CEFDETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
Provides 1.5x leveraged long exposure to the S-Network Composite Closed-End Fund Index, with variable monthly coupons.
By UBS · Launched 2020
Annual Cost
—
Fund Size
$8M
#5,119 of 6,040 · small
Return (1Y)
+5.9%
Track Record
6 years
#2,097 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,606+6.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Leveraged
Index tracked
S-Network Composite Closed-End Fund Index
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
14.0%Moderate
Year-on-year price swings
Max drawdown
-36.9%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.69Decent risk-adjusted returns
Sortino (3Y)
0.97Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Provides 1.5x leveraged long exposure to the S-Network Composite Closed-End Fund Index, with variable monthly coupons.
- Strategy
- Provides 1.5x leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index, a diversified basket of U.S.-listed closed-end funds. Pays a variable monthly coupon reflecting 1.5x the cash distributions of the Index constituents.
- Inception date
- June 2, 2020
- Fund family
- UBS
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Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18