ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B
- Current Indicative Value
- 12/11/2019 | 12:33 pm
- USD 23.47
- Current Spot Price USD 23.50
- 12/11/2019 | 12:47 pm
Profile
CUSIP | 90274D242 |
Primary exchange | NYSE Arca |
Initial trade date | 2/08/2016 |
Maturity date | 2/12/2046 |
Leverage | 2x |
Annual Tracking Rate | 0.95%, accrued on a daily basis |
Underlying Index | S&P MLP 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 2xMonthly Leveraged S&P MLP Index ETN Series B (NYSE: MLPZ) (“MLPZ” or the “ETN”) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of S&P MLP Index, less investor fees. MLPV has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and pays a variable quarterly coupon linked to the cash distributions, if any, on the Index constituents.