Key stats
About ETRACS CMCI Total Return ETN Series B
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Inception date
Oct 8, 2015
Structure
Exchange-Traded Note
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Distributor
UBS Securities LLC
ISIN
US90274D3908
UCIB provides exposure to five commodity groups representing 23 commodities, which can vary at each bi-annual reviews. The note attempts to provide diversified exposure to a large basket of commodities by weighting each commodity sector by economic importance and each commodity by consumption. A mix of fundamental and liquidity are used, fundamental weights are derived from economic indicators such as CPI, PPI, and GDP, commodity-level consumption data and liquidity weights rely on combination of open interest and volume data. As a result, the ETN distributed sector weights more evenly. It attempts to beat contango by using up to five different futures contracts for each commodity, rather than simply one front-month contract, and by continuously rolling its exposure. The target contracts or Standard Constant Maturities are 3 months, 6 months, 1 year, 2 years, and 3 years for each commodity.
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
UCIB assets under management is 22.87 M USD. It's risen 1.00% over the last month.
UCIB fund flows account for −2.67 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.
No, UCIB doesn't pay dividends to its holders.
UCIB shares are issued by UBS Group AG under the brand ETRACS. The ETF was launched on Oct 8, 2015, and its management style is Passive.
UCIB expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
UCIB follows the UBS CMCI Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UCIB price has fallen by −0.35% over the last month, and its yearly performance shows a 5.58% increase. See more dynamics on UCIB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.46% over the last month, showed a 0.00% increase in three-month performance and has increased by 6.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.46% over the last month, showed a 0.00% increase in three-month performance and has increased by 6.78% in a year.
UCIB trades at a premium (0.44%) meaning the ETF is trading at a higher price than the calculated NAV.