UBS Investment Bank today announced the quarterly coupon amounts for six ETRACS exchange traded notes (ETRACS ETNs), all traded on the NYSE Arca. Three of the ETNs are linked to Alerian MLP Indexes – ETRACS Alerian MLP Infrastructure ETN (Ticker: MLPI), ETRACS 2x Monthly Leveraged Long Alerian MLP Infrastructure ETN (Ticker: MLPL) and ETRACS Alerian Natural Gas MLP Index ETN (Ticker: MLPG). One ETN is linked to the Wells Fargo MLP Index – ETRACS Wells Fargo MLP ETN (Ticker: MLPW). Two of the ETNs are linked to the Wells Fargo Business Development Company Indexes – ETRACS Wells Fargo Business Development Company ETN (Ticker: BDCS) and ETRACS 2x Leveraged Long Wells Fargo Business Development Company ETN (Ticker: BDCL).
The table below summarizes the coupon amounts for the six notes:
|MLPI||ETRACS Alerian MLP|
|Long Alerian MLP|
|Natural Gas MLP|
|Fargo MLP ETN||6/30/2011||7/12/2011||7/14/2011||7/22/2011||$0.3278||4.96%|
|BDCS||ETRACS Wells Fargo|
|BDCL||ETRACS 2x Leveraged|
|Long Wells Fargo|
* “Current Yield” equals the current Coupon Amount annualized and divided by the closing price of the Notes on July 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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