This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

UBS Declares Quarterly Coupon On Four E-TRACS MLP ETNs

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.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs