ETRACS 2xMonthly Leveraged S&P MLP 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
- 02/17/2017 | 06:59 pm
- USD 62.38
- Last close USD 62.79
|Primary exchange||NYSE Arca|
|Initial trade date||2/08/2016|
|Annual Tracking Rate||0.95%, accrued on a daily basis|
|Underlying Index||S&P MLP 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 S&P MLP Index ETN Series B (NYSE: MLPZ) (“MLPZ” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of S&P MLP Index, less investor fees. MLPV 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.