ETRACS Alerian Midstream Energy High Dividend Index ETN

  • Current Indicative Value
  • 07/18/2024 | 06:59 pm
  • USD 45.92
  • Current Spot Price USD 45.90
  • 07/18/2024 | 04:10 pm


CUSIP 90269A252
Primary exchange NYSE Arca
Initial Trade Date 7/15/2020
Maturity Date 7/19/2050
Annual Tracking Fee Rate 0.75%, accrued on a daily basis
Underlying Index Alerian Midstream Energy High Dividend Index
Coupon Frequency Quarterly

See 'Key Risks' above as well as the 'Important legal information specific to ETRACS ETNs' link below for more information.

About the ETN

The ETRACS Alerian Midstream Energy High Dividend Index ETN is an Exchange Traded Note linked to the performance of the Alerian Midstream Energy Dividend Index, less tracking fees, and may pay a variable quarterly coupon linked to the cash distributions associated with the underlying fundamentally-weighted North American Midstream Energy index constituents. Note that if the index constituents do not make distributions, then investors will not receive any coupons. The underlying index includes material exposure to non-US domiciled companies with principal offices located in Canada. As of the Initial Trade Date in July 2020, Canadian Index Constituent Securities comprised approximately 24% of the overall Index.

Exchange-traded Notes are senior, unsecured, unsubordinated debt securities that provide investors with exposure to the total returns of various market indices, including those linked to stocks, bonds, commodities and/or currencies, less investor fees. ETRACS offers innovative investment products with easy access to markets and strategies that may not be readily available in the existing marketplace.