Seeking Alpha

  UBS ETRACS 2x Leveraged Long Alerian MLP Infrastructure Index ETN (MLPL) - NYSEARCA

  • candlestickpicks | Send Message 20 Dec 2010

    $MLPL completed a Bullish Star candlestick pattern on 12/20/2010. Look for an upward price movement on 12/21/2010
      MLPL vs. ETF Alternatives
      MLPL Description
      The UBS ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index is designed to track a leveraged investment in the Alerian MLP Infrastructure Index, and pay a variable quarterly coupon linked to the leveraged cash distributions associated with the underlying MLP constituents, less financing costs and investor fees. The Alerian MLP Infrastructure Index, comprised of 25 energy infrastructure Master Limited Partnerships, is a liquid, midstream-focused subset of the Alerian MLP Index (NYSE: AMZ). The index, whose constituents generally earn the majority of their cash flow from the transportation and storage of energy commodities, provides investors with an unbiased benchmark for the infrastructure component of this emerging asset class. The index is calculated using a capped, float-adjusted, capitalization-weighted methodology that results in greater diversification.
      See more details on sponsor's website
      Country: United States
      Key Info
      Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub