VelocityShares Long LIBOR ETN (ULBR)
- Previous Close
9.68 - Open
8.30 - Bid 0.01 x 1000
- Ask 9.14 x 900
- Day's Range
9.44 - 9.45 - 52 Week Range
7.91 - 18.50 - Volume
10 - Avg. Volume
0 - Net Assets 413.35k
- NAV 7.78
- PE Ratio (TTM) --
- Yield 0.00%
- YTD Daily Total Return -67.85%
- Beta (5Y Monthly) 0.00
- Expense Ratio (net) 1.50%
The investment seeks to be linked to the Janus Velocity Long LIBOR Index (the âLong LIBOR Indexâ). The Long LIBOR Index aims to approximate the daily performance of a hypothetical long investment in the composite forward LIBOR rate, as if the composite forward LIBOR rate itself were an asset that could be invested in. It does so by tracking the return on a hypothetical short position in Eurodollar futures contracts, where that position is recalibrated daily to result in a return over the next Index Business Day that approximates the percentage change in the composite forward LIBOR rate over that next day, subject to the long LIBOR floor.
VelocityShares
Fund Family
Trading--Miscellaneous
Fund Category
413.35k
Net Assets
2017-08-15
Inception Date
Performance Overview: ULBR
Trailing returns as of 4/14/2020. Category is Trading--Miscellaneous.