ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B

  • Current Indicative Value
  • 05/23/2017 | 06:59 pm
  • USD 22.52
  • Last close USD 22.38
  • 5/22/2017

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 -4.26% -4.78% 2.71% 12.48% -9.93%

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 9.88
Prospect Capital Corp PSEC 9.47
Fs Investment Corp FSIC 8.99
Main Street Capital Corp MAIN 8.14
Apollo Investment Corp AINV 5.41
TPG Specialty Lending Inc TSLX 4.75
Golub Capital BDC Inc GBDC 4.64
Hercules Technology Growth Capital Inc HTGC 4.28
TCP Capital Corp TCPC 3.67
New Mountain Finance Corp NMFC 3.54
Solar Capital Ltd SLRC 3.51
Triangle Capital Corp TCAP 3.38
Goldman Sachs Bdc Closed End Fund GSBD 2.72
BlackRock Kelso Capital Corp BKCC 2.22
PennantPark Investment Corp PNNT 2.15
Fifth Street Finance Corp FSC 2.00
PennantPark Floating Rate Capital Ltd PFLT 1.80
Fidus Investment Corp FDUS 1.56
TICC Capital Corp TICC 1.46
Medley Capital Corp MCC 1.29
THL Credit Inc TCRD 1.26
Newtek Business Services Corp NEWT 1.14
Gladstone Investment Corp GAIN 1.10
Monroe Capital Corp MRCC 1.04
Solar Senior Capital Ltd SUNS 1.02
Gladstone Capital Corp GLAD 0.98
Capital Southwest Corp CSWC 0.95
Triplepoint Venture Growth BDC Corp TPVG 0.87
Capitala Finance Corp CPTA 0.81
Stellus Capital Investment Corp SCM 0.71
MVC Capital Inc MVC 0.65
Fifth Street Senior Floating Rate Corp FSFR 0.64
Alcentra Capital Corp ABDC 0.57
Garrison Capital Inc. GARS 0.54
American Capital Senior Floating Closed Fund ACSF 0.54
Horizon Technology Finance Corp HRZN 0.51
KCAP Financial Inc KCAP 0.49
OFS Capital Corp OFS 0.36
WhiteHorse Finance Inc WHF 0.36
CM Finance Inc CMFN 0.32
Great Elm Capital Corp GECC 0.29

Source: Wells Fargo, as of May 23, 2017.

Constituent Weightings