ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B

  • Current Indicative Value
  • 12/11/2019 | 10:57 am
  • USD 13.58
  • Current Spot Price USD 13.59
  • 12/11/2019 | 11:12 am

Index Profile

Underlying Index MVIS US Mortgage REITs Total Return Index
Ticker symbol MVMORT

About the index

The MVIS® US Mortgage REITs Index (the “Index”) is a float-adjusted, market capitalization-weighted index designed to measure the performance of publicly traded mortgage REITs. The Index provides 90% coverage of the investable mortgage REIT universe based on strict size and liquidity requirements. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the Index; rather, any cash distributions on the Index constituents, less any withholding taxes, are reflected in the variable monthly coupon that may be paid to investors of the ETN). While the Index is designed to represent global mortgage REITs, it currently consists of only US-listed mortgage REITs. The Index was created on August 4, 2011 and has no performance history prior to that date.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
MVIS US Mortgage REITs Total Return Index 1.28% 6.59% 7.97% 7.79% 20.98%

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.

*Historical Returns for the ETN are calculated on the basis of intraday indicative value.

Index Historical Returns presented are based on intraday levels.
The ETRACS ETNs are subject to investor fees. As a result, the return on the ETNs will always be lower than the total return on a direct investment in the Index or the Index constituents.

Constituent Weightings

Name Ticker symbol % Weight
Annaly Capital Management Inc NLY 13.29
American Capital Agency Corp AGNC 9.00
Starwood Property Trust Inc STWD 7.06
New Residential Investment Corp NRZ 6.21
Two Harbors Investment Corp TWO 5.21
Chimera Investment Corp CIM 4.97
Blackstone Mortgage Trust Inc BXMT 4.88
Invesco Mortgage Capital Inc IVR 4.62
MFA Financial Inc MFA 4.48
Ladder Capital Corp LADR 4.16
Apollo Commercial Real Estat ARI 4.12
Pennymac Portgage Investment PMT 4.12
New York Mortgage Trust Inc NYMT 3.86
Hannon Armstrong Sustainable Infrastructure Capital Inc HASI 3.82
Arbor Realty Trust Inc ABR 3.61
Colony Credit Real Estate Inc - A CLNC 2.85
Redwood Trust Inc RWT 2.52
ARMOUR Residential REIT Inc ARR 2.07
Granite Point Mortgage Trust Inc GPMT 2.03
Capstead Mortgage Corp CMO 1.38
Western Asset Mortgage Capital Corp WMC 1.26
Kkr Real Estate Finance Trus KREF 1.16
AG Mortgage Investment Trust Inc MITT 1.11
Ready Capital Corp RC 1.10
Tpg Re Finance Trust Inc TRTX 1.08

Source: MV Index Solutions GmbH, as of December 10, 2019

Constituent Weightings