ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN

  • Current Indicative Value
  • 03/28/2017 | 11:45 am
  • USD 21.78
  • Last close USD 21.62
  • 3/27/2017

Profile

CUSIP 90274D838
Primary exchange NYSE Arca
Initial trade date 2/03/2015
Maturity date 2/06/2045
Leverage 2x
Annual Tracking Rate 0.85%, accrued on a daily basis
2x Index Yield1 17.70%
Underlying Index Solactive US Small Cap High Dividend Index

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

1 This figure is equal to 2 times the Index Yield calculated as of February 3, 2015 by the sponsor of the Index, Solactive AG. Investors are not guaranteed any coupon or distribution amount under the ETN.

About the ETN

The ETRACS Monthly Pay 2xLeveraged Small Cap High Dividend ETN (NYSE: SMHD) (“SMHD” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the Solactive US Small Cap High Dividend Index, less investor fees. SMHD 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.