ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN

  • Current Indicative Value
  • 01/18/2019 | 06:59 pm
  • USD 81.07
  • Last close USD 78.79
  • 1/17/2019

Index Profile

Underlying Index S&P High Yield Dividend Aristocrats Index
Ticker symbol SPHYDA

About the index

The Index is weighted by the indicated annual dividend yield with constituents re-weighted every quarter and the constituent universe reviewed every December. The index methodology incorporates minimum market capitalization and liquidity criteria, as well as buffers to reduce turnover at index rebalancings. Modifications are made to stock weights to ensure no stock represents more than 4% of the index weight, and to enhance index basket liquidity at each quarterly rebalancing. Companies included in the Index come from a broad spectrum of industries. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the Index). 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.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
S&P High Yield Dividend Aristocrats Index 5.61% 0.45% -0.22% -1.74% 41.60%

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
AT&T Inc. T N/A
Kimberly-Clark Corp. KMB N/A
Pitney Bowes Inc PBI N/A
Leggett & Platt Inc LEG N/A
Consolidated Edison Inc ED N/A
Air Prods & Chemicals APD N/A

Source: S&P Indices, as of October 7, 2013.

Constituent Weightings