Fund Description
The ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN due October 16, 2042 (the Securities ) is a series of Monthly Pay 2xLeveraged ETRACS linked to the Market Vectors Global Mortgage REITs Index (the 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
Fund Profile
Fund Name ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
Fund Exchange Ticker MORL
Fund Sponsor UBS
Fund ISIN US90269A3023
Net Expense Ratio 0.40 %
Fund Inception Date 16 October 2012
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Market Vectors Global Mortgage REITs Index
Index Provider Market Vectors
Currency Hedged No
Inverse / Leveraged Leveraged (2x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 21 August 2019
Asset Under Management 377.48 Million (USD)
1 Month Total Return -1.03 %
Year To Date Return 26.15 %
1 Year Total Return 4.37 %
3 Year Annualized Total Return 17.64 %
NAV 12.48
Share Outstanding 30,246,500
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting