PFFL is a hybrid capital security, not common stock.
This listing is a capital note, preference share, or similar instrument associated with ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN. Data providers report company-level figures against it, so fundamentals, valuation multiples, and dividend history on this page describe the issuing company — not this instrument — and its market capitalization cannot be computed reliably, so it is not shown. The quoted price is the instrument's own.

See exactly how PFFL's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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The ETN is linked to an underlying index designed to mirror the price movements of an equally weighted portfolio that holds two distinct exchange-traded funds (ETFs). These ETFs, in turn, invest in preferred securities from various issuers. PFFL itself provides two times (2x) leveraged exposure to this index. This means the ETN will magnify any positive monthly compounded performance of the index by a factor of two, but it will also experience twice the impact of any negative monthly compounded performance.

A 68-year-old retiree who wants to generate $42,000 a year in dividend income without constantly riding the swings of the S&P 500 faces a portfolio math problem that rewards precision.

NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes (the “ETNs”), all traded on the NYSE Arca.

NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes (the “ETNs”), all traded on the NYSE Arca. NYSE Ticker ETN Name and Prospectus Supplement* Coupon Valuation Date Ex-Date Record Date Payment Date Coupon Amount Payment Schedule Current Yield (annualized) HDLB** ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 11/30/2023 12/12/2023 12/13/2023 12/21/2023 $ 0.1340 Monthly 13.28% SMHB** ETRACS Monthly Pay 2xLe.