ETRACS Wells Fargo® MLP Ex-Energy ETN

  • Current Indicative Value
  • 08/22/2014 | 08:14 pm
  • USD 24.63
  • Last close USD 24.89
  • 8/20/2014

Profile

CUSIP 90273A108
Primary exchange NYSE Arca
Initial trade date 6/10/2014
Maturity date 6/10/2044
Annual Tracking Rate 0.85%, accrued on a daily basis
Index Yield1 7.69%
Underlying Index Wells Fargo MLP Ex-Energy Index

See 'Key Considerations' above as well as the 'Important legal information specific to ETRACS ETNs' link below for more information.

1The Index Yield is calculated as of June 6, 2014 by the sponsor of the Index, NYSE Group, Inc. Because the Index Yield does not reflect investor fees or applicable withholding taxes, and the variable monthly coupon that may be paid by the ETN, if any, is subject to fees and withholding taxes, the yield on the ETNs will always be less than the Index Yield (and the total return on the ETNs will always be less than the total return on a hypothetical direct investment in the Index or Index constituents). Investors are not guaranteed any coupon or distribution amount under the ETN.

 

About the ETN

The ETRACS Wells Fargo® MLP Ex-Energy ETN (NYSE: FMLP) (“FMLP” or the “ETN”) is an exchange-traded note linked to the performance of the Wells Fargo® Master Limited Partnership Ex-Energy Index . FMLP has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and pays a variable monthly coupon linked to the cash distributions, if any, on the Index constituents, less investor fees.

 

Key features

  • Significant income potential in the form of a variable monthly coupon linked to the cash distributions, if any, on the Index constituents, less investor fees
  • Tracks an index comprised of non-energy Master Limited Partnerships
  • Convenience of an exchange-traded security