ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL)
- Equity | U.S. Mortgage Funds
The investment seeks to link to the Market Vectors® Global Mortgage REITs Index. The index tracks the overall performance of publicly-traded mortgage REITs that derive at least 50% of their revenues from mortgage-related activities. The Securities are senior unsecured debt securities issued by UBS AG (UBS). The Securities provide a monthly compounded two times leveraged long exposure to the performance of the Index, reduced by the Accrued Fees.
Fund Snapshot Updated 06.17.2013
|Previous Close||$22.99||Expense Ratio||0.35%|
|YTD Return||6.3%||Avg. 30-Day Volume||176,727|
|1-Year Return||0.0%||Market Cap||Loading...|