UBS Investment Bank announced today the quarterly coupon amounts for its four Exchange Traded Notes (ETNs), including three linked to Alerian MLP Indexes – the E-TRACS Alerian MLP Infrastructure ETN (NYSE Arca: MLPI), the E-TRACS 2x Monthly Leveraged Long Alerian MLP Infrastructure ETN (NYSE Arca: MLPL), the E-TRACS Alerian Natural Gas MLP Index ETN (NYSE Arca: MLPG) – and one linked to the Wells Fargo MLP Index – the E-TRACS Wells Fargo MLP ETN (NYSE Arca: MLPW).
The table below summarizes the coupon amounts for the four notes.
|NYSE Arca Ticker||Name||Coupon Valuation Date||Ex-Date||Record Date||Payment||Coupon Amount per Note||Current Yield (annualized)*|
|MLPI||E-TRACS Alerian MLP Infrastructure ETN||3/30/2011||4/8/2011||4/12/2011||4/20/2011||$0.3887||4.95%|
|MLPL||E-TRACS 2x Monthly Leveraged Long Alerian MLP Infrastructure ETN||3/30/2011||4/8/2011||4/12/2011||4/20/2011||$0.9592||10.26%|
|MLPG||E-TRACS Alerian Natural Gas MLP Index ETN||3/30/2011||4/8/2011||4/12/2011||4/20/2011||$0.3672||4.77%|
|MLPW||E-TRACS Wells Fargo MLP ETN||3/30/2011||4/8/2011||4/12/2011||4/20/2011||$0.3222||4.77%|
* “Current Yield” equals the current Coupon Amount annualized and divided by the closing price of the Notes on April 1, 2011, and rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the Notes.
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