ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN
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. ETN valuation measureCurrent Indicative Value
- 10/09/2015 | 09:35 am
- USD 19.30
- Last close USD 19.22
|Primary exchange||NYSE Arca|
|Initial trade date||11/12/2013|
|Annual Tracking Rate||0.85%, accrued on a daily basis|
|Underlying Index||NYSE Diversified High Income Index|
See 'Key Considerations' above as well as the 'Important legal information specific to ETRACS ETNs' link below for more information.
About the ETN
The ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN (NYSE: DVHL) (“DVHL” or the “ETN”) is an exchange-traded note linked to the monthly compounded 2x leveraged performance of the NYSE® Diversified High Income Index, reduced by the Accrued Fees. DVHL has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance), is denominated in USD, and pays a USD-denominated variable monthly coupon linked to 2 times the net cash distributions, if any, on the Index constituents.