UBS GROUP AG
HDLB: linked to the Solactive US High Dividend Low Volatility Index Series B
SMHB: linked to the Solactive US Small Cap High Dividend Index Series B
PFFL: linked to the Solactive Preferred Stock ETF Index
CEFD: linked to the S-Network Composite Closed-End Fund Index
MVRL: linked to the Market Vectors Global Mortgage REITs Index
New York, November 4, 2021 - UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes (the "ETNs"), all traded on the NYSE Arca.
NYSE Ticker | ETN Name and Prospectus Supplement* | Coupon Valuation Date | Ex-Date | Record Date | Payment Date | Coupon Amount | Payment Schedule | Current Yield (annualized) | |||||||||
HDLB** | ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | 11/1/2021 | 11/10/2021 | 11/12/2021 | 11/22/2021 | $0.1308 | Monthly | 9.11% | |||||||||
SMHB** | ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B | 11/1/2021 | 11/10/2021 | 11/12/2021 | 11/22/2021 | $0.1422 | Monthly | 14.35% | |||||||||
PFFL** | ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN | 11/1/2021 | 11/10/2021 | 11/12/2021 | 11/22/2021 | $0.2113 | Monthly | 10.67% | |||||||||
CEFD** | ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN | 11/1/2021 | 11/10/2021 | 11/12/2021 | 11/22/2021 | $0.2727 | Monthly | 10.50% | |||||||||
MVRL** | ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN | 11/1/2021 | 11/10/2021 | 11/12/2021 | 11/22/2021 | $0.2917 | Monthly | 12.40% |
* The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see "List of ETNs".
** "Current Yield (annualized)" equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.
Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon linked to 1.5 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield for each is not indicative of future coupon payments, if any, on these ETNs.
Media contact
Christina Aquilina
1-212-713-4488
christina.aquilina@ubs.com
Institutional Investor contact
+1-877-387 2275
- www.etracs.ubs.com
- List of ETNs
- www.ubs.com/media
- Media releaseDownload PDF
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UBS Group AG published this content on 05 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 13:23:10 UTC.
