Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN (AMJL)
Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $1.20, down 22.86% on the session, giving a market capitalisation of $8.2M. Its beta of 2.07 implies it has historically moved more than the broad market.
This investment is designed to deliver monthly compounded returns that are double (2x) the performance of the Alerian MLP Index, specifically focusing on its price appreciation. The aforementioned index, in turn, monitors the returns of prominent energy Master Limited Partnerships (MLPs), which are carefully chosen and prioritized by the index's sponsor according to its established methodology. These selected MLPs collectively represent approximately 85% of the entire float-adjusted market capitalization within the energy MLP sector.
Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN is most often compared with the following Financial Services names: