UBS Declares Quarterly Coupon Payments on Exchange Traded Note: AMUB
UBS Investment Bank announced the quarterly coupon payment for its ETRACS Alerian MLP Index ETN Series B (NYSE Arca: AMUB). The coupon payment of $0.2878 will be distributed on June 6, 2024, with a record date of May 29, 2024. The ex-date is also set for May 29, 2024, and the coupon valuation date is May 15, 2024. This payment results in an annualized current yield of 6.43%, although future coupon payments are not guaranteed.
- Quarterly coupon payment of $0.2878 announced.
- Payment date set for June 6, 2024.
- Annualized current yield of 6.43%.
- Future coupon payments are not guaranteed.
NYSE Ticker |
ETN Name and Prospectus Supplement* |
Coupon Valuation Date |
Ex-
|
Record Date |
Payment Date |
Coupon Amount |
Payment Schedule |
Current Yield (annualized)** |
AMUB |
05/15/24 |
05/29/24 |
05/29/24 |
06/06/24 |
|
Quarterly |
|
* The table above provides a hyperlink to the relevant prospectus and supplements thereto. For more information on each ETRACS ETN, see “List of ETNs”.
**"Current Yield (annualized)" equals the current Coupon Amount, multiplied by four (to annualize such coupon), divided by the Closing Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.
About ETRACS
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 AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the ETRACS ETN.
UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable offering document for each ETRACS may be obtained by clicking on the name of each ETRACS identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of
About UBS
UBS is a leading and truly global wealth manager and the leading universal bank in
This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates ("UBS"). Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker/dealer. Member of SIPC (http://www.sipc.org/).
ETRACS ETNs are sold only in conjunction with the relevant offering materials. UBS has filed a registration statement (including a prospectus, as supplemented by the applicable 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 applicable prospectus and prospectus supplement by calling toll-free (+1-877-387 2275). In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC. UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC.
UBS specifically prohibits the redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect.
Alerian MLP Index, Alerian MLP Infrastructure Index, Alerian Natural Gas MLP Index, AMZ, AMZI, and ANGI are trademarks of Alerian and their use is granted under a license from Alerian.
© UBS 2024. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.
1 Individual investors should instruct their broker/advisor/custodian to call us or should call together with their broker/advisor/custodian.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240521653120/en/
Media
Alison Keunen
+1-212-713-2296
alison.keunen@ubs.com
Institutional Investors1
+1-877-387 2275
Source: UBS
FAQ
What is the coupon amount for UBS's ETRACS Alerian MLP Index ETN Series B (AMUB)?
When is the payment date for the AMUB coupon?
What is the annualized current yield for the AMUB ETN?
What are the key dates for the AMUB ETN coupon payment?
Is the future coupon payment guaranteed for AMUB?
