UBS Declares Coupon Payments on Eleven ETRACS ETNs

ubs1UBS Investment Bank today announced coupon payments for eleven ETRACS exchange-traded notes (the “ETNs”), all traded on the NYSE Arca. The relevant coupon information is provided in the table below:

“Dow Jones Global ex-U.S. Select Real Estate Securities IndexSM”

NYSE
Ticker
ETN
Name
Valuation
Date
Ex-
Date
Record
Date
Payment
Date
Coupon
Amount
Payment
Schedule
Current Yield
(annualized)
MLPI* ETRACS Alerian
MLP Infrastructure
ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.4537 Quarterly 4.67%
MLPL* ETRACS 2x
Monthly Leveraged
Long Alerian MLP
Infrastructure ETN
9/30/13 10/9/13 10/11/13 10/21/13 $1.3657 Quarterly 10.16%
MLPG* ETRACS Alerian
Natural Gas MLP
Index ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.4596 Quarterly 5.15%
MLPW* ETRACS Wells
Fargo MLP ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.3948 Quarterly 4.94%
BDCS* ETRACS Wells
Fargo Business
Development
Company ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.4654 Quarterly 7.13%
BDCL* ETRACS 2x
Leveraged Long
Wells Fargo
Business
Development
Company ETN
9/30/13 10/9/13 10/11/13 10/21/13 $1.0022 Quarterly 14.31%
RWXL** ETRACS Monthly
Pay 2xLeveraged
Dow Jones
International Real
Estate ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.1029 Monthly 4.29%
DVYL** ETRACS Monthly
Pay 2xLeveraged
Dow Jones Select
Dividend Index ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.2072 Monthly 7.17%
SDYL** ETRACS Monthly
Pay 2xLeveraged
S&P Dividend ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.1814 Monthly 5.32%
MORL** ETRACS Monthly
Pay 2xLeveraged
Mortgage REIT ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.7938 Monthly 19.92%
DVHI*** ETRACS Diversified
High Income ETN
9/30/13 10/9/13 10/11/13 10/21/13 $0.0699 Monthly 3.40%

* “Current Yield (annualized)” equals the current Coupon Amount, multiplied by four (to annualize such coupon), divided by the closing price of the ETN on its current Coupon Valuation Date, or, if the closing price is not available on that date, then the previous available closing price, and rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.

** “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing price of the ETN on its current Coupon Valuation Date, or, if the closing price is not available on that date, then the previous available closing price, and rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.

*** DVHI launched on September 19, 2013. Its “Current Yield (annualized)” equals the current Coupon Amount, multiplied by twelve (to annualize such coupon), divided by the closing price of the ETN on its current Coupon Valuation Date, or, if the closing price is not available on that date, then the previous available closing price, and rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.

Note: RWXL, DVYL, SDYL and MORL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield for each is not indicative of future coupon payments, if any, on these ETNs.

About ETRACS

For further information about ETRACS ETNs, go to www.etracs.com.

ETRACS ETNs are exchange-traded notes, an innovative class of investment products offering access to markets and strategies that may not be readily available to investors, and offer unique diversification opportunities in a number of different sectors. ETRACS ETNs may offer:

  • Access to asset classes with historically low correlations to more traditional asset classes
  • Convenience of an exchange-traded security
  • Transparent exposure to a published index

ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on NYSE Arca, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement, or product supplement and pricing supplement, as applicable, for the ETRACS ETN.

This material is issued by UBS AG or an affiliate thereof (“UBS”). Products and services mentioned in this publication may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker/dealer. Member of SIPC (http://www.sipc.org/).

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