MVRL — ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN
ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (ticker: MVRL) is a real estate ETF issued by UBS tracking MVIS US Mortgage REITs Index (150%). It was launched on 2020-06-02.
About MVRL
The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) is an exchange-traded note issued by UBS. It aims to provide 1.5 times the monthly performance of the MVIS US Mortgage REITs Index. The ETN was incepted on June 2, 2020, and has an expense ratio of 0.95%.
MVRL offers leveraged exposure to the U.S. mortgage REITs segment. Investors may consider this ETN for magnified returns if they have a bullish outlook on the mortgage real estate sector and are comfortable with the increased risk associated with leverage and ETN structure.
- AUM: $14M
- Expense Ratio: 0.95%
- Tracks the MVIS US Mortgage REITs Index (150%)
- Offers 1.5x leveraged exposure to U.S. Mortgage REITs
- Holds 2 securities
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -2.09% |
| 1 Week | -4.17% |
| 1 Month | -13.79% |
| 3 Months | -10.94% |
| 6 Months | -14.24% |
| YTD | -13.04% |
| 1 Year | 0.76% |
| 3 Years | 10.72% |
| 5 Years | -42.10% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | NA | NA | — |
| 3 | NA | NA | — |
| 4 | NA | NA | — |
| 5 | NA | NA | — |
| 6 | NA | NA | — |
| 7 | NA | NA | — |
| 8 | NA | NA | — |
| 9 | NA | NA | — |
| 10 | NA | NA | — |
Fund Profile
| Issuer | UBS |
|---|---|
| Brand | ETRACS |
| Asset Class | real estate |
| Strategy | Vanilla |
| Structure | ETN |
| Category | Leveraged Real Estate |
| Segment | Leveraged Equity: U.S. Mortgage REITs |
| Region | North America |
| Index Tracked | MVIS US Mortgage REITs Index (150%) |
| Inception Date | 2020-06-02 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | MVRL |
|---|---|
| Full Name | ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN |
| Issuer | UBS |
| Asset Class | real estate |
| Expense Ratio | 0.01% |
| AUM | $12.66M |
| Inception | 2020-06-02 |
| Index Tracked | MVIS US Mortgage REITs Index (150%) |
Frequently Asked Questions
What does MVRL track?
MVRL (ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN) tracks MVIS US Mortgage REITs Index (150%), a real estate benchmark.
What is the expense ratio of MVRL?
MVRL has an expense ratio of 0.01% per year.
What is the AUM of MVRL?
MVRL has approximately $12.66M in assets under management.
Does MVRL pay a dividend?
MVRL distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues MVRL?
MVRL is issued by UBS under the ETRACS brand, launched on 2020-06-02.
Open the interactive MVRL dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.