UBS ETRACS CMCI Lng Platinum Tot Ret ETN
PTM
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.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- May 9, 2008
- Website
- ubs.com
- Similar Companies
- Business
- UBS ETRACS CMCI Long Platinum Total Return ETN (PTM) is an exchange-traded note issued by UBS AG that tracks the performance of the UBS Bloomberg CMCI Platinum Total Return Index, providing investors with exposure to platinum commodity prices through a long position in futures contracts; the ETN is designed for total return, including price appreciation and any applicable roll yields, less the investor fee of 0.55% annually accrued daily. Headquartered in Zurich, Switzerland, UBS AG launched the PTM ETN in May 2008 with a maturity date of April 5, 2038, and it trades on the NYSE Arca exchange under the ticker PTM. The product targets institutional and retail investors seeking commodity market access without direct futures trading, operating primarily in U.S. markets as part of UBS's broader ETRACS suite of exchange-traded notes covering commodities, equities, and leveraged strategies. As a senior unsecured debt obligation of UBS AG (Jersey Branch), PTM offers no dividends but delivers returns linked to the underlying platinum index, which diversifies across platinum futures maturities to mitigate contango effects. UBS provides ongoing support through prospectus supplements detailing terms, risks including commodity volatility and issuer creditworthiness, and secondary market liquidity via brokers. In recent developments, UBS AG announced in December 2024 the call settlement amounts for several ETRACS ETNs as part of routine issuer call options, though PTM was not among those redeemed; the firm continues active management of its ETN portfolio amid market volatility in platinum prices. Additionally, UBS rebranded certain assumed Credit Suisse ETNs to ETRACS in May 2024 following the acquisition, signaling portfolio integration but no direct impact on PTM's structure or operations. As of late 2025, PTM maintains stable trading with shares priced around $9.46, reflecting platinum market dynamics and a 52-week range of $9.00 to $10.88.