ETRACS 1xMonthly Short Alerian MLP Infrastructure Total Return Index 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 11.04
- Last close USD 11.17
|Primary exchange||NYSE Arca|
|Initial trade date||9/28/2010|
|Annual Tracking Rate||0.85%, accrued on a daily basis|
|Underlying Index||Alerian MLP Infrastructure 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 1xMonthly Short Alerian MLP Infrastructure Total Return Index is designed to provide a short exposure to the MLP Infrastructure market by tracking the inverse performance of the Alerian MLP Infrastructure Total Return Index (the "Index"), plus a fixed income return based on a hypothetical 91-day Treasury Bill portfolio, less investor fees.