Credit Suisse X-Links Multi-Asset High Income ETN
MLTI
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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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 - Income
- Address
- IPO Date
- Sep 29, 2015
- Similar Companies
- Business
- Credit Suisse X-Links Multi-Asset High Income ETN (MLTI) is an exchange-traded note (ETN) that provides exposure to the NYSE Multi-Asset High Income Index, which tracks the price return performance of up to 120 stocks selected for their historically high dividend distributions and yields; the ETN is structured as a senior unsecured medium-term note with a maturity date of September 28, 2035. Issued by Credit Suisse AG, MLTI offers investors a vehicle for multi-asset high income strategies focused on equity securities with elevated distribution characteristics, without providing collateral or principal protection, thereby exposing holders to the issuer's credit risk. The product trades on U.S. exchanges under the ticker MLTI (CUSIP: 22539T399) and targets income-oriented investors seeking diversified high-yield equity exposure. In a significant transition, following UBS Group's acquisition of Credit Suisse in 2023 and the subsequent merger of UBS AG and Credit Suisse AG in May 2024, UBS AG assumed Credit Suisse's obligations under MLTI and rebranded the ETN from the "X-Links" series to "ETRACS," while retaining the same ticker symbol, CUSIP, and terms; this restructuring ensures continuity of trading on NASDAQ with no changes to the underlying index linkage or redemption provisions. Previously, in May 2020, Credit Suisse exercised its call right on MLTI but opted not to issue new units while allowing existing notes to continue trading over-the-counter. No further major product launches, acquisitions, or strategic shifts specific to MLTI have been announced in the last 1-2 years, amid UBS's ongoing integration of Credit Suisse's structured products portfolio. Originally issued by Credit Suisse AG, headquartered in Zurich, Switzerland (founded 1856), the ETN now falls under UBS AG, also headquartered in Zurich, with global operations spanning investment banking, wealth management, and structured retail products across North America, Europe, and Asia. MLTI operates primarily in U.S. capital markets, serving retail and institutional investors focused on high-income asset classes, as part of a broader suite of ETNs now managed within UBS's ETRACS platform.