ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy 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
- 03/24/2017 | 06:59 pm
- USD 13.12
- Last close USD 13.23
|Primary exchange||NYSE Arca|
|Initial trade date||6/24/2014|
|Annual Tracking Rate||0.85%, accrued on a daily basis|
|Underlying Index||Wells Fargo MLP Ex-Energy 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 Pay 2xLeveraged Wells Fargo® MLP Ex-Energy ETN (NYSE: LMLP) (“LMLP” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of Wells Fargo® Master Limited Partnership Ex-Energy Index, less investor fees. LMLP 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.