ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders 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
- 04/25/2017 | 06:59 pm
- USD 30.75
- Last close USD 31.52
|Primary exchange||NYSE Arca|
|Initial trade date||3/10/2015|
|Annual Tracking Rate||0.85%, accrued on a daily basis|
|Underlying Index||ISE Exclusively Homebuilders Total Return 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 ISE Exclusively Homebuilders ETN (NYSE: HOML) (“HOML” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the ISE Exclusively Homebuilders™ Total Return Index, less investor 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. HOML has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance).