DV
Dividend Vision

UCIB — UBS AG London Branch ELKS 1

UBS AG London Branch ELKS 1 (UCIB)

UCIB pays a 0.00% distribution rate, on a 0.55% expense ratio. Total return is 160.1% over the past 10.8 years, 200.0 points behind SPY at 360.1%. Its deepest 1-year drawdown was 22.7%.

This exchange-traded note is senior unsecured debt issued by UBS that tracks a diversified commodities index comprised of futures contracts on 27 components representing 24 commodities across multiple maturities, generating returns through both the underlying futures positions and a daily fixed-income component. The security does not currently distribute income to holders, and carries an expense ratio of 0.55%. It may appeal to investors seeking broad commodities exposure through a debt-based structure rather than traditional equity or fund vehicles.

UCIB key facts

Issuer
UBS Asset Management
Asset type
ETN
Asset class
Equity
Inception date
10/09/2015
Expense ratio
0.55%
Distribution rate
0.00%
Last close
$35.93
AUM
$22,552,920
Average volume
900.0
Last dividend
$0.2726
Beta
0.76