UBS ETRACS Alerian MLP Infrastructure Index ETN

UBS ETRACS Alerian MLP Infrastructure Index ETN Series B is an exchange-traded note designed to track the performance of the Alerian MLP Infrastructure Index. The product provides exposure to North American energy infrastructure master limited partnerships, with constituents focused on gathering and processing, liquefaction, midstream services, pipeline transportation, rail terminaling, and storage of energy commodities. As a senior unsecured debt security issued by UBS, it is structured to deliver index-linked returns and may pay a variable quarterly coupon tied to distributions from the partnerships in the index, after fees. UBS ETRACS Alerian MLP Infrastructure Index ETN Series B is used by market participants seeking targeted access to the energy infrastructure segment through a passive, rules-based structure.