ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B

  • Current Indicative Value
  • 09/25/2018 | 06:59 pm
  • USD 15.52
  • Last close USD 15.58
  • 9/24/2018

Index Profile

Underlying Index MVIS US Mortgage REITs Price 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 Price Return Index -1.97% -1.07% 4.54% -6.56% 5.06%

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 11.72
American Capital Agency Corp AGNC 7.58
New Residential Investment Corp NRZ 5.64
Starwood Property Trust Inc STWD 5.28
Blackstone Mortgage Trust Inc BXMT 5.03
Chimera Investment Corp CIM 5.02
MFA Financial Inc MFA 4.96
Two Harbors Investment Corp TWO 4.93
Colony Credit Real Estate Inc - A CLNC 4.81
Apollo Commercial Real Estat ARI 4.56
Ladder Capital Corp LADR 4.41
Invesco Mortgage Capital Inc IVR 4.39
Pennymac Portgage Investment PMT 3.75
Hannon Armstrong Sustainable Infrastructure Capital Inc HASI 3.70
Redwood Trust Inc RWT 3.21
ARMOUR Residential REIT Inc ARR 3.20
New York Mortgage Trust Inc NYMT 3.02
Arbor Realty Trust Inc ABR 2.75
Capstead Mortgage Corp CMO 2.27
Western Asset Mortgage Capital Corp WMC 1.76
AG Mortgage Investment Trust Inc MITT 1.73
Istar Inc STAR 1.68
Anworth Mortgage Asset Corp ANH 1.56
Dynex Capital Inc DX 1.53
Orchid Island Capital Inc ORC 1.50

Source: MV Index Solutions GmbH, as of September 25, 2018

Constituent Weightings