UBS AG FI Enhanced Global High Yield ETN
FIHD
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 787 Seventh Avenue New York NY United States of America 10019
- IPO Date
- Feb 19, 2016
- CIK
- 0001114446
- Similar Companies
- Business
- UBS AG FI Enhanced Global High Yield ETN (FIHD) is an exchange-traded note issued by UBS AG, London Branch, that provides investors with leveraged exposure to global high dividend yield equities. The ETN seeks to deliver two times the monthly performance of the MSCI World High Dividend Yield USD Gross Total Return Index, which tracks large- and mid-cap dividend-paying stocks across developed markets worldwide, excluding real estate investment trusts (REITs); it operates as a senior unsecured debt obligation of UBS AG, offering a cash payment at maturity, early redemption, or upon acceleration. FIHD provides sophisticated investors with amplified returns tied to high-yield equity strategies in diversified sectors, subject to the credit risk of UBS AG and potential leverage decay over time. Launched on February 19, 2016, FIHD was domiciled in the United Kingdom and listed on U.S. exchanges with CUSIP 90274D218 and a scheduled maturity of March 3, 2026. The product targets institutional and retail investors seeking enhanced yield exposure to global developed markets, including North America, Europe, Asia-Pacific, and other regions represented in the underlying index. UBS AG capped the maximum outstanding FIHD ETNs at 130,000 units as announced on January 7, 2022, to manage issuance and liquidity. In May 2023, UBS AG called for the full redemption of all outstanding FIHD securities, with a call settlement date of June 16, 2023, following the pricing period adjustment for market disruptions; trading ceased thereafter, rendering the ETN inactive. No subsequent issuances, partnerships, or operational changes related to FIHD have been reported.