This Day On The Street
Continue to site
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

UBS Declares Coupon Payments On Seven ETRACS Exchange Traded Notes

UBS Investment Bank today announced coupon payments for seven ETRACS exchange traded notes (the “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 Index: ETRACS Wells Fargo Business Development Company ETN (Ticker: BDCS) and ETRACS 2x Leveraged Long Wells Fargo Business Development Company ETN (Ticker: BDCL). And finally, one ETN linked to The Fisher-Gartman Risk Index: ETRACS Fisher-Gartman Risk On ETN (Ticker: ONN).

The table below summarizes the relevant coupon information for the seven ETNs:


NYSE Arca Ticker


Coupon Valuation Date


Record Date

Payment Date

Coupon Amount per Note

Current Yield (annualized)*


ETRACS AlerianMLP InfrastructureETN

12/30/2011 01/11/2012 01/13/2012 01/24/2012 $0.4060 4.91%

ETRACS 2xMonthly LeveragedLong Alerian MLPInfrastructure ETN

12/30/2011 01/11/2012 01/13/2012 01/24/2012 $0.9593 9.43%

ETRACS AlerianNatural Gas MLPIndex ETN

12/29/2011 01/11/2012 01/13/2012 01/24/2012 $0.4202 5.66%


12/23/2011 01/11/2012 01/13/2012 01/24/2012 $0.3457 5.08%

ETRACS WellsFargo BusinessDevelopmentCompany ETN

12/30/2011 01/11/2012 01/13/2012 01/24/2012 $0.4654 9.16%

ETRACS 2xLeveraged LongWells FargoBusinessDevelopmentCompany ETN

12/30/2011 01/11/2012 01/13/2012 01/24/2012 $0.8197 18.74%

ETRACS Fisher-Gartman Risk OnETN

12/30/2011 01/11/2012 01/13/2012 01/24/2012 $0.2510 1.00%

* “Current Yield” equals the current Coupon Amount annualized and divided by the closing price of the ETNs on December 30, 2011 or, if the closing price is not available on December 30, 2011, the previous available closing price, and rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETNs. You are not guaranteed any coupon or distribution amount under the ETNs.

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
Only $9.95
14-Days Free
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!


DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs