ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B

  • Current Indicative Value
  • 03/28/2017 | 11:44 am
  • USD 17.13
  • Last close USD 16.98
  • 3/27/2017

Profile

CUSIP 90274D432
Primary exchange NYSE Arca
Initial trade date 10/08/2015
Maturity date 10/16/2042
Leverage 2x
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.