Symbols

AMUB

ETRACS Alerian MLP Index ETN Series B·ARCA

--(--)

Key Stats

Assets Under Management

41.66MUSD

Fund Flows (1Y)

-42.56MUSD

Dividend Yield

6.53%

Discount/Premium to NAV

-0.13%

Shares Outstanding

1.70M

Expense Ratio

0.80%

About ETRACS Alerian MLP Index ETN Series B

Issuer

UBS

Brand

ETRACS

Home Page

http://etracs.ubs.com/product/detail/index/ussymbol/AMUB

Inception Date

Oct 8, 2015

Structure

Exchange-Traded Note

Index Tracked

Alerian MLP Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Distributor

UBS Securities LLC

AMUB tracks a market cap-weighted index of the 50 publicly traded MLPs, selected by distributions. The note launched on Oct. 9, 2015 as a "B Series” companion to AMU, providing more capacity for exposure to the same index. AMUB (and AMU) are alternatives to AMJ, another ETN that tracks the same index but that is currently closed for creations. Since AMUB is an ETN, holders of the note do not have any implied ownership of individual MLPs. Also, AMUB's distributions will be taxed as ordinary income. The loss of tax deferment and counterparty risk are trade-offs for tax simplicity.