ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Series B 

  • Current Indicative Value
  • 11/28/2020 | 07:14 pm
  • USD 9.43
  • Current Spot Price USD 9.50
  • 11/27/2020 | 01:10 pm


CUSIP 90269A476
Primary exchange NYSE Arca
Initial Trade Date 10/24/2019
Maturity Date 10/21/2049
Leverage 2.00x
Annual Tracking Rate 0.85%, accrued on a daily basis
Underlying Index Wells Fargo MLP Ex-Energy Index
Coupon Frequency Monthly

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 Wells Fargo® MLP Ex-Energy ETN Series B (NYSE: LMLB) (“LMLB” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of Wells Fargo® Master Limited Partnership Ex-Energy Index, less investor fees. LMLB has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and may pay 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.