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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
08/14/2025: CEFD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 12.39% | Avg. Invested days 51 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 26.18 | 52 Weeks Range 14.60 - 19.52 | Updated Date 06/30/2025 |
52 Weeks Range 14.60 - 19.52 | Updated Date 06/30/2025 |
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) is an exchange-traded note that provides 1.5 times leveraged exposure to the Solactive Closed-End Fund Index. This index tracks the performance of a basket of U.S. listed closed-end funds. CEFL aims to deliver enhanced monthly income but carries significant risk due to its leveraged nature.
Reputation and Reliability
UBS is a large and established financial institution, though their ETN offerings have faced scrutiny and some have been delisted. Their reputation is generally strong but past ETN issues should be considered.
Management Expertise
The management team at UBS has experience in structuring and managing complex financial products, including ETNs.
Investment Objective
Goal
To seek monthly income through 1.5x leveraged exposure to the Solactive Closed-End Fund Index.
Investment Approach and Strategy
Strategy: Tracks the Solactive Closed-End Fund Index with 1.5x leverage.
Composition Primarily holds notes that provide leveraged exposure to a diversified portfolio of closed-end funds (CEFs).
Market Position
Market Share: CEFL's market share is moderate within the leveraged income ETF/ETN space.
Total Net Assets (AUM): 88730000
Competitors
Key Competitors
- NURE
- YYY
- BDCZ
Competitive Landscape
The competitive landscape is characterized by several ETNs and ETFs seeking to provide high income, often through leverage or exposure to CEFs. CEFL's 1.5x leverage can lead to higher income potential but also greater volatility compared to unleveraged alternatives like YYY. NURE has more specific focus where as BDCZ has higher dividend but with high risk.
Financial Performance
Historical Performance: Due to its leveraged nature, CEFL's historical performance has been highly volatile, with significant fluctuations in price and yield. [Data array will be populated if performance data is provided]
Benchmark Comparison: The ETF's performance will likely outperform the Solactive Closed-End Fund Index in strongly trending up markets, but will substantially underperform during down markets due to the 1.5x leverage.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
CEFL's average trading volume can be moderate, impacting the ease of entering and exiting large positions.
Bid-Ask Spread
The bid-ask spread can widen during periods of market volatility, increasing trading costs.
Market Dynamics
Market Environment Factors
Interest rates, credit spreads, and the overall performance of the closed-end fund market influence CEFL's performance.
Growth Trajectory
The growth trajectory depends on the continued demand for high-yield products and the stability of the CEF market. Its performance has been impacted by interest rate volatility in 2022 and 2023.
Moat and Competitive Advantages
Competitive Edge
CEFL's competitive advantage lies in its leveraged exposure to a diversified portfolio of closed-end funds, potentially providing higher monthly income than unleveraged alternatives. However, its leveraged structure introduces significant risks, making it less suitable for risk-averse investors. The ETN structure offers diversification, but it is subject to credit risk of UBS as an ETN.
Risk Analysis
Volatility
CEFL exhibits high volatility due to its leveraged structure and the inherent volatility of closed-end funds.
Market Risk
CEFL is susceptible to market risk, especially downturns in the closed-end fund market. Credit risk associated with the issuer UBS also applies.
Investor Profile
Ideal Investor Profile
CEFL is suitable for experienced investors with a high risk tolerance who seek enhanced monthly income and are comfortable with significant price fluctuations and leverage.
Market Risk
CEFL is best suited for active traders or those seeking short-term income, not for long-term, risk-averse investors.
Summary
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFL) offers leveraged exposure to closed-end funds for potentially high monthly income. However, its leveraged structure makes it highly volatile and subject to significant market risk and credit risk associated with UBS. It is suitable for experienced investors seeking short-term income and comfortable with risk. Due to its complexity, investors should carefully consider their risk tolerance and investment objectives before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- UBS ETRACS Website
- ETF.com
- Morningstar
Disclaimers:
This analysis 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. Leverage increases risk of loss.
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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