The C-Tracks Exchange-Traded Notes Based on the Performance of the Miller/Howard MLP Fundamental IndexTM, Series B (NYSE Arca: MLPE) will pay a quarterly coupon of $0.3156 per note on October 13, 2020 to holders of record as of the close of business on October 9, 2020. This coupon reflects the ordinary cash distributions of the MLPs underlying the Miller/Howard MLP Fundamental IndexTM net of fees over this past quarter.
Based on their closing price on October 5, 2020 and the declared quarterly coupon, the annualized indicated yield of the ETN is 12.30%. The annualized indicated yield is equal to the declared quarterly coupon multiplied by four, divided by the closing price of the ETN on October 5, 20201.
The annualized indicated yield is not indicative of future coupon payments, if any, on the ETN. Holders of the ETN are not guaranteed a coupon. Moreover, the