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ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN: (MORL)

(Real Time Quote from BATS) As of May 25, 2018 03:57 PM ET

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$15.34 USD

15.34
72,203

+0.01 (0.07%)

Volume: 72,203

Zacks ETF Rank NA

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 15.33
Open 15.45
Bid 15.18
Ask 15.86
Day Low-High 15.18-15.48
52wk Low-High 12.50-19.50
Volume 72,203
NAV (month end) 17.61
Premium (+)/Discount (-) (month end)-2.28

Zacks Premium Research for MORL

Zacks ETF Rank NA
ETF Risk High
ETF Research Report

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 0.40%
Dividend (Yield) $2.59 (16.91%)
Issuer UBS AG

Benchmark for MORL

MVIS GLOBAL MORTGAGE REITS INDEX

The MVIS US Mortgage REITs Index is a float-adjusted, market capitalization-weighted index designed to measure the performance of publicly traded mortgage REITs.

Fund Summary for MORL

ETRACS MONTHLY PAY 2XLEVERED MORT REIT

The ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN is linked to the monthly compounded 2x leveraged performance of the MVIS Global Mortgage REITs Index, reduced by the accrued fees.