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ETRACS 2XMTHLY LEVERAGE LONG ALERIAN MLP: (BATS : MLPL)

(U.S : BATS) As of Jul 29, 2014 02:19 PM ET

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$68.16 USD

-0.26 (-0.38%)

Volume: 3,221

Zacks ETF Rank: 0 - Not Rated [?]          

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 68.42
Open 68.60
Bid 67.82
Ask 67.93
Day Low-High 67.90-68.77
52wk Low-High 48.78-71.27
Volume 3,221
NAV (month end) 71.09
Premium (+)/Discount (-) (month end)-2.67

Zacks Premium Research for MLPL

Zacks ETF Rank [?] Not rated 0
ETF Risk [?] NA

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 0.85%
Dividend (Yield) $5.58 (8.14%)
Issuer UBS AG

Benchmark for MLPL

ALERIAN MLP INFRASTRUCTURE INDEX

This Index comprised of 25 energy infrastructure Master Limited Partnerships, is a liquid, midstream-focused subset of the Alerian MLP Index. The Index is calculated using a capped, float-adjusted, capitalization-weighted methodology that results in greater diversification versus a pure market capitalization-weighted index.

Fund Summary for MLPL

ETRACS 2XMTHLY LEVERAGE LONG ALERIAN MLP

The ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index is designed to track a leveraged investment in the Alerian MLP Infrastructure Index & pay a variable quarterly coupon linked to the leveraged cash distributions associated with the underlying MLP constituents, less financing costs & investor fees.