ETRACS 2x Leveraged US Dividend Factor TR ETN

  • Current Indicative Value
  • 02/28/2024 | 06:59 pm
  • USD 34.51
  • Current Spot Price USD 34.48
  • 02/28/2024 | 04:10 pm


CUSIP 90278V206
Primary exchange NYSE Arca
Initial Trade Date 2/05/2021
Maturity Date 2/09/2051
Leverage 2.00x
Annual Tracking Fee Rate 0.95%, accrued on a daily basis
Annual Financing Fee Rate 3m CME Term SOFR + 0.2616% adjustment + 0.95%
Underlying Index Dow Jones US Dividend 100 TR USD Index

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 2x Leveraged US Dividend Factor TR ETN is designed to provide 2 times leveraged long exposure to the compounded quarterly performance of the Dow Jones US Dividend 100 TR USD Index, less financing costs and tracking fees, and do not pay any coupons. The underlying total return index is designed to track a basket of 100 high dividend-paying U.S. companies, excluding REITS, with a record of consistently paying dividends, selected based on financial ratios for fundamental strength relative to their peers.

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.