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(UBGZF)

Other OTC . Currency in USD
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  • j
    jamesj
    Don't think of this as an appreciating asset as i t is not.. Because I live on dividends, I have held this for a little over 2 years. I have enjoyed the payout but lost 30% of my investment.
  • G
    Guest 14
    July distribution = 0.2143.
  • B
    Big Toe
    How you supposed to get out of this with the low share voloume
  • K
    Keith
    UBS declared 38.01 cents per share dividend for January. Big jump from previous quarter.
  • R
    Rhonda
    for anyone holding in a taxable acct, trying to find how they classified the 2017 dividends. Ordinary? Qualified? Return of Cap? Txs
  • J
    JN
    Perfect timing for investment
  • A
    ALF Tanner
    I have always liked this fund, but it is very risky, and you have to get out if the chart breaks down. It looks like today is liquidation day. Hopefully USB will revive these 2X funds some time in the future when the market stabilizes.
  • J
    JGM
    UBS closed down 8 funds this month, & they missed this fund. I was hoping that move would increase the capital on CEFL & raise the price. I thought wrong. This fund is going down, down, down. This will be another fund that UBS close down
  • L
    LanceB
    The primary reason to buy the UBS ETRACS Monthly Pay 2x Leveraged Closed-End Fund ETN (CEFL) is the yield. The CEFL closing price on January 24, 2018 was $18.00. CEFL also closed at exactly $18.00 on October 5, 2016. The total return, all from dividends, on CEFL over that period was 23.93%, which was 17.88% annualized rate, assuming monthly compounding of reinvested dividends. Over that period the CEFL closing price fluctuated between $14.86 and $18.96. The question an investor considering what to do with CEFL, is whether the high current income, makes up for the risks associated with CEFL..."
    https://seekingalpha.com/article/4140437
    CEFL has a 19.5% yield on annualized monthly compounded basis, after the 11 new additions to the index are included. There are reasons to buy CEFL, but also rea
    CEFL has a 19.5% yield on annualized monthly compounded basis, after the 11 new additions to the index are included. There are reasons to buy CEFL, but also rea
    seekingalpha.com
  • K
    Kyle
    .20 under NAV
    Don’t mind if I do :)
  • J
    JGM
    any thoughts on time to sell? got in at $18 & now it's down to 15's. maybe sell & get back in at a lower price. Anyone recommend this way or just stay dripping the dividend?
  • G
    Guest 14
    March = $0.2192.
  • G
    Guest 14
    June dist = $0.2028.
  • R
    RICKY
    Anyone knows the divy for this month?
  • A
    AnnualRunRate
    Over the last five years (April 2013 to April 2018), DVYL has a 209.64% Total Return when all dividends are reinvested, which is better than any other stock, ETF, ETN, or MLP that I've found so far.
    In comparison, AT&T (ticker: T) has a 22.86% Total Return in the same 5 year period.
    DVYL was started in 2012, which is why I used a five year period.
    The next best Total Return was QQQX at 122.26% over the same period. If one goes out to 10 years, Pimco's PTY and PHK come in at #1 and #2 at 285.44% and 124.65% respectively. NRZ came in 3rd over 10 years at 122.56%, and MORL came in 6th at 77.42%. T came in at 59.04% over 10 years.

    In my opinion, if you can hold and drip (or manually reinvest dividends) over a multi-year period (longer than three years), DVYL is a perfect vehicle... and FAR better than any "Dividend Aristocrat" I've ever seen. Of course I haven't seen "everything", so I'm still looking. Obviously Pimco is on the ball with some of their products.
  • H
    Hunter
    This happened in 2016 when UBS "redeemed" MLPL holders at the bottom for oil then a month or 2 later
    started a new identical ETN fund for MLPs.

    UBS is a CRIMINAL ENTERPRISE
  • B
    Bob
    Why are these posts about CEFL?
  • T
    Team Hozomeen
    May Dist $ 0.2171
  • A
    ALF Tanner
    I love CEFZ/CEFL, but it tends to go through disaster periods where it drops precipitously. You are dealing with a huge amount of leverage with this thing, so all moves are amplified. Usually during periods of distress, the fund will bottom out when the yield hits 20% to 25%.
  • S
    Steve
    Is this still active?