UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (LMLP)
UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $3.00, up 5.09% on the session, giving a market capitalisation of $18.1M. Its beta of 2.54 implies it has historically moved more than the broad market.
This investment aims to deliver returns that correspond to twice the monthly compounded performance of the Wells Fargo Master Limited Partnership Ex-Energy Index, net of any associated investor fees. The index itself is structured to evaluate the performance of all non-energy Master Limited Partnerships (MLPs) that are traded on either the New York Stock Exchange, NYSE MKT, or NASDAQ, provided they meet predefined market capitalization and other qualifying conditions.
UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN is most often compared with the following Financial Services names: