ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B
- Current Indicative Value
- 02/15/2019 | 06:59 pm
- USD 22.37
- Last close USD 22.07
- 2/14/2019
Profile
CUSIP | 90274E166 |
Primary exchange | NYSE Arca |
Initial trade date | 11/08/2018 |
Maturity date | 11/10/2048 |
Leverage | 2x |
Annual Tracking Rate | 0.85%, accrued on a daily basis |
Underlying Index | Solactive US Small Cap High Dividend 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: SMHB) (“SMHB” or the “ETN”) is an exchange-traded note linked to the monthly compounded 2x leveraged performance of Solactive US Small Cap High Dividend Index, less investor fees. SMHB 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.