PFFL 10.48 ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN
| Range: | 7.86-11.65 | Vol Avg: | 4047 | Last Div: | 1.15 | Changes: | 0.15 |
| Beta: | 51.47 | Cap: | 0.01B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Wed Sep 26 2018 | Empoloyees: | |||
| CUSIP: | 90274E174 | CIK: | 0001114446 | ISIN: | US90274E1745 | Country: | US |
The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
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