ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 

  • Current Indicative Value
  • 12/11/2019 | 12:10 pm
  • -- 25.68
  • Current Spot Price -- 25.80
  • 12/11/2019 | 12:10 pm

Profile

CUSIP 90269A484
Primary exchange NYSE Arca
Initial trade date 10/24/2019
Maturity date 10/21/2049
Leverage 2x
Annual Tracking Rate 0.85%, accrued on a daily basis
Index Yield 10.02 %
Underlying Index Solactive US High Dividend Low Volatility Index

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

About the ETN

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSE: HDLB) (“HDLB” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the Solactive US High Dividend Low Volatility Index, less investor fees. HDLB has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and pays a variable monthly coupon linked to the cash distributions, if any, on the Index constituents.

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.