UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) Research
The UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B, maturing on October 16, 2042, is designed to offer returns that correspond to the performance of the Market Vectors Global Mortgage REITs Index. This particular instrument belongs to the broader family of Monthly Pay 2xLeveraged ETRACS. The benchmark index monitors the collective performance of publicly-traded mortgage Real Estate Investment Trusts (REITs) that generate a minimum of 50% of their income from activities related to mortgages. These securities are issued by UBS AG as senior, unsecured debt obligations. Due to its two-times leverage structure relative to the index, the ETN is engineered to double both the upward and downward monthly compounded movements of the underlying index.
Market snapshot
- Symbol
- MRRL
- Price
- $0.21
- Day change
- -22.22%
- Market cap
- $308.5M
- 52-week range
- 0.2-15.89
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- IQ MacKay ESG Core Plus Bond ETF (ESGB)
- Fidelity Growth Opportunities ETF (FGRO)
- Credit Suisse FI Large Cap Growth Enhanced ETN (FLGE)
- BlackRock High Yield Muni Income Bond ETF (HYMU)
- iShares iBonds 2024 Term High Yield and Income ETF (IBHD)
- iShares iBonds Sep 2020 Term Muni Bond ETF (IBMI)
- iShares iBonds Dec 2021 Term Muni Bond ETF (IBMJ)
- UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL)
Open UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.