ETRACS Montly Pay 2xLeveraged US High Dividend Low Volatility ETN due September 30, 2044 (HDLV) ETF
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ETRACS Montly Pay 2xLeveraged US High Dividend Low Volatility ETN due September 30, 2044 (HDLV) ETF Bio
The investment objective of the UBS ETRACS Monthly Pay 2x Leveraged US High Dividend Low Volatility ETN seeks to track the performance of the price return version of the Solactive US High Dividend Low Volatility Index. The Securities provide a monthly compounded two times leveraged long exposure to the performance of the Index, reduced by the Accrued Fees. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization.