UBS ETRACS Alerian MLP Index ETN (AMU)
UBS ETRACS Alerian MLP Index ETN operates in the Asset Management industry of the Financial Services sector. The stock last traded at $8.43, down 0.30% on the session, giving a market capitalisation of $11.6M. Its beta of 2.04 implies it has historically moved more than the broad market.
This investment vehicle is designed to track the financial performance of the Alerian MLP Index, net of its inherent fees. The index itself monitors the returns of 50 key master limited partnerships within the energy industry. These constituent entities derive the bulk of their earnings from activities such as transporting, storing, processing, or producing various energy commodities. The calculation, upkeep, and dissemination of the Alerian MLP Index are managed by S&P, in collaboration with the index's sponsor.
UBS ETRACS Alerian MLP Index ETN is most often compared with the following Financial Services names: