Multi-Asset Income ETN From UBS

January 30, 2014

On Sept. 19, UBS launched an ETN designed to deliver the returns of a 60/40 stocks/fixed-income index that includes ETFs with each constituent included because of its high-dividend qualities to capitalize on investors’ hunger for income.

The Etracs Diversified High Income ETN (DVHI) has an “annual tracking rate” of 84 basis points, with a yield of 7.71 percent, according to the fund’s prospectus.

The index measures the performance of a diversified basket of 138 publicly traded securities that historically pay significant dividends or distributions.

 

Find your next ETF

Reset All