CEFD ETN — ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)

Updated October 2, 2026.

CEFD is a low-cost ETN. its distribution rate is 15.07%, its trailing-12-month yield is 15.54%. Dividend Vision Distribution Safety Score™ is 37/100 (Elevated risk). Total return is 64.7% over the past 6.3 years, 104.9 points behind SPY at 169.6%.

At the current 15.07% distribution rate, a $10,000 investment would generate approximately $1,507 per year, or $125.58 per month.

CEFD performance versus SPY

Price and return data through 2026-10-02.

Total return is 64.7% over the past 6.3 years, 104.9 points behind SPY at 169.6%. Over the past year its total return — price change plus distributions reinvested — is 4.4%. Its deepest 1-year drawdown was 12.5%.

CEFD key facts

Distribution Safety Score™

37 · Elevated risk

Safety-Adjusted Yield

5.58%

Issuer

UBS Asset Management

Asset type

ETN

Asset class

Equity

Inception date

06/02/2020

Distribution rate

15.07%

Distribution frequency

Monthly

Trailing yield

15.54%

Last close

$17.87 (as of 2026-10-02)

AUM

$7,144,520

Average volume

100.0

Last dividend

$0.208

Last ex-dividend date

09/14/2026

Last payment date

09/22/2026

Beta

4.72

How Dividend Vision calculates yield and returns

Distribution rate (15.07%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (15.54%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: UBS Asset Management; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CEFD risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.5%.

Who may consider CEFD — and who may not

CEFD may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from UBS Asset Management.