MVRL

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN
*Unless otherwise stated, data provided by FactSet.

MVRL Fund Description

MVRL provides 1.5x leveraged exposure to a market-cap weighted index of mortgage REITs. Leverage is reset quarterly.

MVRL Factset Analytics Insight

MVRL’s index consists of US mortgage REITs which includes REITs engaged in the purchase or service of commercial or residential mortgage loans or mortgage related securities. The return on the note is linked to the performance of the price return of the MVIS US Mortgage REITs Index. Unlike most levered funds — which usually reset daily — MVRL offers 1.5x leveraged exposure over quarterly periods. Over periods spanning more than the quarterly reset dates, returns can vary significantly from its promised 1.5x exposure. However, the securities may pay a monthly coupon during their term. MVRL is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to quarterly compounding. Because this is a tactical tool, liquidity rather than holding cost is paramount for the note.

PERFORMANCE [as of 12/01/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MVRL -9.35% -7.30% 16.89% 27.71% -- -- --
MVRL (NAV) -13.26% -9.74% 14.67% 22.72% -- -- --
MVIS US Mortgage REITs Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MVRL Summary Data

UBS
ETRACS
06/02/20
Exchange-Traded Note
0.95%
$42.83M
0.19%

MVRL Portfolio Data

10.41%
01/07/21

MVRL Index Data

MVIS US Mortgage REITs Index
Market Cap
Market Cap
N/A

MVRL Fund Structure

Yes
No
-- / --
UBS AG (London Branch)
Low
Medium
1.5
Quarterly

MVRL Tax Exposures

20.00% / 39.60%
--
No

MVRL Factset Analytics Block Liquidity

As of 12/02/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MVRL. MVRL is rated a N/A out of 5.

MVRL Tradability

1,076
$43.54K
666
$26.79K
0.19%
$0.09
-0.02%
0.88% / -0.51%
None
98.00%
50,000
0.01
0.00%
--
0
$41.97
N/A