ETRACS Alerian Midstream Energy Total Return Index ETN
- Current Indicative Value
- 11/08/2024 | 12:18 pm
- USD 75.12
- Current Spot Price USD 75.29
- 11/07/2024 | 04:10 pm
Illustrative Example
Capitalized terms used in the Illustrative Examples but not defined herein shall have the meanings attributed to them in the ETRACS Prospectus.
Calculation of Closing Indicative Value during a 5-day Measurement Period
The below illustrative example demonstrates how the Closing Indicative Value is calculated on each day during a five-day Measurement Period. For the ease of analysis and presentation, the example assumes (a) no Daily Tracking Fee is accrued during the Measurement Period and (b) the Index Closing Level remains unchanged throughout the Measurement Period.