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ETRACS 2xMonthly Pay Leveraged Pref... (PFFL)

$11.549

-0.31 (-2.62%)

None
New York Stock Exchange Arca

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.