UBS E-TRACS Mthly Pay 2x ClosedEnd ETN (CEFL)

[alfaspider]

$0.2192/$16.20 x 12 = 16.23 on ur last dip.... ????

[alfaspider]

3/21//2018- $0.2192

[fourdint]

well well well not as dead of a board as I though ... I guess folks are just waiting for $$$. I do have a buy in, but has to drop another dime or so from today's low. And I do own a fair amount already that were relatively pricey compared to today, but I think I'm still ahead with DIVs. buying at these rates will get my cost average down some.

[Toofuzzy]

It is not that bad an investment.

Just invest half of what you were going to and sit on the cash to be able to buy more, just in case.

Toofuzzy

[fourdint]

this board seems dead. Sorry for all those that bought at almost 2x what it is today, but is today a steal?

[alfaspider]

CEFL
-
5/31/2016 6/9/2016 6/13/2016 6/21/2016 $0.2403 Monthly 18.98%

[alfaspider]

CEFL -- 11/20/14 $0.3328 Monthly 17.82%

[capt AL]

Took a position here today at $25.30. This is my 15th, monthly Div payer!

[alfaspider]

The UBS ETRACS Monthly Pay 2x Leveraged Closed-End Fund ETN (NYSEARCA:CEFL) and YieldShares High Income ETF (NYSEARCA:YYY), which is based on the same index and thus has the same components as CEFL, but without the 2X leverage, will soon declare monthly dividends for August 2014. There are 30 closed-end funds that comprise the ISE High Income™ Index upon which CEFL and YYY is based. As is shown in the table below, of those 30, there are 9 that pay dividends quarterly, while the other 21 pay dividends monthly. None of the 9 quarterly payers went ex-dividend in July 2014. Thus, they will not be included in the August 2014 CEFL monthly dividend calculation