The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds ("ETFs") that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Frequently asked questions
What is the ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) expense ratio?
The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN funds expense ratio is 0.85%.
What is ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) current stock price?
As of the latest data, ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN stock price is $6.38, with a previous close of $6.42. ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN lost -$0.04 in the last trading session, representing a -0.57% loss.
Does ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) pay dividends?
Yes. ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN pays monthly dividends with an annualized yield of 14.45% and an estimated annual payout of $0.92 per share.
When is the next ex-dividend date for ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL)?
The next ex-dividend date is scheduled for October 13, 2026.
