| Fund Description |
| The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN is designed to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index, less financing costs and tracking fees, and may pay a variable monthly coupon linked to the leveraged cash distributions associated with the underlying Closed-End Fund index constituents. The S-Network Composite Closed-End Fund Index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the value of the Index). The Index contains closed-end funds selected from three main taxable annual yield sectors: Investment Grade Fixed Income Closed-End Funds, High-Yield Fixed Income Closed-End Funds, and Option Income Closed-End Funds. |
| Fund Profile |
| Fund Name |
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN |
| Fund Exchange Ticker |
CEFD |
| Fund Sponsor |
UBS |
| Fund ISIN |
US90269A2868 |
| Net Expense Ratio |
0.95 % |
| Fund Inception Date |
2 June 2020 |
| Fund Legal Structure |
ETN |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Leveraged / Inverse |
| Asset Class |
Other Asset Types |
| Index Linked |
Passive |
| Index Name |
S-Network Composite Closed-End Fund Index |
| Index Provider |
S-Network Global Indexes LLC |
| Currency Hedged |
No |
| Inverse / Leveraged |
Leveraged (1.5x) |
| Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
| Key Statistics |
| Return As of Date |
5 August 2022 |
| Asset Under Management |
24.04 Million (USD) |
| 1 Month Total Return |
8.50 % |
| Year To Date Return |
-20.85 % |
| 1 Year Total Return |
-20.11 % |
| 3 Year Annualized Total Return |
|
| NAV |
24.04 |
| Share Outstanding |
1,000,000 |