ETRACS Linked to the Wells Fargo Business Development Company Index ETN

  • Current Indicative Value
  • 07/18/2018 | 12:00 pm
  • USD 20.48
  • Last close USD 20.34
  • 7/17/2018

Index Profile

Underlying Index Wells Fargo Business Development Company Index
Ticker symbol WFBDCPX
CUSIP --

About the index

According to Wells Fargo Securities, LLC, the Index sponsor, the Wells Fargo Business Development Company Index is a float-adjusted, capitalization-weighted Index that is intended to measure the performance of all Business Development Companies (“BDC”) that are listed on the New York Stock Exchange (“NYSE AMEX”) or NASDAQ and satisfy specified market capitalization and other eligibility requirements. To qualify as a BDC, the company must be registered with the Securities and Exchange Commission (“SEC”) and have elected to be regulated as a BDC under the Investment Company Act of 1940 (“1940 Act”). The Index was created in January 2011 and has no performance history prior to that date.

 

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
Wells Fargo Business Development Company Index 1.52% 4.69% 0.82% -8.27% -7.33%

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

*Historical Returns for the ETN are calculated on the basis of intraday indicative value.

Index Historical Returns presented are based on intraday levels.

The ETRACS ETNs are subject to investor fees. As a result, the return on the ETNs will always be lower than the total return on a direct investment in the Index or the Index constituents.

Constituent Weightings

Name Ticker symbol % Weight
Ares Capital Corp ARCC 9.86
Main Street Capital Corp MAIN 8.16
Prospect Capital Corp PSEC 7.81
Corporate Capital Trust Inc CCT 7.75
Fs Investment Corp FSIC 6.94
Apollo Investment Corp AINV 4.38
Hercules Technology Growth Capital Inc HTGC 4.37
TPG Specialty Lending Inc TSLX 4.16
Golub Capital BDC Inc GBDC 4.07
Tcg Bdc Inc CGBD 3.72
New Mountain Finance Corp NMFC 3.44
TCP Capital Corp TCPC 3.16
Solar Capital Ltd SLRC 3.06
Goldman Sachs Bdc Closed End Fund GSBD 2.70
Fifth Street Finance Corp OCSL 2.01
Triangle Capital Corp TCAP 2.00
PennantPark Floating Rate Capital Ltd PFLT 1.97
PennantPark Investment Corp PNNT 1.86
BlackRock Kelso Capital Corp BKCC 1.59
Gladstone Investment Corp GAIN 1.43
Fidus Investment Corp FDUS 1.31
Qxford Square Capital Corp OXSQ 1.25
Newtek Business Services Corp NEWT 1.24
Capital Southwest Corp CSWC 1.05
Monroe Capital Corp MRCC 1.01
THL Credit Inc TCRD 0.88
Gladstone Capital Corp GLAD 0.87
Solar Senior Capital Ltd SUNS 0.85
Triplepoint Venture Growth BDC Corp TPVG 0.84
Stellus Capital Investment Corp SCM 0.74
Fifth Street Senior Floating Rate Corp OCSI 0.62
Medley Capital Corp MCC 0.58
MVC Capital Inc MVC 0.52
WhiteHorse Finance Inc WHF 0.47
Garrison Capital Inc. GARS 0.46
Capitala Finance Corp CPTA 0.46
OFS Capital Corp OFS 0.46
American Capital Senior Floating Closed Fund ACSF 0.45
Horizon Technology Finance Corp HRZN 0.42
KCAP Financial Inc KCAP 0.41
Alcentra Capital Corp ABDC 0.29
CM Finance Inc CMFN 0.24
Great Elm Capital Corp GECC 0.12

Source: Wells Fargo, as of July 17, 2018.

Constituent Weightings