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Target Sector Weightings (Graphic: Business Wire)

UBS Investment Bank announced that today is the first day of trading on the NYSE Arca ® for the ETRACS Diversified High Income ETN (NYSE:DVHI). DVHI is linked to the performance of the NYSE ® Diversified High Income Index (the “Index”).


DVHI Profile

Underlying Index NYSE ® Diversified High Income Index
Index Yield* 7.71%
Income Potential Variable monthly coupon linked to the cash distributions, if any, of the 138 Index constituents, less investor fees and any withholding taxes

*The Index Yield is calculated as of September 13, 2013 by the sponsor of the Index, NYSE Group, Inc. Because the Index Yield does not reflect investor fees or applicable withholding taxes, and the variable monthly coupon that may be paid by the ETN, if any, is subject to fees and withholding taxes, the yield on the ETNs will always be less than the Index Yield (and the total return on the ETNs will always be less than the total return on a hypothetical direct investment in the Index or Index constituents). Investors are not guaranteed any coupon or distribution amount under the ETN.

DVHI Offers Investors:

  • Significant income potential in the form of a variable monthly coupon linked to the cash distributions, if any, on the Index constituents, less investor fees and any withholding taxes.
  • Exposure to an index comprised of a diversified portfolio of 138 publicly-traded, income-producing securities.
  • Diversification across geographic regions (e.g., emerging market bonds and international equities) and across asset classes and sectors (e.g., equities, fixed income, MLPs, BDCs, REITs, preferred stock, high yield bonds, etc.).

“Investors seeking high yields typically turn to investments in narrowly-focused asset classes or sectors,” said Paul Somma, Senior ETRACS Structurer. “DVHI's exposure to a multi-asset index provides investors with access to a diversified portfolio of income-producing assets in a single, transparent, exchange-traded security.”

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