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UBS Declares Coupon Payments On Four Monthly Pay ETRACS Exchange-Traded Notes

UBS Investment Bank today announced coupon payments for four ETRACS exchange-traded notes (the “ETNs”), all traded on the NYSE Arca. The relevant coupon information is provided in the table below:

               
NYSE ETN Valuation Ex- Record Payment Coupon Payment Current Yield*
Ticker Name Date Date Date Date Amount Schedule (annualized)

ETRACS Monthly

Pay 2xLeveraged

RWXL

Dow Jones

8/30/13 9/11/13 9/13/13 9/23/13 $0.1636 Monthly 6.14%

International Real

Estate ETN

 

ETRACS Monthly

DVYL

Pay 2xLeveraged

Dow Jones Select

8/30/13 9/11/13 9/13/13 9/23/13 $0.3399 Monthly 7.56%

Dividend Index ETN

 

ETRACS Monthly

SDYL

Pay 2xLeveraged

8/30/13 9/11/13 9/13/13 9/23/13 $0.2047 Monthly 5.68%

S&P Dividend ETN

 

ETRACS Monthly

MORL

Pay 2xLeveraged

8/30/13 9/11/13 9/13/13 9/23/13 $0.0884 Monthly 28.21%

Mortgage REIT ETN

 

 

* Due to the monthly coupon payment schedule of these ETNs, “Current Yield (annualized)” equals the sum of the most recently announced Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing price of the ETN on its current Coupon Valuation Date, or, if the closing price is not available on that date, then 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 ETN. You are not guaranteed any coupon or distribution amount under the ETN.

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