ETRACS Alerian ETN Ups Payout

AMUUBS Investment Bank announced a coupon payment for the ETRACS Alerian MLP Index ETN (NYSE: AMU – $29.14) of $0.3671 per note up from $0.3543 in the previous quarter and now yielding 5.05% on an annualized basis. The Exchange Traded Note seeks to replicate the Alerian MLP Index, which measures the performance of 50 prominent energy master limited partnerships. It constituents earn the majority of their cash flow from the transportation, storage, processing or production of energy commodities. The shares remain attractive for a well-diversified income portfolio.

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