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NYSEARCA:LMLP

UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (LMLP) Price, Holdings, & News

$3.00 +0.15 (+5.26%)
As of 03/24/2020

About UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (NYSEARCA:LMLP)

Key Stats

Today's Range
$2.90
▼
$3.28
50-Day Range
$3.00
▼
$3.00
52-Week Range
$1.00
▼
$18.46
Volume
40,200 shs
Average Volume
30,370 shs
Market Capitalization
$3.83 million
Assets Under Management
$3.77 million
Dividend Yield
21.33%
Net Expense Ratio
0.85%
Aggregate Rating
N/A

ETF Overview

The investment seeks a return linked to the monthly compounded 2x leveraged performance of Wells Fargo Master Limited Partnership Ex-Energy Index, less investor fees. The index is intended to measure the performance of all non-energy master limited partnerships ("MLPs") listed on the New York Stock Exchange ("NYSE"), NYSE MKT or NASDAQ that satisfy market capitalization and other eligibility requirements.

UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Expenses

TypeLMLPNYSEARCA ETFsAll ETFs
Management Fee0.00%0.50%0.53%
Other Expenses0.00%0.60%0.54%
Total Expense0.00%0.75%0.73%
Fee Waiver0.00%-0.76%-0.67%
Net Expense0.85%0.57%0.60%
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LMLP ETF News Headlines

Pay Czar Off Base With Wells Fargo Criticism
What the 1929 crash math means for retirees today
In 1929, the Dow fell 89 percent and took 25 years to recover. A 60-year-old who held on wasn't made whole until age 85. Today, the national debt sits at 38.86 trillion dollars, a level the market has never faced before. Economists including Peter Schiff and Ray Dalio point to a classic bubble forming.tc pixel
Wells Fargo agrees to $1 billion shareholder settlement
Best Wells Fargo credit cards of May 2023
See More Headlines

LMLP ETF - Frequently Asked Questions

UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN's stock was trading at $3.00 at the beginning of the year. Since then, LMLP shares have increased by 0.0% and is now trading at $3.00.

Fund Details

Issuer
Fund Name
ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN
Tax Classification
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:LMLP
Inception Date
1/1/2100
Fund Manager
N/A
Web
N/A

Fund Focus

Asset Class
Benchmark
N/A
Category
Focus
Development Level
Region
Number of Holdings
0

Fund Statistics

Assets Under Management
$3.77 million
Average Daily Volume
$54.33 thousand
Discount/Premium
0.04%

Administrator, Advisor and Custodian

Administrator
N/A
Advisor
N/A
Custodian
N/A
Distributor
N/A
Transfer Agent
N/A
Trustee
N/A
Lead Market Maker
N/A

Miscellaneous

Beta
N/A
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This page (NYSEARCA:LMLP) was last updated on 3/24/2020 by MarketBeat.com Staff.
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