ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

An intraday "indicative value" is used to measure the intrinsic value of each ETN and is for reference purposes only. Note: The market price (the actual trading price) of ETNs may be different from their indicative value.
Current Indicative Value
04/17/2025 | 08:00 pm
USD 3.69

Current Spot Price USD 3.69
04/17/2025 | 04:10 pm

Index Profile

Underlying Index	Solactive US Small Cap High Dividend Index
Ticker symbol	SOLSMHD

About the index

The Solactive US Small Cap High Dividend Index is intended to track the price movements of stocks which are publicly traded on US stock exchanges and fulfill certain minimum requirements in terms of market capitalization. From this universe, the stocks with high Forward Looking Distribution Yield.
The Index was created on January 26, 2015, and therefore, has no performance history prior to that date.

Index Historical Returns

Name	1 Month	3 Months	6 Months	1 Year	3 Years
Solactive US Small Cap High Dividend Index	-13.52%	-14.07%	-21.11%	-15.11%	-26.55%

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 are calculated on the basis of intraday index levels or closing index levels where relevant.

Constituent Weightings

Name	Ticker symbol	% Weight
Medical Properties Trust Inc	MPW	6.36
The Wendy's Company	WEN	5.05
Western Un Co	WU	4.44
Sabra Health Care REIT Inc	SBRA	3.53
Organon & Co	OGN	3.35
Park Hotels & Resorts Inc	PK	3.13
Kohl's Corp	KSS	2.90
Highwoods Properties Inc.	HIW	2.68
Blackstone Mortgage Trust Inc	BXMT	2.59
Outfront Media Inc	OUT	2.40
Clearway Energy Inc Class C	CWEN	2.38
Armour Residential Reit Inc	ARR	2.38
Arbor Realty Trust Inc	ABR	2.34
EPR Properties	EPR	2.12
Dynex Capital Inc	DX	2.10
Innovative Industrial Proper	IIPR	2.05
Apple Hospitality Reit Inc	APLE	1.93
Broadstone Net Lease Inc	BNL	1.67
Bloomin Brands Inc	BLMN	1.64
Golub Capital BDC Inc	GBDC	1.56
Lexington Realty Trust	LXP	1.54
Hercules Technology Growth Capital Inc	HTGC	1.53
Artisan Partners Asset Management Inc	APAM	1.39
Uwm Holdings Corp	UWMC	1.36
TWO HARBORS INVESTMENT CORP	TWO	1.26
Prospect Capital Corp	PSEC	1.23
Dineequity Inc	DIN	1.15
Orchid Island Capital Inc	ORC	1.14
Sila Realty Trust Inc	SILA	1.12
Easterly Government Properties Inc	DEA	1.05
B&g Foods Inc	BGS	1.05
Global Net Lease Inc	GNL	1.03
Ltc Properties Inc	LTC	1.02
Oaktree Specialty Lending Corp	OCSL	1.00
Goldman Sachs Bdc Closed End Fund	GSBD	0.98
Apollo Commercial Real Estat	ARI	0.95
Capital Southwest Corp	CSWC	0.94
Pennymac Portgage Investment	PMT	0.93
Ellington Financial LLC (EFC)	EFC	0.93
MFA Financial Inc	MFA	0.87
XEROX HOLDINGS CORPORATION	XRX	0.87
Uniti Group Inc	UNIT	0.85
Invesco Mortgage Capital	IVR	0.80
RADIUS HEALTH INC	RDUS	0.76
Brandywine Realty Trust	BDN	0.76
PennantPark Floating Rate Capital Ltd	PFLT	0.74
Ready Capital Corp	RC	0.71
Cto Realty Growth Inc	CTO	0.70
Trinity Capital Inc	TRIN	0.67
Ladder Capital Corp	LADR	0.65
Genco Shipping & Trading Ltd	GNK	0.58
TPG Specialty Lending Inc	TSLX	0.56
Chimera Investment Corp	CIM	0.56
Gray Television Inc	GTN	0.54
Redwood Trust Inc	RWT	0.54
New Mountain Finance Corp	NMFC	0.51
Armada Hoffler Properties Inc	AHH	0.48
Washington Trust Bancorp	WASH	0.47
NEW YORK MORTGAGE TRUST INC	NYMT	0.41
Kkr Real Estate Finance Trus	KREF	0.41
Franklin Bsp Realty Trust Inc	FBRT	0.38
Community Healthcare Trust Inc	CHCT	0.37
Tpg Re Finance Trust Inc	TRTX	0.37
TCP Capital Corp	TCPC	0.36
Barings Bdc Inc	BBDC	0.34
Tfs Financial Corp	TFSL	0.34
Fidus Investment Corp	FDUS	0.33
Gladstone Commercial Corp	GOOD	0.32
Global Medical Reit Inc	GMRE	0.32
Vitesse Energy Inc	VTS	0.31
Alexanders Inc	ALX	0.26
Tcg Bdc Inc	CGBD	0.25
Brightspire Capital Inc	BRSP	0.25
GLADSTONE CAPITAL CORP	GLAD	0.25
Universal Health Realty Income Trust	UHT	0.25
Bain Capital Specialty Finance Inc	BCSF	0.24
Solar Capital Ltd	SLRC	0.23
Peakstone Realty Trust	PKST	0.23
Movado Group Inc	MOV	0.22
Ellington Residential Mortgage	EARN	0.22
Ares Commercial Real Estate Corp	ACRE	0.20
Kearny Financial Corp	KRNY	0.20
Gladstone Investment Corp	GAIN	0.17
RESOURCES CONNECTION INC	RGP	0.16
Crescent Capital Bdc Inc.	CCAP	0.15
Spok Holdings Inc	SPOK	0.15
AG MORTGAGE INVESTMENT TRUST	MITT	0.15
Postal Realty Trust Inc	PSTL	0.15
Alpine Income Property Trust Inc	PINE	0.14
The Rmr Group Inc	RMR	0.14
Saul Centers Inc	BFS	0.14
One Liberty Properties Inc	OLP	0.13
Chicago Atlantic Real Estate Finance Inc	REFI	0.13
First Of Long Island Corp	FLIC	0.11
Afc Gamma Inc	AFCG	0.09
Evolution Petroleum Corp	EPM	0.08
Nexpoint Credit	NXDT	0.08
Pangaea Logistics Solutions Ltd	PANL	0.08
Granite Point Mortgage Trust Inc	GPMT	0.07
Orion Office Reit Inc	ONL	0.05

Source: Solactive, as of April 18, 2025.

Constituent Weightings

Important legal information specific to ETRACS ETNs.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement, to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable prospectus supplement for each ETRACS may be viewed by clicking on the ticker symbol of each ETRACS identified above. You may also view any of these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Disclaimer Business continuity

Important legal and regulatory information:

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