NYSEARCA:FEDL

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL) Price, Holdings, & News

$42.92
+0.10 (+0.23%)
(As of 05/8/2024 ET)
Today's Range
$42.92
$42.92
50-Day Range
$39.91
$45.09
52-Week Range
$24.99
$45.18
Volume
1 shs
Average Volume
233 shs
Market Capitalization
$42.92 million
Assets Under Management
$42.78 million
Dividend Yield
0.00%
Net Expense Ratio
0.95%

About ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN

The ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL) is an exchange-traded fund that is based on the IFED Large-Cap US Equity index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a total return index consisting of large-cap US equities that the issuer believes will benefit from the prevailing monetary environment. The fund uses multiple fundamental factors to select and weight securities. FEDL was launched on Sep 14, 2021 and is issued by UBS.

FEDL Stock Price History

FEDL ETF News Headlines

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Fund Details

Issuer
UBS
Fund Name
ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN
Tax Classification
Exchange-Traded Note
Current Symbol
NYSEARCA:FEDL
Inception Date
9/14/2021
Fund Manager
N/A
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
IFED Large-Cap US Equity Index Total Return
Category
Strategy
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
0

Fund Statistics

Assets Under Management
$42.78 million
Average Daily Volume
$0.00
Discount/Premium
0.04%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
N/A
Advisor
UBS AG (London Branch)
Custodian
N/A
Distributor
N/A
Transfer Agent
N/A
Trustee
N/A
Lead Market Maker
N/A

Miscellaneous

Beta
N/A
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ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN Expenses

TypeFEDLLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.57%0.54%0.51%0.51%
Other Expenses0.00%0.29%0.54%0.64%0.58%
Total Expense0.95%0.63%0.70%0.74%0.70%
Fee Waiver0.00%-0.19%-0.55%-0.68%-0.57%
Net Expense0.95%0.61%0.60%0.58%0.58%

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL)


FEDL ETF - Frequently Asked Questions

How have FEDL shares performed in 2024?

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN's stock was trading at $35.81 at the beginning of the year. Since then, FEDL shares have increased by 19.9% and is now trading at $42.9213.
View the best growth stocks for 2024 here
.

What does FEDL invest in?

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN is a equity fund issued by UBS. FEDL focuses on large cap investments and follows the IFED Large-Cap US Equity Index Total Return. The fund's investments total to approximately $42.78 million assets under management.

What is the management fee for ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN?

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FEDL is 0.95%.

How do I buy shares of ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN?

Shares of FEDL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FEDL) was last updated on 5/9/2024 by MarketBeat.com Staff

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