UBS Investment Bank today announced the quarterly coupon amounts
for six ETRACS exchange traded notes (ETRACS ETNs), all traded on
the NYSE Arca. Three of the ETNs are linked to Alerian MLP Indexes
– ETRACS Alerian MLP Infrastructure ETN (Ticker: MLPI), ETRACS 2x
Monthly Leveraged Long Alerian MLP Infrastructure ETN (Ticker:
MLPL) and ETRACS Alerian Natural Gas MLP Index ETN (Ticker: MLPG).
One ETN is linked to the Wells Fargo MLP Index – ETRACS Wells Fargo
MLP ETN (Ticker: MLPW). Two of the ETNs are linked to the Wells
Fargo Business Development Company Indexes – ETRACS Wells Fargo
Business Development Company ETN (Ticker: BDCS) and ETRACS 2x
Leveraged Long Wells Fargo Business Development Company ETN
(Ticker: BDCL).
The table below summarizes the coupon amounts for the six
notes:
NYSE
Coupon Coupon
Arca Valuation Record Payment
Amount Current Yield Ticker Name
Date Ex-Date Date
Date per Note (annualized)* MLPI
ETRACS Alerian MLP Infrastructure ETN
6/30/2011 7/12/2011 7/14/2011 7/22/2011
$0.3902 5.06% MLPL ETRACS 2x Monthly Leveraged Long Alerian
MLP Infrastructure ETN 6/30/2011
7/12/2011 7/14/2011 7/22/2011 $1.0043
11.19% MLPG ETRACS Alerian Natural Gas MLP Index ETN
6/30/2011 7/12/2011 7/14/2011 7/22/2011
$0.3741 5.00% MLPW ETRACS Wells Fargo
MLP ETN 6/30/2011 7/12/2011 7/14/2011
7/22/2011 $0.3278 4.96% BDCS ETRACS Wells Fargo
Business Development Company ETN 6/30/2011
7/12/2011 7/14/2011 7/22/2011 $0.3846
N/A BDCL ETRACS 2x Leveraged Long Wells Fargo Business
Development Company ETN 6/30/2011
7/12/2011 7/14/2011 7/22/2011 $0.7843
N/A
* “Current Yield” equals the current Coupon Amount annualized
and divided by the closing price of the Notes on July 1, 2011, and
rounded to two decimal places for ease of analysis. The Current
Yield is not indicative of future coupon payments, if any, on the
Notes.
About ETRACS
For further information about ETRACS ETNs go to
http://www.etracs.com.
Exchange Traded Access Securities, ETRACS, are exchange-traded
notes, or ETNs, an innovative class of investment products offering
access to markets and strategies that may not be readily available
to investors, and offer unique diversification opportunities in a
number of different sectors. ETNs offer:
- Access to asset classes with
historically low correlations to more traditional asset
classes
- Convenience of an exchange-traded
security
- Transparent exposure to a published
index.
ETRACS ETNs are senior unsecured notes issued by UBS AG, are
traded on NYSE Arca, and can be bought and sold through a broker or
financial advisor. An investment in ETRACS ETNs is subject to a
number of risks, including the risk of loss of some or all of the
investor’s principal, and is subject to the creditworthiness of
UBS. We urge you to read the more detailed explanation of risks
described under “Risk Factors” in the prospectus supplement for the
ETRACS ETN.
There are 22 ETRACS ETNs:
ETRACS ETN Name
Ticker
Master Limited Partnerships
Alerian MLP Infrastructure MLPI 2x Monthly Leveraged Long Alerian
MLP Infrastructure MLPL 1x Monthly Short Alerian MLP Infrastructure
TR* MLPS Alerian Natural Gas MLP MLPG Wells Fargo MLP Index MLPW
Business Development Companies
Wells Fargo Business Development Company Index BDCS 2x Monthly
Leverage Wells Fargo Business Development Company Index BDCL
Alpha Strategies
Daily Long-Short VIX ETN XVIX Natural Gas Futures Contango ETN GASZ
Oil Futures Contango ETN OILZ
Hybrid
S&P 500 Gold Hedged SPGH
Commodities
CMCI TR UCI CMCI Agriculture TR UAG CMCI Energy TR UBN CMCI Food TR
FUD CMCI Gold TR UBG CMCI Industrial Metals TR UBM CMCI Livestock
TR UBC CMCI Long Platinum ER* PTM CMCI Short Platinum ER* PTD CMCI
Silver TR USV DJ-UBS Commodity Index TR DJCI *TR=Total
Return and ER=Excess Return
The contents of any website referred to in this communication
are not part of, or incorporated by reference in, this
communication. UBS has filed a registration statement (including a
prospectus, as supplemented by a prospectus supplement for the
offering of the ETRACS ETNs) with the Securities and Exchange
Commission (the “SEC”) for the offering 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 offering 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 the applicable prospectus supplement by calling
toll-free (+1.877.387.2275).
© UBS 2011. The key symbol, UBS and ETRACS are among the
registered and unregistered trademarks of UBS. “ISE Volatility
Futures™”, “ISE™®”, and “International Securities Exchange®” are
trademarks of International Securities Exchange, LLC (“ISE” and
“Licensor”) and have been licensed for use for certain purposes by
UBS Securities LLC and its affiliates. UBS AG’s ETRACS
Constant-Month Equity Volatility Futures Index ETNs based on the
ISE Volatility Futures™ Index are not sponsored, endorsed, sold or
promoted by ISE, and ISE makes no representation regarding the
advisability of trading in such product(s). “UBS Bloomberg Constant
Maturity Commodity Index” and “CMCI” are service marks of UBS
and/or Bloomberg. “Dow Jones,” “DJ-UBS Commodity Index” and
“DJ-UBSCI” are service marks of Dow Jones & Company Inc. and
UBS AG, as the case may be. “Standard & Poor’s®,” “S&P®,”
“S&P 500®,” “Standard & Poor’s 500™,” “S&P 500 Gold
Hedged,” “S&P 500 VIX Futures Term-Structure Index
ER™,”“S&P 500 VIX Short-Term Futures™ Index ER,” and “S&P
500 VIX Mid-Term Futures™ Index ER,” are trademarks of S&P and
have been licensed for use by UBS. “VIX” is a registered trademark
of the Chicago Board Options Exchange, Incorporated (“CBOE”) and
has been licensed for use by S&P. The ETNs are not sponsored,
endorsed, sold or promoted by S&P or the CBOE. S&P and CBOE
make no representation, condition or warranty, express or implied,
to the owners of the ETN or any member of the public regarding the
advisability of investing in securities generally or in the ETN or
in the ability of either Index to track market performance. Alerian
MLP Infrastructure Index, Alerian Natural Gas MLP Index, Alerian
MLP Infrastructure Total Return Index, AMZI, AMZIX and ANGI are
trademarks of GKD Index Partners, LLC d/b/a Alerian and their use
is granted under a license from GKD Index Partners. Wells Fargo
Securities, Wells Fargo Securities, LLC, Wells Fargo, and Wells
Fargo® Master Limited Partnership Index are trademarks of Wells
Fargo & Company and have been licensed for use by UBS AG.
ETRACS Wells Fargo MLP Index is not issued, guaranteed, sponsored,
endorsed, sold or promoted by Wells Fargo & Company, Wells
Fargo Securities, LLC or their subsidiaries and affiliates
(collectively, “Wells Fargo”). Wells Fargo makes no representation
or warranty, express or implied, to investors in the ETRACS ETNs or
any member of the public regarding the advisability of investing in
securities generally or in this ETRACS Wells Fargo MLP Index
particularly or the ability of any data supplied by Wells Fargo or
any Index to track financial instruments comprising the Index or
any trading market. Wells Fargo & Company does not guarantee
that the Index referenced by the ETRACS ETNs has been accurately
calculated and shall not have any liability for any error in the
calculation. Wells Fargo’s only relationship to UBS AG is the
licensing of certain intellectual property rights relating to the
Index as well as trademarks and trade names of Wells Fargo and of
the data supplied by Wells Fargo that is determined, composed,
compiled and calculated by Wells Fargo or a third party index
calculator, without regard to this ETRACS Wells Fargo MLP Index.
Wells Fargo has no obligation to take into consideration the ETRACS
Wells Fargo MLP Index or investors in the ETRACS ETNs when
determining, composing, compiling or calculating the data. Wells
Fargo has no obligation or liability in connection with the
listing, registration, distribution, administration, marketing,
trading or redemption or settlement by the issuer or otherwise of
this ETRACS Wells Fargo MLP Index. Wells Fargo does not guarantee
the accuracy and/or the completeness of the index or of any data
supplied by it or any data included therein. Wells Fargo makes no
warranty, express or implied, as to results to be obtained by UBS
AG and the ETRACS Wells Fargo MLP Index, or any other person or
entity from the use of index or of the data supplied by Wells Fargo
or any data included therein. Wells Fargo makes no express or
implied warranties, and expressly disclaims all warranties of
merchantability or fitness for a particular purpose or use with
respect to the index and the data supplied by Wells Fargo or any
data included therein. Without limiting any of the foregoing, in no
event shall Wells Fargo have any liability for any special,
punitive, indirect, or consequential damages (including lost
profits), even if notified of the possibility of such damages. “ISE
Oil Futures Spread™”, “ISE Natural Gas Futures Spread™”, “ISE™®”,
and “International Securities Exchange®” are trademarks of
International Securities Exchange, LLC ("ISE"
or "Licensor") and have been licensed for use for certain
purposes by UBS Securities LLC and its affiliates. UBS AG's ETRACS
Natural Gas Futures Contango ETN and ETRACS Oil Futures Contango
ETN based on the ISE Natural Gas Futures Spread™ Index and ISE Oil
Futures Spread™ Index are not sponsored, endorsed, sold or promoted
by ISE, and ISE makes no representation regarding the advisability
of trading in such product(s). Other marks may be trademarks of
their respective owners. All rights reserved. UBS assumes sole
responsibility for this marketing material, which has not been
reviewed by Bloomberg.
Note to Editors
UBS draws on its 150-year heritage to serve private,
institutional and corporate clients worldwide, as well as retail
clients in Switzerland. We combine our wealth management,
investment banking and asset management businesses with our Swiss
operations to deliver superior financial solutions.
UBS is present in all major financial centers worldwide. It has
offices in over 50 countries, with about 37% of its employees
working in the Americas, 37% in Switzerland, 16% in the rest of
Europe and 10% in Asia Pacific. UBS employs about 65,000 people
around the world. Its shares are listed on the SIX Swiss Exchange
and the New York Stock Exchange (NYSE).