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Upturn AI SWOT - About
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
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Upturn Advisory Summary
04/01/2025: CEFD (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -2.44% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 2439 | Beta 31.17 | 52 Weeks Range 15.89 - 20.32 | Updated Date 04/2/2025 |
52 Weeks Range 15.89 - 20.32 | Updated Date 04/2/2025 |
Upturn AI SWOT
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
ETF Overview
Overview
The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFL) provides 1.5 times leveraged exposure to the Solactive Closed-End Fund Index. It targets high income through closed-end funds.
Reputation and Reliability
The ETN is issued by UBS. UBS has a strong financial reputation but ETNs are subject to the credit risk of the issuer.
Management Expertise
UBS's ETN management team possesses experience in structuring and managing derivative-based investment products.
Investment Objective
Goal
To seek monthly income through leveraged exposure to the Solactive Closed-End Fund Index.
Investment Approach and Strategy
Strategy: The ETN tracks the Solactive Closed-End Fund Index with 1.5x leverage.
Composition The underlying index comprises closed-end funds across various sectors, including equity, fixed income, and hybrid funds.
Market Position
Market Share: CEFL has a significant share within the leveraged CEF ETN market.
Total Net Assets (AUM): 70755171
Competitors
Key Competitors
- MORL
- DVHL
- SRV
- BDCL
- LBDC
Competitive Landscape
The leveraged CEF ETN market is competitive with a few key players. CEFL's advantage lies in its broad index exposure, but its leveraged nature introduces higher risk and volatility compared to unleveraged alternatives. MORL and BDCL focus on specific sectors, while CEFL is diversified across many sectors.
Financial Performance
Historical Performance: Historical performance data is not directly available in this format but can be found on financial data websites. Note that leveraged ETNs can have significant performance swings.
Benchmark Comparison: CEFL's performance should be compared against the Solactive Closed-End Fund Index, adjusted for the 1.5x leverage and fees.
Expense Ratio: 1.67
Liquidity
Average Trading Volume
CEFL's average trading volume can vary, but it is typically sufficient for most investors to enter and exit positions.
Bid-Ask Spread
CEFL's bid-ask spread can be wider than more liquid ETFs due to its leveraged nature and complex underlying assets.
Market Dynamics
Market Environment Factors
CEFL's performance is significantly affected by interest rate changes, credit spreads, and the performance of the underlying closed-end funds.
Growth Trajectory
Growth is dependent on the performance of the underlying CEFs and the use of leverage. Any changes in the portfolio of the Solactive Closed-End Fund Index impact the ETN.
Moat and Competitive Advantages
Competitive Edge
CEFL offers a unique combination of leveraged exposure to a diversified portfolio of closed-end funds, which aims to provide high monthly income. The 1.5x leverage amplifies returns, but also increases risk. The Solactive Closed-End Fund Index provides a broad exposure. This ETN is attractive for investors seeking high current income but should be approached with careful risk management.
Risk Analysis
Volatility
CEFL exhibits high volatility due to its leveraged nature. Expect significant price swings.
Market Risk
CEFL is subject to market risk related to the performance of closed-end funds, interest rate risk, and the credit risk of UBS as the issuer. Leverage amplifies these risks.
Investor Profile
Ideal Investor Profile
CEFL is suitable for experienced investors with a high-risk tolerance seeking high current income and who understand the risks associated with leveraged products.
Market Risk
CEFL is not suitable for long-term investors or those seeking capital appreciation. It is more appropriate for active traders comfortable with high volatility.
Summary
The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFL) offers leveraged exposure to closed-end funds with the goal of generating high monthly income. Due to its 1.5x leverage, it exhibits high volatility and is subject to significant market risk. CEFL is best suited for experienced, high-risk tolerance investors seeking income. Potential investors must understand and accept the ETNu2019s unique risk profile and associated costs.
Similar Companies
Sources and Disclaimers
Data Sources:
- etracs.ubs.com
- solactive.com
- Bloomberg
- Morningstar
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results. Leveraged ETFs and ETNs are complex financial instruments and involve a high degree of risk.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.
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