ETRACS Alerian MLP Index ETN Series B due July 18 2042

Business Description

UBS issues these notes as a form of debt that tracks how a group of energy partnerships perform in the market. The underlying index is maintained by S&P Dow Jones Indices and weights each company based on its shares available for public trading. Investors receive exposure to this segment of the energy sector without directly owning the partnerships themselves. The notes are set to mature in July 2042.