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

17.31
Delayed Data
As of Dec 08
 +0.01 / +0.06%
Today’s Change
14.35
Today|||52-Week Range
19.50
+11.10%
Year-to-Date
MORL Regular Dividend: MORL will begin trading ex-dividend on 12/12/17 with a $0.0387 dividend payable to shareholders of record as of 12/13/17.

Investment Objective

The investment seeks to link to the Market Vectors-® Global Mortgage REITs Index. The index tracks the overall performance of publicly-traded mortgage REITs that derive at least 50% of their revenues from mortgage-related activities. The Securities are senior unsecured debt securities issued by UBS AG (UBS). The Securities provide a monthly compounded two times leveraged long exposure to the performance of the Index- reduced by the Accrued Fees.

Performance

1 month+7.95% 3 years+14.90%
3 months+2.34% 5 years+15.48%
1 year+31.26% Since inception+14.79%
Data through 12/08/2017

Quote Details

Previous close$17.30
Open day’s range17.19 – 17.40
Net asset value (NAV)17.30 (12/07/2017)
Daily volume150,209
Average volume (3 months)214,077
Data as of 3:59pm ET, 12/08/2017

Peer Comparisonvs. Trading--leveraged equity ETFs

 MORLCategory
Performance 5-yr return+15.48%+16.48%
Expense Gross exp ratio0.40%2.03%
Risk 5 year sharpe ratio0.66--
Net assets$410.8M$96.0M
Average market cap----
Average P/E----
Dividend / Share--0.31%

Competitors

SDYL UBS ETRACS Monthly Pay 2xLeveraged S&P D...
SPLX UBS ETRACS Monthly Reset 2xLeveraged S&P...
SFLA iPath® Long Extended S&P 500® TR Index...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.