ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) Covered Calls

The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index (the 'index'), reduced by the Accrued Fees. The index measures the composite performance of energy MLPs, and is calculated by S&P using a capped, float-adjusted, capitalization-weighted methodology. The index Constituent Securities earn the majority of their cash flow from qualifying midstream activities involving energy commodities.

There are no covered calls available for ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN.

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Extended Business Description

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