finance Inc	REFI	0.12
Sachem Capital Corp	SACH	0.11
Postal Realty Trust Inc	PSTL	0.11
One Liberty Properties Inc	OLP	0.11
Financial Institutions Inc	FISI	0.09

Source: Solactive, as of May 17, 2024.

Constituent Weightings

Important legal information specific to ETRACS ETNs.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement, to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable prospectus supplement for each ETRACS may be viewed by clicking on the ticker symbol of each ETRACS identified above. You may also view any of these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Disclaimer Business continuity

Important legal and regulatory information:

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