UBS Investment Bank announced that it has declared a coupon payment on the ETRACS Alerian MLP Index ETN (NYSE: AMU – $17.08) of $0.3056 with an ex-dividend date of August 24 and payable September 6. The current distribution compares to the $0.3136 paid in the second quarter. The annualized payout based on a continuance of the quarterly rate will yield investors 7.0% at current levels. The shares of AMU have been negative year-to-date and quite volatile during the gasoline pipeline issues affected by hurricane Harvey on the Texas Gulf Coast. Nonetheless, I believe there is safety in the fund and they provide for above average dividend income while we wait out the long-running domestic energy issues.