ETRACS Alerian Midstream Energy Total Return Index ETN

  • Current Indicative Value
  • 11/28/2020 | 07:14 pm
  • USD 29.28
  • Current Spot Price USD 29.22
  • 11/27/2020 | 01:10 pm

Profile

CUSIP 90269A245
Primary exchange NYSE Arca
Initial Trade Date 10/20/2020
Maturity Date 10/20/2050
Annual Tracking Fee Rate 0.75%, accrued on a daily basis
Underlying Index Alerian Midstream Energy Adjusted Net Total Return Index
Coupon Frequency --

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 Alerian Midstream Energy Total Return Index ETN is an Exchange Traded Note linked to the performance of the Alerian Midstream Energy Adjusted Net Total Return Index, less tracking fees. The ETN does not pay out any coupons. The underlying index includes material exposure to non-US domiciled companies with principal offices located in Canada. As of the Initial Trade Date in October 2020, Canadian Index Constituent Securities comprised approximately 31% of the overall Index

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