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
03/11/2025 | 08:00 pm
USD 5.00

Current Spot Price USD 5.01
03/11/2025 | 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	-1.10%	-4.94%	-5.47%	-7.17%	-15.65%

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	5.82
The Wendy's Company	WEN	5.39
Western Un Co	WU	4.35
Organon & Co	OGN	4.11
Kohl's Corp	KSS	3.58
Park Hotels & Resorts Inc	PK	3.26
Sabra Health Care REIT Inc	SBRA	2.83
Armour Residential Reit Inc	ARR	2.70
Innovative Industrial Proper	IIPR	2.50
Blackstone Mortgage Trust Inc	BXMT	2.50
Highwoods Properties Inc.	HIW	2.44
Outfront Media Inc	OUT	2.37
Arbor Realty Trust Inc	ABR	2.24
Dynex Capital Inc	DX	2.19
Clearway Energy Inc Class C	CWEN	2.05
EPR Properties	EPR	1.96
Apple Hospitality Reit Inc	APLE	1.95
Lexington Realty Trust	LXP	1.59
Bloomin Brands Inc	BLMN	1.57
Uwm Holdings Corp	UWMC	1.56
Broadstone Net Lease Inc	BNL	1.53
Golub Capital BDC Inc	GBDC	1.41
Artisan Partners Asset Management Inc	APAM	1.39
Hercules Technology Growth Capital Inc	HTGC	1.38
TWO HARBORS INVESTMENT CORP	TWO	1.35
Prospect Capital Corp	PSEC	1.30
Dineequity Inc	DIN	1.28
Orchid Island Capital Inc	ORC	1.24
XEROX HOLDINGS CORPORATION	XRX	1.17
Easterly Government Properties Inc	DEA	1.16
B&g Foods Inc	BGS	1.04
Apollo Commercial Real Estat	ARI	0.98
Oaktree Specialty Lending Corp	OCSL	0.96
Goldman Sachs Bdc Closed End Fund	GSBD	0.95
Capital Southwest Corp	CSWC	0.93
Sila Realty Trust Inc	SILA	0.93
Global Net Lease Inc	GNL	0.93
MFA Financial Inc	MFA	0.90
Ltc Properties Inc	LTC	0.89
Pennymac Portgage Investment	PMT	0.89
Invesco Mortgage Capital	IVR	0.89
Ellington Financial LLC (EFC)	EFC	0.87
Uniti Group Inc	UNIT	0.80
Brandywine Realty Trust	BDN	0.79
PennantPark Floating Rate Capital Ltd	PFLT	0.73
Ready Capital Corp	RC	0.71
Trinity Capital Inc	TRIN	0.64
Cto Realty Growth Inc	CTO	0.64
Ladder Capital Corp	LADR	0.63
Chimera Investment Corp	CIM	0.57
Genco Shipping & Trading Ltd	GNK	0.55
Armada Hoffler Properties Inc	AHH	0.54
Gray Television Inc	GTN	0.54
Redwood Trust Inc	RWT	0.53
TPG Specialty Lending Inc	TSLX	0.53
New Mountain Finance Corp	NMFC	0.51
NEW YORK MORTGAGE TRUST INC	NYMT	0.44
Washington Trust Bancorp	WASH	0.44
Kkr Real Estate Finance Trus	KREF	0.42
Franklin Bsp Realty Trust Inc	FBRT	0.38
Tpg Re Finance Trust Inc	TRTX	0.38
Community Healthcare Trust Inc	CHCT	0.37
TCP Capital Corp	TCPC	0.37
Fidus Investment Corp	FDUS	0.34
Global Medical Reit Inc	GMRE	0.33
Barings Bdc Inc	BBDC	0.32
RADIUS HEALTH INC	RDUS	0.31
Vitesse Energy Inc	VTS	0.31
Gladstone Commercial Corp	GOOD	0.29
Tfs Financial Corp	TFSL	0.29
Brightspire Capital Inc	BRSP	0.29
Tcg Bdc Inc	CGBD	0.25
Movado Group Inc	MOV	0.25
Universal Health Realty Income Trust	UHT	0.24
Alexanders Inc	ALX	0.24
Bain Capital Specialty Finance Inc	BCSF	0.24
Ares Commercial Real Estate Corp	ACRE	0.23
GLADSTONE CAPITAL CORP	GLAD	0.23
Ellington Residential Mortgage	EARN	0.22
Solar Capital Ltd	SLRC	0.22
Kearny Financial Corp	KRNY	0.19
RESOURCES CONNECTION INC	RGP	0.19
Peakstone Realty Trust	PKST	0.19
AG MORTGAGE INVESTMENT TRUST	MITT	0.15
The Rmr Group Inc	RMR	0.15
Crescent Capital Bdc Inc.	CCAP	0.14
Spok Holdings Inc	SPOK	0.14
Postal Realty Trust Inc	PSTL	0.14
Gladstone Investment Corp	GAIN	0.14
Chicago Atlantic Real Estate Finance Inc	REFI	0.13
Saul Centers Inc	BFS	0.13
Alpine Income Property Trust Inc	PINE	0.12
One Liberty Properties Inc	OLP	0.12
Afc Gamma Inc	AFCG	0.12
First Of Long Island Corp	FLIC	0.10
Granite Point Mortgage Trust Inc	GPMT	0.10
Evolution Petroleum Corp	EPM	0.08
Nexpoint Credit	NXDT	0.08
Pangaea Logistics Solutions Ltd	PANL	0.08
Orion Office Reit Inc	ONL	0.06

Source: Solactive, as of March 11, 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

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