BDCL News and Press, UBS AG London Branch FR SP E-TRACS REDEEM 24/05/2041 USD 25 From 02/26/19

Focus of Article: The focus of PART 1 of this article is to analyze Ares Capital Corp.’s ( ARCC ) recent results and compare several of the company’s metrics to ten other business development company (“BDC”) peers. This analysis will show past and current data w...

I publish once a month the drifts of major leveraged ETFs on a trailing month and year. After the last issue , a reader asked if I could write a post on long-term drifts. Here it is, with calculations on 3 and 7 years. Only the biotechnology ETFs have disappeared from my usual list in a 7-yea...

Returns On The 2X-Leveraged Mortgage REIT ETNs There are two 2X-leveraged mREIT-based ETNs sponsored by UBS Group AG ( UBS ). They are: the UBS ETRACS Monthly Pay 2X Leveraged Mortgage REIT ETN ( MORL ) and a twin, which is essentially identical in all economic respects, the UBS ETRACS Mon...

This article was first published in mid-January. For the inaugural edition of the ETRACS 2x Leveraged ETN Snapshot, please see here . Data are taken from the close of January 18, 2018 . Fund additions, closures, or notable adjustments None. The funds Note: BER = baseline ...

Introduction/Recap: On 2/6/2019, Prospect Capital Corp. ( PSEC ) reported quarterly net investment income (“NII”) of $0.221 per share, earnings per share (“EPS”) (also known as “ net assets resulting from operations” ) of ($0.184), and a net asset...

This article was first released to subscribers one month ago. Due to their mouth-wateringly high dividend yields, the "ETRACS" series of 2x leveraged ETNs from UBS ( UBS ) are very popular with income seekers. We profile the line-up of 2x ETNs every month in our ETN snapshot (latest editio...

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading, or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relativ...

Commentary I’ve tracked my individual stock cost and accumulated dividends from the beginning of my portfolio build. This collective data will help answer the following questions and the reasoning behind my inclusive mindset. Why would anyone build a portfolio using only high yield ...

Single Events That Can Boost the Returns From a Security For most common stocks, the one-time event that holders love to see is when there is an offer to buy all or most of the shares at a price above the current market. This typically occurs when mergers or takeovers occur. For 2x levera...

Risks relating to the 2X-Leveraged Mortgage REIT ETNs There are two 2X-leveraged mREIT-based ETNs sponsored by UBS Group AG ( UBS ). They are: the UBS ETRACS Monthly Pay 2X Leveraged Mortgage REIT ETN ( MORL ) and a twin, which is essentially identical in all economic respects, the UBS ETRAC...