UBS ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL)
UBS ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $3.64, up 1.11% on the session, giving a market capitalisation of $121.2M. Its beta of 4.61 implies it has historically moved more than the broad market.
This Exchange Traded Note (ETN), part of the ETRACS Monthly Pay 2xLeveraged series and set to mature on December 10, 2043, aims to provide investment returns that mirror twice the monthly price performance of the ISE High Income™ Index. This underlying index tracks the performance of thirty U.S. closed-end funds, which are selected and ranked by its sponsor according to a specific methodological framework.
UBS ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN is most often compared with the following Financial Services names: