2xMonthly Leveraged Long Alerian MLP Infrastructure Index ETN MLPL tracks leveraged investments in the Alerian MLP Infrastructure Index.
The ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index is designed to track a leveraged investment in the Alerian MLP Infrastructure Index (the "Index"), and pay a variable quarterly coupon linked to the leveraged cash distributions associated with the underlying MLP constituents, less financing costs and investor fees.