UBS news

UBS declares coupon payments on nineteen ETRACS Exchange-Traded Notes, traded on the NYSE. View the site for more information.

New York Media Releases Americas Investment Bank News

  

MLPI: linked to the Alerian MLP Infrastructure Index

MLPQ: linked to the Alerian MLP Infrastructure Index

MLPG: linked to the Alerian Natural Gas MLP Index

BDCS: linked to the Wells Fargo Business Development Company Index

BDCL: linked to the Wells Fargo Business Development Company Index

MLPB: linked to the Alerian MLP Infrastructure Index, Series B

BDCZ: linked to the Wells Fargo Business Development Company Index, Series B

LBDC: linked to the Wells Fargo Business Development Company Index, Series B

DVYL: linked to the Dow Jones U.S. Select Dividend Index

SDYL: linked to the S&P High Yield Dividend Aristocrats Index

MORL: linked to the Market Vectors Global Mortgage REITs Index

DVHL: linked to the NYSE Diversified High Income Index

CEFL: linked to the ISE High Income Index

LMLP: linked to the Wells Fargo MLP Ex-Energy Index

HDLV: linked to the Solactive US High Dividend Low Volatility Index

SMHD: linked to the Solactive US Small Cap High Dividend Index

LRET: linked to the MSCI US REIT Index

MLPZ: linked to the S&P MLP Index

MRRL: linked to the Market Vectors Global Mortgage REITs Index, Series B

New York, January 5, 2018 – UBS Investment Bank today announced coupon payments for 19 ETRACS Exchange Traded Notes (the “ETNs”), all traded on the NYSE Arca.

NYSE Ticker

ETN Name and Prospectus/
Pricing Supplement*

Valuation Date

Ex-
Date

Record Date

Payment Date

Coupon Amount

Payment Schedule

Current Yield (annualized)

MLPI**

ETRACS Alerian MLP Infrastructure ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.3926

Quarterly

6.35%

MLPQ**

ETRACS 2x Monthly Leveraged Long Alerian MLP Infrastructure ETN

1/2/18

1/12/18

1/16/18

1/24/18

$1.2857

Quarterly

13.13%

MLPG**

ETRACS Alerian Natural Gas MLP Index ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.3540

Quarterly

5.74%

BDCS**

ETRACS Wells Fargo Business Development Company Index ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.4468

Quarterly

8.57%

BDCL**

ETRACS 2x Leveraged Long Wells Fargo Business Development Company Index ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.6802

Quarterly

16.50%

MLPZ**

ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B

1/2/18

1/12/18

1/16/18

1/24/18

$1.4698

Quarterly

13.17%

MLPB**

ETRACS Alerian MLP Infrastructure Index ETN Series B

1/2/18

1/12/18

1/16/18

1/24/18

$0.3926

Quarterly

6.35%

BDCZ**

ETRACS Wells Fargo Business Development Company Index ETN Series B

1/2/18

1/12/18

1/16/18

1/24/18

$0.4468

Quarterly

8.57%

LBDC**

ETRACS 2x Leveraged Long Wells Fargo Business Development Company Index ETN Series B

1/2/18

1/12/18

1/16/18

1/24/18

$0.6802

Quarterly

16.41%

DVYL***

ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.5715

Monthly

7.19%

SDYL***

ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.3604

Monthly

5.22%

MORL***

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.7746

Monthly

21.17%

DVHL***

ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.3690

Monthly

13.86%

CEFL***

ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.3801

Monthly

18.47%

LMLP***

ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.0239

Monthly

11.66%

HDLV***

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.3215

Monthly

8.78%

SMHD***

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.5584

Monthly

18.34%

LRET***

ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN

1/2/18

1/12/18

1/16/18

1/24/18

$0.3310

Monthly

8.57%

MRRL***

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B

1/2/18

1/12/18

1/16/18

1/24/18

$0.7746

Monthly

21.17%


* The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see “List of ETNs”.

** “Current Yield (annualized)” equals the current Coupon Amount, multiplied by four (to annualize such coupon), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date 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.

*** “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date 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.

Note: DVYL, SDYL, MORL, DVHL, CEFL, LMLP, HDLV, SMHD, LRET, and MRRL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield for each is not indicative of future coupon payments, if any, on these ETNs.

Media contact
Erica Chase     
+1-212-713 1302
erica.chase@ubs.com

Investor contact
+1-877-387 2275