ETRACS Alerian MLP Index ETN Class BETRACS Alerian MLP Index ETN Class BETRACS Alerian MLP Index ETN Class B

ETRACS Alerian MLP Index ETN Class B

No trades
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Key stats


Assets under management (AUM)
‪41.63 M‬USD
Fund flows (1Y)
‪−47.55 M‬USD
Dividend yield (indicated)
6.56%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪2.20 M‬
Expense ratio
0.80%

About ETRACS Alerian MLP Index ETN Class B


Brand
ETRACS
Inception date
Oct 8, 2015
Structure
Exchange-Traded Note
Index tracked
Alerian MLP
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%
Distributor
UBS Securities LLC
ISIN
US90274D3742
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.

Broaden your horizons with more funds linked to AMUB via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
MLPs
Strategy
Dividends
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Distributions
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AMUB trades at 18.88 USD today, its price has fallen −0.10% in the past 24 hours. Track more dynamics on AMUB price chart.
AMUB net asset value is 18.88 today — it's fallen 0.31% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AMUB assets under management is ‪41.63 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AMUB price has fallen by −1.84% over the last month, and its yearly performance shows a 6.70% increase. See more dynamics on AMUB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.31% over the last month, have fallen by −0.31% over the last month, showed a −0.85% decrease in three-month performance and has increased by 13.27% in a year.
AMUB fund flows account for ‪−47.55 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AMUB expense ratio is 0.80%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AMUB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AMUB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AMUB shows the neutral signal. See more of AMUB technicals for a more comprehensive analysis.
Yes, AMUB pays dividends to its holders with the dividend yield of 6.56%.
AMUB trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AMUB shares are issued by UBS Group AG
AMUB follows the Alerian MLP. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 8, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.