| Fund Description |
| The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN is designed to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the MVIS US Mortgage REITs Index, less financing costs and tracking fees, and may pay a variable monthly coupon linked to the leveraged cash distributions associated with the underlying mortgage REIT index constituents. The MVIS US Mortgage REITs Index is a modified capitalization-weighted, float-adjusted index designed to give investors a means of tracking the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50% (25% for current Index components) of their revenues from mortgage-related activity. This includes REITs that are primarily engaged in the purchase or service of commercial or residential mortgage loans or mortgage-related securities. |
| Fund Profile |
| Fund Name |
ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN |
| Fund Exchange Ticker |
MVRL |
| Fund Sponsor |
UBS |
| Fund ISIN |
US90269A3445 |
| 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 |
Equities (Stocks) |
| Index Linked |
Passive |
| Index Name |
MVIS US Mortgage REITs Index |
| Index Provider |
MVIS Index |
| Currency Hedged |
No |
| Inverse / Leveraged |
Leveraged (1.5x) |
| Developed / Emerging |
Developed Market Funds |
| Market Capitalization Range |
Broad Market / Multi-Cap |
| Growth Value |
Core / Blend |
| Continent |
North America |
| Key Statistics |
| Return As of Date |
5 August 2022 |
| Asset Under Management |
31.16 Million (USD) |
| 1 Month Total Return |
6.63 % |
| Year To Date Return |
-23.13 % |
| 1 Year Total Return |
-25.29 % |
| 3 Year Annualized Total Return |
|
| NAV |
31.16 |
| Share Outstanding |
1,000,000 |