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About ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
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Inception date
Jun 2, 2020
Structure
Exchange-Traded Note
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%
Distributor
UBS Securities LLC
MLPR offers quarterly 1.5x leveraged exposure to index of 50 publicly-traded MLPs, selected by distributions and weighted by market cap. Securities included in the index are MLPs that earn the majority of their cash flow from the following activities: pipeline transportation, gathering and processing, storage, production and mining, marketing, marine transportation, services, catalytic conversion, mineral interest, refining, regasification and other related activities. Since MLPR is an ETN, holders of the note do not have any implied ownership of individual MLPs. Also, the funds distributions will be taxed as ordinary income. The loss of tax deferment and counterparty risk are trade-offs for tax simplicity. As a geared product, MLPR is designed as a short-term trading tool and not a long-term investment vehicle, so long-term returns could materially differ from those of the underlying index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MLPR last dividends amounted to 1.64 USD. The quarter before, the issuer paid 1.50 USD in dividends, which shows a 8.49% increase.
MLPR assets under management is 18.29 M USD. It's risen 9.12% over the last month.
MLPR fund flows account for −40.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MLPR pays dividends to its holders with the dividend yield of 10.30%. The last dividend (Apr 22, 2025) amounted to 1.64 USD. The dividends are paid quarterly.
MLPR shares are issued by UBS Group AG under the brand ETRACS. The ETF was launched on Jun 2, 2020, and its management style is Passive.
MLPR expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
MLPR follows the Alerian MLP. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MLPR price has risen by 6.34% over the last month, and its yearly performance shows a 6.36% increase. See more dynamics on MLPR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.32% over the last month, showed a −11.36% decrease in three-month performance and has increased by 14.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.32% over the last month, showed a −11.36% decrease in three-month performance and has increased by 14.29% in a year.
MLPR trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.