ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
MLPR
New York Stock Exchange Arca- -
USD
- -
- -
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.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1285 Avenue of the Americas New York NY United States of America 10019
- IPO Date
- Jun 3, 2020
- CIK
- 0001114446
- Website
- etracs.ubs.com
- Similar Companies
- Business
- ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) is an exchange-traded note issued by UBS AG that provides 1.5 times leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index, less financing costs and tracking fees; it may pay a variable quarterly coupon linked to the leveraged cash distributions of the underlying Master Limited Partnership index constituents. Launched on June 2, 2020, with maturity on June 10, 2050, and traded on NYSE Arca under ticker MLPR (CUSIP 90269A278), the ETN targets investors seeking amplified returns from energy infrastructure MLPs, with an annual tracking fee of 0.95% and financing fee based on 3m CME Term SOFR plus adjustments. UBS AG, headquartered in Zurich, Switzerland, issues the ETN as part of its ETRACS product suite, which offers exposure to diverse market indices including equities, commodities, and leveraged strategies across global markets. In recent developments, UBS assumed obligations for certain Credit Suisse ETNs following the public bailout merger and rebranded them under the ETRACS name in May 2024, maintaining the same tickers, CUSIPs, and terms while expanding its structured product offerings. The issuer continues regular quarterly coupon declarations for MLPR and related ETNs, with payments such as $1.6187 on October 21, 2025, reflecting ongoing operational stability amid energy sector volatility. No new product launches, acquisitions, or strategic shifts specific to MLPR have been announced in the last 1-2 years, though UBS manages the ETN within its broader investment banking and asset management segments serving institutional and retail clients globally.