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LMLB Stock Price, Chart, Stats & News

ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Series B
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Trading--Leveraged Equity
Category
0.27%
Expense ratio
1.20M
Assets
0.00%
1Y return

LMLB chart

1M
3M
1Y
5Y
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LMLB returns

YTD
0.00%
1Y
0.00%
3Y
10.25%
5Y
0.00%
10Y
0.00%
1Y volatility90.40%
3Y volatility0.00%
Sharpe ratio0.00

About

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.

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