Fund Description |
The ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSE: PFFL) is an exchange-traded note linked to the performance of the Solactive Preferred Stock ETF Index, less investor fees. The Solactive Preferred Stock ETF Index, is intended to track the price movements of an equally weighted portfolio containing two U.S. preferred stock ETFs. Each of the ETFs seeks to track the performance of separate indices, which measure the performance of a select group of preferred stock securities. |
Fund Profile |
Fund Name |
ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN |
Fund Exchange Ticker |
PFFL |
Fund Sponsor |
UBS |
Fund ISIN |
US90274E1745 |
Net Expense Ratio |
0.85 % |
Fund Inception Date |
25 September 2018 |
Fund Legal Structure |
ETN |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Other Asset Types - Leveraged / Inverse |
Asset Class |
Other Asset Types |
Index Linked |
Passive |
Index Name |
Solactive Preferred Stock ETF Index |
Index Provider |
Solactive AG |
Currency Hedged |
No |
Inverse / Leveraged |
Leveraged (2x) |
Developed / Emerging |
Developed Market Funds |
Key Statistics |
Return As of Date |
27 November 2023 |
Asset Under Management |
9.21 Million (USD) |
1 Month Total Return |
10.00 % |
Year To Date Return |
-11.67 % |
1 Year Total Return |
-19.83 % |
3 Year Annualized Total Return |
-15.85 % |
NAV |
9.21 |
Share Outstanding |
1,000,000 |