January ETN Portfolio Update

January was a unique and interesting month for my portfolio. Two big things happened: 1.) two of my holdings were exchanged for their Class B siblings, which I’ll explain in more detail below and 2.) I had my largest Dividend/Coupon payments ever. In this post, I’ll share more detail into my specific holdings. First letsContinue reading “January ETN Portfolio Update”

What are ETN’s?

ETN’s or Exchange Traded Notes are investment vehicles that trade on exchanges just like other stocks or ETF’s (exchange traded funds). However, they are loans made to banks on unsecured debt securities and not backed by any specific asset. Initially, investors loan banks money, the bank turns around and invests those funds with certain investmentContinue reading “What are ETN’s?”