ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL)

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Fund Description

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 07.10.2014

Previous Close $21.95 Expense Ratio 0.35%
YTD Return 31.60% Avg. 30-Day Volume 353,743
1-Year Return 29.3% Market Cap Loading...
Bid $22.02 Shares Outstanding 12,450,000
Ask $22.04 Dividends $4.24

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