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
04/18/2019 | 04:07 pm
USD 19.90

Current Spot Price USD 19.89
04/18/2019 | 04:10 pm

Index Profile

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

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	-1.54%	-4.73%	-7.87%	-7.55%	-1.35%

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
Compass Minerals International	CMP	3.50
Pattern Energy Group Inc	PEGI	3.09
Outfront Media Inc	OUT	3.08
GAMESTOP	GME	2.93
Tanger Factory Outlet Center	SKT	2.90
Apollo Commercial Real Estat	ARI	2.67
Mgm Growth Properties Llc-a	MGP	2.43
Ladder Capital Corp	LADR	2.32
Site Centers Corp	SITC	2.29
Moelis & Co	MC	2.26
Office Properties Income Trust	OPI	2.14
Pitney Bowes Inc	PBI	2.13
Arbor Realty Trust Inc	ABR	2.12
B&g Foods Inc	BGS	2.06
Colony Financial Inc	CLNY	1.95
Senior Housing Properties Trust	SNH	1.93
Prospect Capital Corp	PSEC	1.88
Tupperware Brands Corp	TUP	1.87
Semgroup Corp-class A	SEMG	1.74
Invesco Mortgage Capital Inc	IVR	1.69
New York Mortgage Trust Inc	NYMT	1.65
Artisan Partners Asset Management Inc	APAM	1.65
Covanta Holding Corp	CVA	1.65
Wp Glimcher Inc	WPG	1.60
ARMOUR Residential REIT Inc	ARR	1.52
Xenia Hotels & Resorts Inc	XHR	1.49
Buckle Inc/the	BKE	1.47
Geo Group Inc	GEO	1.45
Global Net Lease Inc	GNL	1.40
Redwood Trust Inc	RWT	1.38
Main Street Capital Corp	MAIN	1.34
Gannett Co	GCI	1.32
Industrial Logistics Properties Trust	ILPT	1.24
Pennymac Portgage Investment	PMT	1.16
Tivo Corp	TIVO	1.11
Ramco-gershenson Properties	RPT	1.09
Consolidated Communications	CNSL	1.09
Summit Hotel Properties Inc	INN	1.06
Kite Realty Group Trust	KRG	1.02
Hersha Hospitality Trust	HT	0.97
Terraform Power Inc	TERP	0.96
Granite Point Mortgage Trust Inc	GPMT	0.91
Hercules Technology Growth Capital Inc	HTGC	0.85
Penn Real Estate Invest Tst	PEI	0.81
Apollo Investment Corp	AINV	0.80
Capitol Federal Financial Inc	CFFN	0.75
Kkr Real Estate Finance Trus	KREF	0.74
TPG Specialty Lending Inc	TSLX	0.71
Cbl & Associates Properties	CBL	0.67
Colony Credit Real Estate Inc - A	CLNC	0.67
Independence Realty Trust Inc	IRT	0.65
New Media Investment Group Inc	NEWM	0.64
Jernigan Capital Inc	JCAP	0.62
Lsc Communications Inc	LKSD	0.62
TCP Capital Corp	TCPC	0.59
Chatham Lodging Trust	CLDT	0.59
Orchid Island Capital Inc	ORC	0.57
New Mountain Finance Corp	NMFC	0.56
Tcg Bdc Inc	CGBD	0.53
Golub Capital BDC Inc	GBDC	0.52
Catchmark Timber Trust Inc	CTT	0.51
Western Asset Mortgage Capital Corp	WMC	0.51
Newtek Business Services Corp	NEWT	0.50
Preferred Apartment Communities Inc	APTS	0.49
National Cinemedia Inc	NCMI	0.49
Whitestone REIT	WSR	0.47
Corenergy Infrastructure Trust Inc	CORR	0.47
Tpg Re Finance Trust Inc	TRTX	0.46
New Senior Investment Group Inc.	SNR	0.45
Oritani Financial Corp	ORIT	0.44
American Finance Trust Inc	AFIN	0.43
Ashford Hospitality Trust	AHT	0.37
Arlington Asset Investment Corp	AI	0.37
Goldman Sachs Bdc Closed End Fund	GSBD	0.37
Dynex Capital Inc	DX	0.36
Triplepoint Venture Growth BDC Corp	TPVG	0.34
AG Mortgage Investment Trust Inc	MITT	0.33
Gladstone Commercial Corp	GOOD	0.30
Falcon Minerals Corp	FLMN	0.29
Solar Capital Ltd	SLRC	0.29
Cherry Hill Mortgage Investment Corp	CHMI	0.29
Monroe Capital Corp	MRCC	0.28
Fifth Street Finance Corp	OCSL	0.27
PennantPark Floating Rate Capital Ltd	PFLT	0.26
BlackRock Kelso Capital Corp	BKCC	0.25
Ares Commercial Real Estate Corp	ACRE	0.25
Gladstone Investment Corp	GAIN	0.25
Anworth Mortgage Asset Corp	ANH	0.25
PennantPark Investment Corp	PNNT	0.24
Braemar Hotels & Resorts Inc	BHR	0.23
Bluerock Residential Growth Reit Inc	BRG	0.23
Exantas Capital Corp	XAN	0.21
Fidus Investment Corp	FDUS	0.19
Capital Southwest Corp	CSWC	0.18
Gladstone Capital Corp	GLAD	0.18
Qxford Square Capital Corp	OXSQ	0.18
Global Medical Reit Inc	GMRE	0.16
Stellus Capital Investment Corp	SCM	0.16
Ready Capital Corp	RC	0.15
THL Credit Inc	TCRD	0.14

Source: Solactive, as of April 17, 2019.

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 applicable prospectus, pricing or product supplement, dated as of various dates, and the prospectus dated April 29, 2016 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 offering document for each ETRACS may be obtained by clicking on the ticker symbol of each ETRACS identified above or as otherwise indicated. You may also get 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.

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