ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN

  • Current Indicative Value
  • 02/15/2019 | 06:59 pm
  • USD 13.95
  • Last close USD 13.86
  • 2/14/2019

Index Profile

Underlying Index Wells Fargo Business Development Company Index
Ticker symbol WFBDCPX

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 MKT”) 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 4.09% 0.97% -5.52% -0.70% 8.61%

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
Fs Kkr Capital Corp FSK 10.49
Ares Capital Corp ARCC 9.96
Main Street Capital Corp MAIN 8.56
Prospect Capital Corp PSEC 7.99
TPG Specialty Lending Inc TSLX 5.08
Hercules Technology Growth Capital Inc HTGC 4.80
Golub Capital BDC Inc GBDC 4.23
Apollo Investment Corp AINV 4.14
New Mountain Finance Corp NMFC 3.71
Tcg Bdc Inc CGBD 3.50
TCP Capital Corp TCPC 3.37
Solar Capital Ltd SLRC 3.30
Goldman Sachs Bdc Closed End Fund GSBD 2.76
Fifth Street Finance Corp OCSL 2.40
PennantPark Floating Rate Capital Ltd PFLT 2.00
PennantPark Investment Corp PNNT 1.93
BlackRock Kelso Capital Corp BKCC 1.69
Gladstone Investment Corp GAIN 1.53
Barings Bdc Inc BBDC 1.43
Fidus Investment Corp FDUS 1.40
Newtek Business Services Corp NEWT 1.32
Capital Southwest Corp CSWC 1.30
Triplepoint Venture Growth BDC Corp TPVG 1.26
Qxford Square Capital Corp OXSQ 1.19
Monroe Capital Corp MRCC 1.03
Gladstone Capital Corp GLAD 1.01
Solar Senior Capital Ltd SUNS 0.89
Stellus Capital Investment Corp SCM 0.85
THL Credit Inc TCRD 0.79
Fifth Street Senior Floating Rate Corp OCSI 0.68
Bain Capital Specialty Finance Inc BCSF 0.58
Medley Capital Corp MCC 0.56
MVC Capital Inc MVC 0.55
Horizon Technology Finance Corp HRZN 0.55
WhiteHorse Finance Inc WHF 0.51
Capitala Finance Corp CPTA 0.50
OFS Capital Corp OFS 0.47
KCAP Financial Inc KCAP 0.47
Garrison Capital Inc. GARS 0.44
Alcentra Capital Corp ABDC 0.36
CM Finance Inc CMFN 0.23
Great Elm Capital Corp GECC 0.19

Source: Wells Fargo, as of February 15, 2019.

Constituent Weightings