UBS AG ETRACS Silver Shares Covered Call ETNs due April 21, 2033 (SLVO)
| Assets | $177.77M |
| Expense Ratio | 0.65% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $13.70 |
| Dividend Yield | 17.49% |
| Ex-Dividend Date | Oct 22, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 11,312 |
| Open | 79.89 |
| Previous Close | 79.10 |
| Day's Range | 78.29 - 79.89 |
| 52-Week Low | 68.51 |
| 52-Week High | 86.36 |
| Beta | n/a |
| Holdings | n/a |
| Inception Date | Apr 16, 2013 |
About SLVO
Fund Home PageThe UBS AG ETRACS Silver Shares Covered Call ETNs due April 21, 2033 (SLVO) is an exchange-traded note that mostly invests in silver commodities. The fund offers the returns of a covered-call strategy comprising long shares of a physical silver ETF (SLV) and short 1-month call options with a strike price of 106% of SLV. SLVO was launched on Apr 16, 2013 and is issued by ETRACS.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 22, 2024 | $2.148 | Oct 25, 2024 |
| Sep 20, 2024 | $1.745 | Sep 25, 2024 |
| Aug 21, 2024 | $1.554 | Aug 27, 2024 |
| Jul 22, 2024 | $1.361 | Jul 25, 2024 |
| Jun 21, 2024 | $1.571 | Jun 26, 2024 |
| May 21, 2024 | $2.125 | May 28, 2024 |
News
The Hidden Costs Of SLVO's High Yield
SLVO offers high monthly dividends through a covered call strategy but caps upside potential, making it less ideal during strong silver rallies. Despite a bullish outlook on silver, SLVO's structure a...
UBS Declares Coupon Payments on 8 ETRACS Exchange Traded Notes
NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Note...
SLVO: Don't Blow This Bull Run On Covered Calls
I'm bullish on Silver, due to its fundamental setup, highlighted by a 6-year running supply/demand deficit. Despite my bullishness on Silver, I'm bearish of the Credit Suisse X-Links Silver Shares Cov...
Silver Looks Ready To Break Out On The Next Round Of Rate Cuts
Silver has provided significant returns, up over 40% in the last year, and may catch up to gold in the ongoing precious metal bull market. The Federal Reserve's interest rate cuts and potential increa...
UBS declares coupon payments on 8 ETRACS Exchange Traded Notes
NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Note...
UBS declares coupon payments on 14 ETRACS Exchange Traded Notes
NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 11 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Not...
SLVO: If You Are Looking For A Rally In Silver, SLVO Is Not The Answer
2024 has seen significant rallies in commodities, including oil, coffee, gold, and cocoa. The Credit Suisse X-Links Silver Shares Covered Call ETN offers exposure to silver but caps its upside to +6% ...
SLVO: Why Covered Calls Are Not The Right Approach To Silver
A covered call strategy involves owning an asset and selling call options, benefiting from modest price increases but resulting in losses during extreme price moves. Silver has traded in a narrow rang...
SLVO: A Tarnished Option In The Search For Yield
SLVO is a choice for investors seeking additional income through covered calls on silver prices. The article questions the practicality of SLVO despite its theoretical advantages. The high cost of SLV...
January's 83 Monthly Paid Dividend Stocks And 80 Funds
Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These Janu...
79 Monthly-Paying Dividend Stocks And 80 Funds For December
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82 Monthly Paying Dividend Stocks And 80 Funds For October
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Oc...
SLVO: 18% Imaginary Yield, But You Can Do Better
The Credit Suisse X-Links™ Silver Shares Covered Call ETN offers a strategy of selling covered calls on silver to take advantage of its high implied volatility. The ETN's return is linked to the Credi...
83 Monthly Paying Dividend Stocks And 80 Funds For September
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst waiting for money is reduced by 300% or more! These Au...
Credit Suisse Announces Expected Coupon Payments on Credit Suisse X Links® Exchange Traded Notes (the "ETNs")
On September 1, 2023, Credit Suisse announced expected coupon payments for the following ETNs.
85 Monthly Paying Dividend Stocks And 80 Funds For August
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Au...
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")
NEW YORK , Aug. 4, 2023 /PRNewswire/ -- On August 1, 2023, Credit Suisse announced expected coupon payments for the following ETNs: ETN Ticker ETN Name Closing IndicativeValue on7/31/23 Ex-Date Record...
SLVO: Converting Silver Volatility Into Yield
The Credit Suisse X-Links Silver Shares Covered Call ETN (SLVO) provides exposure to the iShares Silver Trust ETF (SLV) with a call-writing overlay. Despite a 19.4% trailing yield, SLVO's 5-year avera...
87 Monthly Paying Dividend Stocks And 80 Funds For July
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Ju...
83 Monthly-Paying Dividend Stocks And 80 Funds For May
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Ma...
89 Monthly Paying Dividend Stocks And 80 Funds For April
Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more!
94 Monthly Paying Dividend Stocks And 80 Funds For March
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Ma...
UBS' Credit Suisse Buyout Leaves Fate of ETF Arm Unanswered
The merger would bring one of Europe's largest asset gatherers to UBS.
Readers Reveal 31 Ideal Dividend Dogs From November
Prior to November 30, 2022, readers mentioned 43 equities in their recent comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). ...
99 Monthly Paying Dividend Stocks And 80 Funds For November
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These No...