UBS AG ETRACS Silver Shares Covered Call ETN (SLVO)
| Assets | $234.94M |
| Expense Ratio | 0.65% |
| PE Ratio | n/a |
| Shares Out | 176,404 |
| Dividend (ttm) | $15.90 |
| Dividend Yield | 17.88% |
| Ex-Dividend Date | Oct 22, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 42,256 |
| Open | 90.00 |
| Previous Close | 90.65 |
| Day's Range | 88.30 - 90.15 |
| 52-Week Low | 72.60 |
| 52-Week High | 95.99 |
| Beta | 0.40 |
| Holdings | n/a |
| Inception Date | Apr 16, 2013 |
About SLVO
Fund Home PageThe UBS AG ETRACS Silver Shares Covered Call ETN (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, 2025 | $1.175 | Oct 27, 2025 |
| Sep 22, 2025 | $1.2519 | Sep 25, 2025 |
| Aug 20, 2025 | $1.5757 | Aug 26, 2025 |
| Jul 22, 2025 | $1.0594 | Jul 25, 2025 |
| Jun 20, 2025 | $1.3311 | Jun 25, 2025 |
| May 21, 2025 | $2.1553 | May 27, 2025 |
Performance
SLVO had a total return of 32.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 30.10%.
News
SLVO: A Bad Choice As Silver Could Fly Through The Double Top Resistance
Silver is nearing a historic breakout, driven by gold's rally and strong industrial demand, with the potential to surpass its double-top resistance. The gold/silver ratio and chart patterns suggest si...
31 Ideal 'Safer' Monthly Paying September Dividend Stocks And 80 Funds
Imagine stocks and funds paying you dividends monthly! Your angst awaiting dividend payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! September U.S. exchange-...
SLVO: Watching Silver Seasonality For Potential Breakout
I am upgrading SLVO to a buy, as silver appears poised to play catch-up to gold amid improving macro conditions and fiscal concerns. SLVO's covered call strategy has outperformed SLV recently due to s...
SLVO: Adding A Silver Lining To Your Income Portfolio
As an income investor, I recommend diversifying into commodities like silver to hedge against falling stock prices and inflation, especially during market corrections. Silver demand is driven by indus...
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...
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 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
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 Decemb...
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...
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...
My Income Portfolio - Opinions Of A Capricorn
If rationality is the winning weapon of the Capricorn, I hope it will help me in the field of finance, preventing me from acting on impulse in the short term. One of my recent decisions was to reduce ...
89 Monthly Paying Dividend Stocks And 80 Funds Bloom In August
Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually, or (ugh) annually, your anticipatory-angst waiting for money is reduced by 300% or more. The Augu...
86 Monthly Pay Dividend Stocks And 80 Funds Grow In July
Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%.
Boosting My ETF Income Portfolio
In the summer of 2020, I created a small “piggy bank” portfolio consisting of six titles entirely dedicated to ETFs and ETNs as an adjunct to my Cupolone Income Portfolio. I named this new portfolio m...
SLVO: Likely To Deliver Good Returns Over The Next Year
SLVO is a complex instrument which is giving the return as though you were holding SLV and selling covered calls against the position.
If You're Looking For Dividends, Now Is The Time To Hold SLVO
If You're Looking For Dividends, Now Is The Time To Hold SLVO
