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
04/19/2024 | 06:59 pm
USD 5.73

Current Spot Price USD 5.70
04/19/2024 | 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	-2.31%	-3.31%	8.17%	11.10%	-13.59%

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	7.62
Sl Green Realty Corp	SLG	5.83
Kohl's Corp	KSS	4.93
Blackstone Mortgage Trust Inc	BXMT	4.74
Arbor Realty Trust Inc	ABR	4.56
Outfront Media Inc	OUT	3.58
Cracker Barrel Old Country Store Inc	CBRL	2.88
Sabra Health Care REIT Inc	SBRA	2.87
Cvr Energy Inc	CVI	2.75
B. Riley Financial Inc	RILY	2.62
Highwoods Properties Inc.	HIW	2.59
Armour Residential Reit Inc	ARR	2.48
Leggett & Platt Inc	LEG	2.36
EPR Properties	EPR	2.08
Innovative Industrial Proper	IIPR	1.90
TWO HARBORS INVESTMENT CORP	TWO	1.62
Hercules Technology Growth Capital Inc	HTGC	1.61
Broadstone Net Lease Inc	BNL	1.37
First Interstate Bancsys-a	FIBK	1.31
B&g Foods Inc	BGS	1.17
Ellington Financial LLC (EFC)	EFC	1.16
Kinetik Holdings Inc	KNTK	1.12
Global Net Lease Inc	GNL	1.06
Oaktree Specialty Lending Corp	OCSL	1.04
Invesco Mortgage Capital	IVR	0.99
Ready Capital Corp	RC	0.96
Kennedy-wilson Holdings Inc	KW	0.96
Easterly Government Properties Inc	DEA	0.94
Dynex Capital Inc	DX	0.92
Prospect Capital Corp	PSEC	0.91
Golub Capital BDC Inc	GBDC	0.90
Orchid Island Capital Inc	ORC	0.89
MFA Financial Inc	MFA	0.88
Chimera Investment Corp	CIM	0.86
National Health Investors Inc	NHI	0.84
Brandywine Realty Trust	BDN	0.81
Kodiak Gas Services Ord	KGS	0.79
Uniti Group Inc	UNIT	0.79
Goldman Sachs Bdc Closed End Fund	GSBD	0.77
Berry Corp	BRY	0.76
Pennymac Portgage Investment	PMT	0.76
Nu Skin Enterpr-A	NUS	0.76
Capital Southwest Corp	CSWC	0.75
Apollo Commercial Real Estat	ARI	0.73
Vector Group Ltd	VGR	0.72
Ltc Properties Inc	LTC	0.72
Redwood Trust Inc	RWT	0.72
Northwest Bancshares Inc	NWBI	0.67
Ladder Capital Corp	LADR	0.63
Vitesse Energy Inc	VTS	0.56
Piedmont Office Realty Trust Inc	PDM	0.55
TPG Specialty Lending Inc	TSLX	0.54
Trinity Capital Inc	TRIN	0.51
NEW YORK MORTGAGE TRUST INC	NYMT	0.48
PennantPark Floating Rate Capital Ltd	PFLT	0.46
Service Properties Trust	SVC	0.45
Granite Ridge Resources Inc	GRNT	0.44
Fidus Investment Corp	FDUS	0.43
Sinclair Inc	SBGI	0.42
Brightspire Capital Inc	BRSP	0.42
Eagle Bancorp Inc	EGBN	0.41
Kkr Real Estate Finance Trus	KREF	0.41
Barings Bdc Inc	BBDC	0.41
New Mountain Finance Corp	NMFC	0.39
Tfs Financial Corp	TFSL	0.38
Community Healthcare Trust Inc	CHCT	0.38
Franklin Bsp Realty Trust Inc	FBRT	0.37
Bain Capital Specialty Finance Inc	BCSF	0.34
TCP Capital Corp	TCPC	0.33
Tpg Re Finance Trust Inc	TRTX	0.33
Solar Capital Ltd	SLRC	0.31
Tcg Bdc Inc	CGBD	0.30
Ares Commercial Real Estate Corp	ACRE	0.28
Solaris Oilfield Infrast-a	SOI	0.26
Claros Mortgage Trust Inc	CMTG	0.26
Spok Holdings Inc	SPOK	0.25
Gladstone Commercial Corp	GOOD	0.24
Gladstone Investment Corp	GAIN	0.23
Global Medical Reit Inc	GMRE	0.22
Washington Trust Bancorp	WASH	0.21
Bridge Investment Grp Hds-a	BRDG	0.21
GLADSTONE CAPITAL CORP	GLAD	0.20
Evolution Petroleum Corp	EPM	0.20
Kronos Worldwide Inc	KRO	0.20
Alexanders Inc	ALX	0.20
Cto Realty Growth Inc	CTO	0.17
Crescent Capital Bdc Inc.	CCAP	0.16
Universal Health Realty Income Trust	UHT	0.16
Granite Point Mortgage Trust Inc	GPMT	0.15
Postal Realty Trust Inc	PSTL	0.14
Orion Office Reit Inc	ONL	0.14
Afc Gamma Inc	AFCG	0.14
One Liberty Properties Inc	OLP	0.12
First Of Long Island Corp	FLIC	0.12
Chicago Atlantic Real Estate Finance Inc	REFI	0.11
Nexpoint Credit	NXDT	0.10
Alpine Income Property Trust Inc	PINE	0.09
Sachem Capital Corp	SACH	0.08
Great Ajax Corp	AJX	0.06

Source: Solactive, as of April 19, 2024.

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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The information in this section of the website may not be accessed in respect of the United Kingdom by persons who are retail investors. The securities referred to herein are not to be offered, sold or otherwise made available to any retail investor in the United Kingdom and any person who is a retail investor in the United Kingdom should not act or rely on this information or any of its contents. For these purposes, a retail investor means a person who is one (or more) of: a retail client as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "EUWA"); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of the Prospectus Regulation as it forms part of domestic law by virtue of the EUWA ("UK Prospectus Regulation").