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ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 (MLPB) ETF Bio

The investment objective of the ETRACS Alerian MLP Infrastructure Index ETN Series B seeks to give investors exposure to the infrastructure component of the Master Limited Partnership asset class. Constituents each earn at least 50% of EBITDA from assets that are not directly exposed to changes in commodity prices. The index is disseminated by the New York Stock Exchange and is a composite of 25 energy infrastructure MLPs.