Welcome to our dedicated page for Credit Suisse S&P MLP Index ETN news (Ticker: MLPO), a resource for investors and traders seeking the latest updates and insights on Credit Suisse S&P MLP Index ETN stock.
Credit Suisse S&P MLP Index ETN (symbol: MLPO) is a financial instrument designed to offer investors exposure to the performance of the S&P MLP Index without the complications of directly investing in the partnerships that comprise the index. The ETN represents a promise by Credit Suisse to pay the holder the return on the index, minus applicable fees.
Managed by Credit Suisse, a leading global financial services company, the MLPO is structured as an Exchange-Traded Note (ETN), which is a type of unsecured debt security. The S&P MLP Index, which this ETN tracks, consists of Master Limited Partnerships (MLPs) that are primarily involved in the energy sector, including oil and gas transportation, storage, and processing.
One of the core features of the MLPO is its variable quarterly Coupon Amount, which is dependent on the distributions from the MLPs included in the index. It is important to note that the Current Yield, based on the ETN's Coupon Amount, is not indicative of future payments. This variability can mean that Coupon Amounts on the ETNs may fluctuate and could potentially be zero. Investors should be aware that any payment on the ETN is subject to Credit Suisse's credit risk and their ability to meet their obligations.
- On July 6, 2023, Credit Suisse declared a Coupon Amount for the MLPO based on the Closing Indicative Value as of June 30, 2023, reflecting the current yield.
- Another declaration was made on October 2, 2023, based on the Closing Indicative Value as of September 29, 2023.
These announcements underscore the variable nature of the Coupon Amount, which depends on the most recent distributions of the MLPs in the index. Credit Suisse advises potential investors to thoroughly read the applicable pricing supplement and related documents available on the SEC website to understand the risks and nuances associated with investing in MLPO.
This ETN is suitable for knowledgeable investors who comprehend the potential consequences and risks, including the possibility of receiving less than the principal amount of their investment at maturity or upon repurchase or sale. As with all investments, past performance is not necessarily a guide to future performance, and the risks involved are significant.
For additional information or queries, investors can contact Credit Suisse ETNs at +1 800 320 1225 or via email at ETN.Desk@credit-suisse.com.
Credit Suisse announced a coupon amount for its S&P MLP Index ETN (MLPO) on April 6, 2023. The key details include:
- Coupon Amount: $0.2335 per ETN
- Ex-Date: April 12, 2023
- Record Date: April 13, 2023
- Payment Date: April 21, 2023
- Coupon Frequency: Quarterly
- Current Yield: 7.29%
The coupon amount is variable and subject to the performance of the MLPs in the index. Investors should be aware that future coupon payments may not be guaranteed. Credit Suisse's ability to meet these obligations remains a crucial factor for investors in this ETN.
On January 5, 2023, Credit Suisse announced a Coupon Amount for the Credit Suisse S&P MLP Index ETN (Ticker: MLPO). The ex-date is set for January 12, 2023, with a record date of January 13, 2023. The coupon payment date is on January 24, 2023, set at $0.2186 per ETN, resulting in a current yield of 6.91%. Investors should be aware that coupon amounts can vary and investments carry significant risks, subject to Credit Suisse's obligations.
On October 5, 2022, Credit Suisse announced a Coupon Amount for the Credit Suisse S&P MLP Index ETN (MLPO). The coupon payment will be $0.2162 per ETN, with a payment date set for October 24, 2022. The ex-date is October 13, 2022, and the record date is October 14, 2022. The Current Yield is noted at 7.32%. It is emphasized that coupon amounts may vary, and investing involves significant risks.
Credit Suisse announced the coupon amount for its Credit Suisse S&P MLP Index ETN (MLPO) on July 1, 2022. The ETN will have a coupon amount of $0.2083 per ETN with a quarterly payment frequency, resulting in a current yield of 7.51%. Key dates include the ex-date of July 13, 2022 and the record date of July 14, 2022. It's important to note that coupon amounts are variable and dependent upon the distributions of the MLPs in the index. Investors face risks, including credit risk associated with Credit Suisse itself.
On April 1, 2022, Credit Suisse announced a coupon amount for the Credit Suisse S&P MLP Index ETN, with ticker MLPO. The coupon amount is set at $0.1838 per ETN, resulting in a current yield of 6.09%. Key dates include the ex-date on April 12, 2022 and the record date on April 13, 2022, with payment scheduled for April 21, 2022. The coupon payments are variable and contingent on the distributions from MLPs in the index, reflecting Credit Suisse's credit risk.
Credit Suisse announced a Coupon Amount for its Credit Suisse S&P MLP Index ETN (Ticker: MLPO) on January 3, 2021. The Coupon Amount is set at $0.1769 per ETN, with a current yield of 6.92%. Key dates include the Ex-Date on January 12, 2022, and the Record Date on January 13, 2022. Payments are scheduled for January 24, 2022. Investors are advised that these payments depend on Credit Suisse's ability to meet its obligations and the performance of the underlying MLPs.
On October 4, 2021, Credit Suisse announced a coupon amount of $0.1683 for its Credit Suisse S&P MLP Index ETN (Ticker: MLPO). The coupon is scheduled for payment on October 22, 2021, with an ex-date of October 13, 2021 and a record date of October 14, 2021. The coupon will be distributed quarterly with a current yield of 6.55%, which is variable based on the distributions of the underlying MLPs in the index. Investors are cautioned about the credit risk associated with Credit Suisse and the variable nature of ETN payments.
FAQ
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