ETRACS Monthly Reset 2xLeveraged S&P 500® Total Return 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.Current Indicative Value
- 01/17/2017 | 09:45 am
- USD 38.40
- Last close USD 38.68
|Primary exchange||NYSE Arca|
|Initial trade date||3/25/2014|
|Annual Tracking Rate||0.85%, accrued on a daily basis|
|Underlying Index||S&P 500 TR 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 Reset 2xLeveraged S&P 500® Total Return ETN (NYSE: SPLX) (“SPLX” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the S&P 500® Total Return Index (the "Index"), less the Accrued Fees. As a "total return index", the Index reflects both the price performance of the Index constituents and the reinvestment of dividends on the Index constituents. SPLX has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and is denominated in USD.