ETRACS 2xMonthly Leveraged Alerian MLP Infrastructure Index 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
- 03/27/2017 | 06:59 pm
- USD 53.18
- Last close USD 53.18
|Primary exchange||NYSE Arca|
|Initial trade date||2/08/2016|
|Annual Tracking Rate||0.85%, accrued on a daily basis|
|Underlying Index||Alerian MLP Infrastructure 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 2xMonthly Leveraged Alerian MLP Infrastructure Index ETN Series B (NYSE: MLPQ) (“MLPQ” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of Alerian MLP Infrastructure Index, less investor fees. MLPQ has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and pays a variable quarterly coupon linked to the cash distributions, if any, on the Index constituents.