As of August 16, 2016, ETRACS Diversified High Income ETN has gone out of business. ETRACS Diversified High Income ETN is an exchange traded note launched by UBS AG, London Branch. The note seeks to track the performance of the NYSE Diversified High Income Index. The index represents the public equity and fixed income markets across the globe. For the equity portion, it seeks to track the stocks of companies operating across diversified sectors. The index comprises of dividend paying stocks across all market capitalizations with capitalization greater than $2 billion. It also comprises of business development companies, energy master limited partnerships, U.S. mortgage real estate investment trusts, U.S. real estate investment trusts, excluding mortgage REITs, and exchange-traded funds. For the fixed income portion, the Index comprise of investment grade and high yield municipal bonds, high yield corporate bonds, and sovereign bonds. The ETN will mature on September 18, 2043. ETRACS Diversified High Income ETN was formed on September 18, 2013 and is domiciled in the United States.