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LMETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Series B logo

ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Series B (LMLB)

New York Stock Exchange Arca · Currency in USD
$9.75 ▼ -0.12 (-1.17%)
At close: Dec 9, 3:04 PM ET. Market closed.

Summary

Previous Close
$9.87
Open
$9.79
Day's Range
$9.75 – $9.87
52 Week Range
$4.17 – $25.57
Volume
5,648
Avg. Volume
615
Market Cap
$1.13M
Beta (5Y Monthly)
0.00
PE Ratio (TTM)
--
EPS (TTM)
--
Earnings Date
--
Forward Dividend & Yield
$0.79 (8.12%)
Ex-Dividend Date
Nov 10, 2020
1y Target Est
--

Profile: ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Series B

Sector
Financial Services
Industry
Asset Management - Leveraged
Full-time employees
--
CEO
--
Website
--

This investment product is engineered to deliver two times the magnified positive return (2x leveraged long) tied to the compounded monthly performance of the Wells Fargo Master Limited Partnership ex Energy Index. The underlying index is constructed to evaluate the performance of all non-energy master limited partnerships (MLPs) that are publicly traded on the New York Stock Exchange (NYSE), NYSE MKT, or NASDAQ, provided they maintain a market capitalization of at least $100 million. Consequently, these securities endeavor to mirror the monthly gains an investor could realize through a leveraged "long" position in the individual companies comprising the index.

Earnings

No earnings history available.

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Data: Financial Modeling Prep. For information only, not investment advice.