UBS ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN
DVHL
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- UBS ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN (DVHL) is an exchange-traded note that provides investors with 2x leveraged exposure to the monthly compounded performance of the NYSE Diversified High Income Index, less investor fees; the underlying index tracks a diversified basket of 121 publicly traded securities selected for historically high dividends or distributions across sectors including mortgage REITs, MLPs, closed-end funds, and high dividend equities. DVHL pays a variable monthly coupon linked to 2x the cash distributions from the index constituents, net of withholding taxes, targeting income-seeking investors willing to accept amplified volatility and principal risk; it trades on NYSE Arca under the ticker DVHL with a maturity date of November 12, 2043. Issued by UBS AG, headquartered in Zurich, Switzerland, as part of the ETRACS suite of senior unsecured notes, DVHL operates primarily in U.S. capital markets and focuses on high-income asset classes for retail and institutional investors exposed to leveraged yield strategies. In March 2020, UBS announced the mandatory redemption of DVHL due to market conditions and performance challenges, leading to its delisting and cessation as an active trading product; no subsequent relaunches, acquisitions, or strategic expansions related to DVHL have been reported, with UBS shifting focus to other ETRACS ETNs like PFFL while continuing coupon declarations on surviving leveraged income products through 2025.