ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B
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
- 03/28/2017 | 11:44 am
- USD 17.13
- Last close USD 16.98
|Primary exchange||NYSE Arca|
|Initial trade date||10/08/2015|
|Annual Tracking Rate||0.40%, accrued on a daily basis|
|Underlying Index||MVIS Global Mortgage REITs Price 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
ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSE: MRRL) ("MRRL" or the "ETN") is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the MVIS® Global Mortgage REITs Index (the "Index"), reduced by the Accrued Fees. MRRL is listed on the NYSE Arca exchange, is denominated in USD, and pays a USD-denominated variable monthly coupon linked to two times the cash distributions, if any, on the Index constituents, less any withholding taxes.