ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETNETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETNETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

No trades
See on Supercharts

Key stats

Assets under management (AUM)
‪59.19 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
9.29%
Discount/Premium to NAV
−0.06%

About ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

Issuer
UBS Group AG
Brand
ETRACS
Expense ratio
0.95%
Inception date
Jun 2, 2020
Index tracked
Alerian MLP Index
Management style
Passive
MLPR offers quarterly 1.5x leveraged exposure to index of 50 publicly-traded MLPs, selected by distributions and weighted by market cap. Securities included in the index are MLPs that earn the majority of their cash flow from the following activities: pipeline transportation, gathering and processing, storage, production and mining, marketing, marine transportation, services, catalytic conversion, mineral interest, refining, regasification and other related activities. Since MLPR is an ETN, holders of the note do not have any implied ownership of individual MLPs. Also, the funds distributions will be taxed as ordinary income. The loss of tax deferment and counterparty risk are trade-offs for tax simplicity. As a geared product, MLPR is designed as a short-term trading tool and not a long-term investment vehicle, so long-term returns could materially differ from those of the underlying index.
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy