Lets hope that UBS will announce the monthly dividend for June early like it did last month, maybe on this Friday, no later than Monday
David Einhorn tripled his stake in American Capital Agency Corp. (NASDAQ:AGNC) with the purchase of 3,250,000 shares in the first quarter.
A positive development I haven't seen before, a big plus for the mREIT market but even more positive for MORL
I'm thinking it might have been a stop loss that someone took advantage of and bought the shreds at the stop price just before or immediately right after 4:00 PM. It happened to me when someone bought my shares at a cheap stop price because I forgo to close the stop order
More specifically. 5-11 was adjusted. For the dividend but each day after that 5-12,13,16,17,18,19 and 20 were adjusted day the end of the day to incorrectly state that they were closing prices IMO this is an effort which is supported by the day end prices before 5-11 NOT reflecting the divi adjustment
If you look at the price history after the last divi date 5-11-16 the day end price was being adjusted for dividend history yet this wasn't done just prior to 5-11-16
Today (5-20-16) MORL is still trading in excess of its 50 and 200 days averages of $13.27 and $12.55, respectively; and with practically all the mREITS up today MORL's book will increases from its present $13.60
I don't agree the Fed has signaled that if it does raise rates it will only do ot twice this year. That just .50 bp's
I'll give you an example despite all this anxiety on the Fed rate increase, the ten year note's yield is actually down today by 3 bp's to 1.85%
Other than having a reduced yield; the previous post is inflammatory and is typically used by a basher trying to create anxiety to enable the person to short or buy at a lower price in the future.
I've tried timing the market and pick my ins and outs it never works in the long run. In times like this I buy to lower my pps lower my
Rates aren't going anywhere dramatically, there my be a .25% increase on the 10 yr some time this summer. The 10 year had a high of 2.49% in the past 52 weeks and MORL still did well
(to Product Supplement dated November 14, 2014, Amendment
No. 5, dated June 9, 2015, to Pricing Supplement dated
October 16, 2012 and Prospectus dated April 29, 2016)
UBS SWITZERLAND AG
ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN due October 16, 2042
This prospectus addendum relates to the series of outstanding Exchange Traded Access Securities entitled
“ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN due October 16, 2042” (the “Securities”), which was
previously issued by UBS AG and is part of a series of debt securities entitled “Medium Term Notes, Series A”.
The Securities were initially registered, and all or a portion were initially offered and sold, under registration
statements previously filed by UBS AG. When UBS AG initially registered your Securities, UBS AG prepared a
pricing supplement (as amended or supplemented from time to time), referred to as the “original pricing
supplement”, relating to the Securities. UBS AG also prepared a product supplement (as amended from time to
time), referred to as the “product supplement”, dated as of November 14, 2014, which supplements and forms
part of the original pricing supplement. The original pricing supplement, which is Amendment No. 5, dated
June 9, 2015, to the pricing supplement dated October 16, 2012, and the product supplement were attached to a
“base” prospectus dated November 14, 2014, which has been replaced from time to time by a new “base”
prospectus, most recently a “base” prospectus dated March 17, 2016. This prospectus addendum and the original
pricing supplement and product supplement will be used by UBS AG in connection with the continuous offering
of the Securities.
UBS AG has now prepared a new “base” prospectus dated April 29, 2016. This new base prospectus replaces the
base prospectus dated March 17, 2016.
In addition, the Securities are linked to the Market Vectors Global Mortgage REITs Index (the “Index”), which is
sponsored by Market Vectors Index Solutio
Yes it does has a maturity, I think its way out 35+ years from now; and it is callable at UBS's discretion if it hits $5 or lower