ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

  • Current Indicative Value
  • 04/20/2021 | 06:53 pm
  • USD 31.30
  • Current Spot Price USD 31.25
  • 04/20/2021 | 04:10 pm

Index Profile

Underlying Index S-Network Composite Closed-End Fund Index
Ticker symbol CEFX

About the index

The S-Network Composite Closed-End Fund Index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the value of the Index). The Index contains closed-end funds selected from three main taxable annual yield sectors: Investment Grade Fixed Income Closed-End Funds, High-Yield Fixed Income Closed-End Funds, and Option Income Closed-End Funds. The Index was created in January 7, 2010 and has no live performance history prior to that date.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
S-Network Composite Closed-End Fund Index 2.96% 4.41% 15.04% 27.16% 2.88%

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

Index Historical Returns presented are based on intraday levels.

Constituent Weightings

Name Ticker symbol % Weight
Eaton Vance Limited Duration Income Fund EVV 2.63
Nuveen Pfd Sec Income Fd JPS 2.43
AllianzGI NFJ Dividend, Interest & Premium Strategy Fund 2.23
Blackrock Corporate High Yield Fund HYT 2.19
BlackRock Credit Allocation Income Trust BTZ 2.16
Nexpoint Credit NHF 1.90
Alliancebernstein Global High Income Fund Inc AWF 1.83
BlackRock Taxable Municipal Bond Trust BBN 1.82
Doubleline Income Solutions DSL 1.77
Nuveen Credit Strategies Income Fund JQC 1.66
Templeton Global Icm GIM 1.55
Western Asset Emerging Markets Debt Fund EMD 1.50
BlackRock Resources & Commodities Strategy Trust BCX 1.20
Western Asset High Income Opportunity Fund Inc HIO 1.19
Nuveen Preferred Income Opportunities Fund JPC 1.18
Brookfield R A Incm RA 1.17
Prudential Global Short Duration High Yield Fundd GHY 1.16
BlackRock International Growth and Income Trust BGY 1.09
BlackRock Enhanced Capital and Income Fund, Inc. CII 1.07
Voya Prime Rate Trst PPR 1.05
Western Asset High Income Fund II HIX 1.01
Blackrock Multi-Sector Income BIT 1.01
Voya Global Equity Dividend and Premium Opportunity Fund IGD 0.98
Eaton Vance Floating-Rate Income Trust EFT 0.95
First Trust High Income Long/short Fund FSD 0.95
John Hancock T/a Dvd Income HTD 0.94
Blackrock Ltd Dur In BLW 0.92
Wells Fargo Advantage Income Opportunities Fund EAD 0.90
PGIM High Yield Bond Fund Inc ISD 0.88
Cohen & Steers Limited Duration LDP 0.84
Flaherty & Crumrine Preferred Securities Income FFC 0.83
BlackRock Floating Rate Income Strategie FRA 0.82
Eaton Vance Sr Fltg EFR 0.82
Templeton Emerg Mkts Inc Fd TEI 0.75
Western Asset Global High Income fund Inc EHI 0.71
MFS Intermediate Income MIN 0.71
MFS Charter Income Trust MCR 0.70
MFS Multimarket Income Trust MMT 0.64
PIMCO Income Strategy Fund II PFN 0.59
Wells Fargo Advantage Multi Sector Income Fund ERC 0.57

Source:  S-Network, as of June 1st, 2020


Constituent Weightings