ETRACS Alerian MLP Index ETN Series B
- Current Indicative Value
- 12/09/2024 | 03:03 pm
- USD 19.08
- Current Spot Price USD 19.35
- 12/09/2024 | 09:32 am
Profile
CUSIP | 90274D374 |
Primary exchange | NYSE Arca |
Initial Trade Date | 10/08/2015 |
Maturity Date | 7/18/2042 |
Annual Tracking Rate | 0.80%, accrued on a daily basis |
Underlying Index | Alerian MLP 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 MLP Index ETN Series B (NYSE: AMUB) ("AMUB" or the "ETN") is an Exchange Traded Note linked to the performance of the Alerian MLP Index, and may pay a variable quarterly coupon linked to the cash distributions, if any, on the Master Limited Partnerships ("MLPs") in the Alerian MLP Index, less investor fees.
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