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

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

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

LRET: linked to the MSCI US REIT Index

MRRL: linked to the Market Vectors Global Mortgage REITs Index

PFFL: linked to the Solactive Preferred Stock ETF Index

New York, December 6, 2018 – UBS Investment Bank today announced coupon payments for 12 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)

DVYL

ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.7015

Monthly

8.30%**

SDYL

ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.4643

Monthly

5.66%**

MORL

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.0660

Monthly

20.56%**

DVHL

ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.2016

Monthly

14.15%**

CEFL

ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.2185

Monthly

18.05%**

LMLP

ETRACS 2xLeveraged Wells Fargo MLP Ex-Energy ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.3962

Monthly

14.89%**

HDLV

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.2382

Monthly

9.51%**

SMHB

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

11/30/18

12/13/18

12/14/18

12/24/18

$0.1696

Monthly

8.51%***

SMHD

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.1459

Monthly

20.39%**

LRET

ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.1383

Monthly

8.41%**

MRRL

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B

11/30/18

12/13/18

12/14/18

12/24/18

$0.0660

Monthly

20.56%**

PFFL

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN

11/30/18

12/13/18

12/14/18

12/24/18

$0.2168

Monthly

7.81%**

* 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".

** 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 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 multiplied by twelve (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.

Note: The ETNs listed in the table pay a variable monthly coupon linked to 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