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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 is linked to The Dow Jones Global ex-U.S. Select Real Estate Securities Index: ETRACS Monthly Pay 2xLeveraged Dow Jones International Real Estate ETN (Ticker: RWXL).

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

NYSE Arca Ticker

   

Name

 

Coupon Valuation Date

 

Ex-Date

 

Record Date

 

Payment Date

 

Coupon Amount per Note

 

Current Yield (annualized)*

 
MLPI**

ETRACS Alerian MLP Infrastructure ETN

3/30/2012 04/11/2012 04/13/2012 04/23/2012

$0.4084

4.88%

MLPL**

ETRACS 2x Monthly Leveraged Long Alerian MLP Infrastructure ETN

3/30/2012

04/11/2012

04/13/2012

04/23/2012

$1.0671

10.25%

MLPG**

ETRACS Alerian Natural Gas MLP Index ETN

3/30/2012

04/11/2012

04/13/2012

04/23/2012

$0.4366

5.77%

MLPW**

ETRACS Wells Fargo MLP ETN

3/30/2012

04/11/2012

04/13/2012

04/23/2012

$0.3516

5.04%

BDCS**

ETRACS Wells Fargo Business Development Company ETN

3/30/2012

04/11/2012

04/13/2012

04/23/2012

$0.3894

6.93%

BDCL**

ETRACS 2x Leveraged Long Wells Fargo Business Development Company ETN

3/30/2012

04/11/2012

04/13/2012

04/23/2012

$0.7378

14.05%

RWXL***

ETRACS Monthly Pay 2xLeveraged Dow Jones International Real Estate ETN

3/30/2012

04/11/2012

04/13/2012

04/23/2012

$0.089

4.29%

 

* “Current Yield” equals the current Coupon Amount annualized and divided by the closing price of the ETNs on March 30, 2012 or, if the closing price is not available on March 30, 2012, 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.

 

** Pays a variable quarterly coupon

 

*** Pays a variable monthly coupon; RWXL launched on March 21, 2012

 

 

 

 

 

 

 

 

About ETRACS

For further information about ETRACS ETNs, go to http://www.etracs.com.

Exchange Traded Access Securities ETNs (“ETRACS ETNs”), are exchange-traded notes, an innovative class of investment products offering access to markets and strategies that may not be readily available to investors, and offer unique diversification opportunities in a number of different sectors. ETRACS ETNs may offer:

  • Access to asset classes with historically low correlations to more traditional asset classes
  • Convenience of an exchange-traded security
  • Transparent exposure to a published index

ETRACS ETNs are senior unsecured notes issued by UBS AG (“UBS”), are traded on NYSE Arca, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the prospectus supplement, or product supplement and pricing supplement, as applicable, for the ETRACS ETN.

There are 42 ETRACS ETNs:  
 

ETRACS ETN Name

Ticker

 

Master Limited Partnerships

Alerian MLP Infrastructure MLPI
2x Monthly Leveraged Long Alerian MLP Infrastructure MLPL
1x Monthly Short Alerian MLP Infrastructure TR* MLPS
Alerian Natural Gas MLP MLPG
Wells Fargo MLP Index MLPW
 

Business Development Companies

Wells Fargo Business Development Company Index BDCS
2x Monthly Leveraged Wells Fargo Business Development Company Index BDCL
 

Alpha Strategies

Long-Short S&P 500 VIX Futures XVIX
Natural Gas Futures Contango ETN GASZ
Oil Futures Contango ETN OILZ
 

Hybrid

S&P 500 Gold Hedged SPGH
Fisher-Gartman Risk On ETN ONN
Fisher-Gartman Risk Off ETN OFF
 

Commodities

CMCI TR UCI
CMCI Agriculture TR UAG
CMCI Energy TR UBN
CMCI Food TR FUD
CMCI Gold TR UBG
CMCI Industrial Metals TR UBM
CMCI Livestock TR UBC
CMCI Long Platinum ER* PTM
CMCI Short Platinum ER PTD
CMCI Silver TR USV
DJ-UBS Commodity Index TR DJCI
 

Equities

Next Generation Internet ETN EIPO
Monthly 2xLeveraged Next Generation Internet ETN EIPL
Long ISE Solid State Drive Index SSDD
2xLeveraged Long ISE Solid State Drive Index SSDL
Monthly 2xLeveraged ISE Cloud Computing TR LSKY
 

Volatility

Long-Short S&P 500 VIX Futures XVIX
Long 1-Month S&P 500 VIX Futures VXAA
Long 2-Month S&P 500 VIX Futures VXBB
Long 3-Month S&P 500 VIX Futures VXCC
Long 4-Month S&P 500 VIX Futures VXDD
Long 5-Month S&P 500 VIX Futures VXEE
Long 6-Month S&P 500 VIX Futures VXFF
Short 1-Month S&P 500 VIX Futures AAVX
Short 2-Month S&P 500 VIX Futures BBVX
Short 3-Month S&P 500 VIX Futures CCVX
Short 4-Month S&P 500 VIX Futures DDVX
Short 5-Month S&P 500 VIX Futures EEVX
Short 6-Month S&P 500 VIX Futures FFVX
 

Income

Monthly Pay 2xLeveraged Dow Jones International Real Estate ETN RWXL
Wells Fargo Business Development Company Index BDCS
2xLeveraged Long Wells Fargo Business Development Company Index BDCL
Alerian MLP Infrastructure Index MLPI
2xMonthly Leveraged Long Alerian MLP Infrastructure Index MLPL
Alerian Natural Gas MLP Index MLPG
Wells Fargo MLP Index MLPW

*TR=Total Return and ER=Excess Return

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