ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL)
| Assets | $16.71M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 1 |
| Open | 58.00 |
| Previous Close | 57.24 |
| Day's Range | 55.71 - 58.00 |
| 52-Week Low | 37.25 |
| 52-Week High | 60.10 |
| Beta | n/a |
| Holdings | n/a |
| Inception Date | Sep 14, 2021 |
About FEDL
The ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL) is an exchange-traded note that is based on the IFED Large-Cap US Equity index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a total return index consisting of large-cap US equities that the issuer believes will benefit from the prevailing monetary environment. The fund uses multiple fundamental factors to select and weight securities. FEDL was launched on Sep 14, 2021 and is issued by UBS.
Performance
FEDL had a total return of 69.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 27.02%.
News
UBS Announces Call Settlement Amounts for Seven ETNs
NEW YORK--(BUSINESS WIRE)--UBS AG announced today the per-security amounts payable (collectively, the “Call Settlement Amounts”) for the below seven UBS-issued exchange traded notes set forth in the f...
UBS Announces Redemption of Seven ETNs
NEW YORK--(BUSINESS WIRE)--UBS AG announced today that it will redeem all of the outstanding securities in each of the seven series of UBS-issued exchange traded notes set forth in the following table...