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Related Posts:UBS Launches Leveraged Ex-Energy MLP ETF (LMLP)
June 26, 2014 at 07:00 AM EDT
After debuting the ETRACS Wells Fargo MLP Ex-Energy ETN (FMLP) earlier this month, UBS rolled out a leveraged version of the same product. Yesterday marked the official launch of the ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (LMLP), which adds leverage to an already unique strategy [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. FMLP and LMLP mark a turning point for the ETF world, as they are the first products to focus on MLPs while excluding the energy field. Typically, when investors think of MLPs, their minds go straight to energy, as a number of oil and gas companies utilize this structure, but there are a number of options beyond the energy world that employ the MLP style. Dividends a Focal Point Like all MLP products, LMLP will come with an enticing dividend yield. Because the fund employs a 2X leverage, its […] Click here to read the original article on ETFdb.com. Related Posts: State Street, iShares, UBS, Credit Suisse Launch ETFs
After debuting the ETRACS Wells Fargo MLP Ex-Energy ETN (FMLP) earlier this month, UBS rolled out a leveraged version of the same product. Yesterday marked the official launch of the ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (LMLP), which adds leverage to an already unique strategy [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. FMLP and LMLP mark a turning point for the ETF world, as they are the first products to focus on MLPs while excluding the energy field. Typically, when investors think of MLPs, their minds go straight to energy, as a number of oil and gas companies utilize this structure, but there are a number of options beyond the energy world that employ the MLP style. Dividends a Focal Point Like all MLP products, LMLP will come with an enticing dividend yield. Because the fund employs a 2X leverage, its […]
