Amid Rapid Price Declines, Two Leveraged MLP ETNs Will Close
January 21, 2016 at 07:00 AM EST
Slumping oil prices have claimed at least two more victims. In this case, we’re talking about a pair of leveraged exchange traded notes (ETNs) tracking master limited partnerships (MLPs). On Wednesday, UBS Investment Bank said it will close the ETRACS 2xMonthly Leveraged Long Alerian MLP...