Seeking Alpha

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

Visit Seeking Alpha's
LMLP vs. ETF Alternatives
LMLP Description
The ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (NYSE: LMLP) (“LMLP” or the “ETN”) is an exchange-traded note linked to the monthly compounded 2x leveraged performance of Wells Fargo® Master Limited Partnership Ex-Energy Index, less investor fees. LMLP has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and pays a variable monthly coupon linked to the cash distributions, if any, on the Index constituents.
See more details on sponsor's website
Country: United States
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub