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

  • Current Indicative Value
  • 03/28/2017 | 11:36 am
  • USD 23.46
  • Last close USD 23.30
  • 3/27/2017

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 -1.51% 4.83% 6.70% 16.84% -9.30%

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 15.77
Prospect Capital Corp PSEC 11.03
Fs Investment Corp FSIC 8.82
Main Street Capital Corp MAIN 6.85
Apollo Investment Corp AINV 4.83
TPG Specialty Lending Inc TSLX 4.26
Hercules Technology Growth Capital Inc HTGC 4.04
Golub Capital BDC Inc GBDC 3.84
TCP Capital Corp TCPC 3.38
New Mountain Finance Corp NMFC 3.24
Solar Capital Ltd SLRC 3.18
Triangle Capital Corp TCAP 2.70
Goldman Sachs Bdc Closed End Fund GSBD 2.70
Fifth Street Finance Corp FSC 2.13
PennantPark Investment Corp PNNT 1.99
BlackRock Kelso Capital Corp BKCC 1.98
Medley Capital Corp MCC 1.44
Fidus Investment Corp FDUS 1.39
PennantPark Floating Rate Capital Ltd PFLT 1.30
TICC Capital Corp TICC 1.28
THL Credit Inc TCRD 1.13
Gladstone Investment Corp GAIN 0.96
Solar Senior Capital Ltd SUNS 0.91
Monroe Capital Corp MRCC 0.90
Capital Southwest Corp CSWC 0.88
Gladstone Capital Corp GLAD 0.83
Triplepoint Venture Growth BDC Corp TPVG 0.83
Capitala Finance Corp CPTA 0.78
Newtek Business Services Corp NEWT 0.75
Fifth Street Senior Floating Rate Corp FSFR 0.66
Stellus Capital Investment Corp SCM 0.63
MVC Capital Inc MVC 0.62
Alcentra Capital Corp ABDC 0.55
Garrison Capital Inc. GARS 0.52
KCAP Financial Inc KCAP 0.50
American Capital Senior Floating Closed Fund ACSF 0.48
Horizon Technology Finance Corp HRZN 0.48
OFS Capital Corp OFS 0.37
WhiteHorse Finance Inc WHF 0.31
CM Finance Inc CMFN 0.28
Great Elm Capital Corp GECC 0.28
Medallion Financial Corp MFIN 0.20

Source: Wells Fargo, as of March 27, 2017.

Constituent Weightings