ETRACS Linked to the NYSE® Pickens Core Midstream Index

  • Current Indicative Value
  • 10/29/2020 | 08:00 pm
  • USD 11.38
  • Current Spot Price USD 11.39
  • 10/29/2020 | 04:10 pm

Profile

CUSIP 90274E257
Primary exchange NYSE Arca
Initial Trade Date 8/20/2018
Maturity Date 8/20/2048
Annual Tracking Rate 0.85%, accrued on a daily basis
Index Yield1 9.03%
Underlying Index NYSE® Pickens Core Midstream Index
Coupon Frequency Quarterly

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

1 This figure is equal to Index Yield calculated as of November 29, 2019 by the sponsor of the Index, NYSE. Investors are not guaranteed any coupon or distribution amount under the ETN.

About the ETN

The ETRACS NYSE® Pickens Core Midstream Index ETN (NYSE: PYPE) is an exchange-traded note linked to the performance of the NYSE® Pickens Core Midstream Index, less investor fees. PYPE has been approve for listing on the NYSE Arca® exchange (subject to official notice of issuance).

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.