ETRACS 2XMONTHLY PAY LEVERAGED PREFERRED STOCK INDEX ETN DUE SEPTEMBER 25, 2048 ETF · US90274E1745 · PFFL (ARCX) — real-time quotes, company data, dividends, fundamentals, and AI-powered portfolio analysis on MoneyPeak

The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.