The ETRACS Alerian MLP Index ETN (NYSE: AMU) ("AMU" or the "ETN") is an exchange-traded note linked to the performance of the Alerian MLP Index. The ETN pays a variable quarterly coupon linked to the cash distributions, if any, on the Master Limited Partnerships ("MLPs") in the Alerian MLP Index, less investor fees.
The Alerian MLP Index (the "Index") is a composite of 50 publicly-traded energy MLPs. The Index provides investors with a comprehensive benchmark for this emerging asset class. The Index is calculated using a float-adjusted, capitalization-weighted methodology and is disseminated in real-time on a price-return basis (NYSE: AMZ).
The Index was created on June 1, 2006. The Index has no performance history prior to that date.
|Name||ETRACS Alerian MLP Index ETN|
|Underlying index||Alerian MLP Index|
|Primary exchange||NYSE Arca|
|Initial trade date||July 17, 2012|
|Maturity date||July 18, 2042|
|Annual tracking rate||0.80% per annum|
* Source Bloomberg. As of September 28, 2012. Investors are not guaranteed any coupon or distribution amount.
See 'Risks considerations & Benefits' as well as the 'Important legal information specific to ETRACS ETNs' link below for more information.
|Net Change||0.14||20 Day Volume Average||25,943.95|
|% Change||0.00||Shares Outstanding||2,100,000|
|High (52 week)||29.80||Market Cap||61,361,999.51|
|Low (52 week)||23.39||Daily Indicative Value||29.24|
Updated on: May 17, 2013
|Payment date||Amount per security||Ex-date||Record date|
Source: UBS, NYSE and Bloomberg.
|6 Months||1 Year*||3 Year|
|Alerian MLP Index Total Return||145.28%||14.99%||4.59%||15.00%||24.11%|
|S&P 500 Index Total Return||25.88%||3.65%||2.16%||15.16%||13.20%|
|S&P 500 Utilities Index Total Return||48.80%||6.38%||5.58%||10.51%||13.93%|
|Dow Jones-UBS Commodity Index Total Return||-10.42%||-1.70%||1.08%||-4.42%||2.77%|
* Since Index inception.
Returns shown for periods less than one year are total returns during that period and returns for periods greater than one year are annualized total returns. Historical information presented is as of October 31, 2012 and is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively. The ETN is subject to investor fees. As a result, the return on the ETN will always be lower than the total return of the Index or the total return on a direct investment in the Index constituents.
|Company Name||Symbol||Index Weight|
|Enterprise Products Partners LP||EPD||14.25%|
|Kinder Morgan Energy Partners LP||KMP||9.16%|
|Plains All American Pipeline LP||PAA||7.17%|
|Energy Transfer Partners LP||ETP||5.46%|
|Magellan Midstream Partners LP||MMP||5.03%|
|Energy Transfer Equity LP||ETE||5.00%|
|Kinder Morgan Management LLC||KMR||4.01%|
|Linn Energy LLC||LINE||3.68%|
|ONEOK Partners LP||OKS||3.42%|
|MarkWest Energy Partners LP||MWE||3.28%|
|Enbridge Energy Partners LP||EEP||3.17%|
|Williams Partners LP||WPZ||2.52%|
|El Paso Pipeline Partners LP||EPB||2.35%|
|Buckeye Partners LP||BPL||2.10%|
|Sunoco Logistics Partners LP||SXL||1.74%|
|Targa Resources Partners LP||NGLS||1.62%|
|Regency Energy Partners LP||RGP||1.54%|
|NuStar Energy LP||NS||1.47%|
|Western Gas Partners LP||WES||1.33%|
|Boardwalk Pipeline Partners LP||BWP||1.33%|
|Penn Virginia Resource Partners LP||PVR||1.26%|
|Genesis Energy LP||GEL||1.25%|
|Copano Energy LLC||CPNO||1.22%|
|Suburban Propane Partners LP||SPH||1.14%|
|EV Energy Partners LP||EVEP||1.06%|
|Access Midstream Partners LP||ACMP||1.02%|
|Atlas Pipeline Partners LP||APL||0.94%|
|DCP Midstream Partners LP||DPM||0.93%|
|Teekay LNG Partners LP||TGP||0.85%|
|Vanguard Natural Resources LLC||VNR||0.79%|
|AmeriGas Partners LP||APU||0.78%|
|BreitBurn Energy Partners LP||BBEP||0.77%|
|Teekay Offshore Partners LP||TOO||0.75%|
|TC Pipelines LP||TCP||0.74%|
|Spectra Energy Partners LP||SEP||0.63%|
|Calumet Specialty Products Partners LP||CLMT||0.63%|
|Alliance Resource Partners LP||ARLP||0.61%|
|Legacy Reserves LP||LGCY||0.56%|
|Natural Resource Partners LP||NRP||0.53%|
|Holly Energy Partners LP||HEP||0.53%|
|NuStar GP Holdings LLC||NSH||0.51%|
|Ferrellgas Partners LP||FGP||0.48%|
|QR Energy LP||QRE||0.43%|
|Crosstex Energy LP||XTEX||0.34%|
|Martin Midstream Partners LP||MMLP||0.34%|
|Exterran Partners LP||EXLP||0.30%|
|Navios Maritime Partners LP||NMM||0.29%|
|PAA Natural Gas Storage LP||PNG||0.26%|
|Crestwood Midstream Partners LP||CMLP||0.24%|
|Pioneer Southwest Energy Partners LP||PSE||0.19%|
Source: Alerian, As of December 21, 2012
[AMZ index underlies AMU]
The graph illustrates the historical returns of the Index from June 1, 2006 through October 31, 2012 in comparison with other benchmark indices. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively. The ETN is subject to investor fees. As a result, the return on the ETN will always be lower than the total return of the Index or the total return on a direct investment in the Index constituents.
Selected risk considerations:
An investment in the ETRACS ETNs involves risks. Selected risks are summarized here, but we urge you to read the more detailed explanation of risks described in the "Risk Factors" section of the prospectus supplement for the ETRACS ETNs (the "ETRACS Prospectus"). Capitalized terms used below (and elsewhere in this document) but not defined herein shall have the meanings attributed to them in the ETRACS Prospectus.
Important legal information specific to ETRACS ETNs
UBS has filed a registration statement (including a prospectus, as supplemented by a prospectus supplement for each offering of the ETRACS ETNs) with the Securities and Exchange Commission (the "SEC") for the offerings to which this communication relates. Before you invest, you should read these documents and any other documents that UBS has filed with the SEC for more complete information about UBS and the offerings to which this communication relates. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus and any applicable prospectus supplement by calling toll-free (+1-877-387 2275).
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