Fund Description
The ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN is designed to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index, less financing costs and tracking fees, and may pay a variable quarterly coupon linked to the leveraged cash distributions associated with the underlying Master Limited Partnership index constituents. The Alerian MLP Index measures the composite performance of energy master limited partnerships ( MLPs ), and is calculated by S&P Dow Jones Indices using a capped, float-adjusted, capitalization-weighted methodology. The MLPs included in the Index earn the majority of their cash flow from qualifying activities involving energy commodities, which include pipeline transportation, gathering and processing, storage, production and mining, marketing, marine transportation, services, catalytic conversion, mineral interest, refining, regasification and other related activities.
Fund Profile
Fund Name ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
Fund Exchange Ticker MLPR
Fund Sponsor UBS
Fund ISIN US90269A2785
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 Alerian MLP Index
Index Provider Alerian
Currency Hedged No
Inverse / Leveraged Leveraged (1.5x)
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 26 January 2022
Asset Under Management 35.33 Million (USD)
1 Month Total Return 13.74 %
Year To Date Return 11.11 %
1 Year Total Return 64.77 %
3 Year Annualized Total Return
NAV 35.33
Share Outstanding 1,000,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting