MLPB vs. AMTR ETF Comparison

Comparison of ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 (MLPB) to ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR)

MLPB

ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040

MLPB Description

The ETRACS Alerian MLP Infrastructure Index ETN Series B is senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the Alerian MLP Infrastructure Index. The index, comprised of 22 energy infrastructure master limited partnerships, is a subset of the Alerian MLP Index. The index refers to the master limited partnerships included in the Alerian MLP Infrastructure Index as the “index constituents.” It constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities. The index is intended to provide diversified exposure specifically to infrastructure investment.

Grade (RS Rating)

Last Trade

$25.79

Average Daily Volume

6,256

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AMTR

ETRACS Alerian Midstream Energy Total Return Index ETN

AMTR Description

The investment seeks to provide an unleveraged long exposure to the performance of the Alerian Midstream Energy Adjusted Net TR Index. The index is the adjusted net total return version of the Alerian Midstream Energy Index. The securities are subject to a Daily Tracking Fee equivalent to 0.75% per annum. The index tracks a broad-based composite of North American energy infrastructure companies that earn the majority of their cash flow from midstream energy activities involving energy commodities.

Grade (RS Rating)

Last Trade

$80.79

Average Daily Volume

946

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MLPB	AMTR
30 Days	8.50%	13.93%
60 Days	7.68%	20.64%
90 Days	8.29%	24.47%
12 Months	26.66%	54.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in MLPB	Weight in AMTR	Overlap
	CQP	B	4.59%	5.29%	4.59%
	MPLX	A	10.54%	3.18%	3.18%

MLPB Overweight 6 Positions Relative to AMTR

Symbol	Grade	Weight
WES	C	10.08%
PAA	B	10.02%
EPD	A	9.91%
ET	A	9.16%
ENLC	A	5.63%
GEL	D	2.91%

MLPB Underweight 8 Positions Relative to AMTR

Symbol	Grade	Weight
ENB	A	-9.15%
KMI	A	-8.89%
PBA	B	-6.1%
KEY	B	-1.49%
AM	A	-0.77%
NGL	D	-0.31%
HESM	B	-0.14%
TELL	B	-0.06%

MLPB: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines