ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN

  • Current Indicative Value
  • 09/20/2019 | 06:59 pm
  • USD 14.95
  • Current Spot Price USD 14.86
  • 09/20/2019 | 06:59 pm

Index Profile

Underlying Index Wells Fargo Business Development Company Index Total Return
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 Total Return 2.97% 4.25% 8.95% 7.02% 22.04%

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 10.32
Fs Kkr Capital Corp FSK 9.66
Main Street Capital Corp MAIN 9.64
Prospect Capital Corp PSEC 7.46
TPG Specialty Lending Inc TSLX 4.91
Hercules Technology Growth Capital Inc HTGC 4.87
Apollo Investment Corp AINV 4.10
Golub Capital BDC Inc GBDC 4.06
New Mountain Finance Corp NMFC 3.63
Tcg Bdc Inc CGBD 3.07
Solar Capital Ltd SLRC 3.05
TCP Capital Corp TCPC 2.93
Bain Capital Specialty Finance Inc BCSF 2.89
Goldman Sachs Bdc Closed End Fund GSBD 2.58
Fifth Street Finance Corp OCSL 2.37
PennantPark Floating Rate Capital Ltd PFLT 1.65
Newtek Business Services Corp NEWT 1.53
Triplepoint Venture Growth BDC Corp TPVG 1.53
PennantPark Investment Corp PNNT 1.50
Gladstone Investment Corp GAIN 1.46
Fidus Investment Corp FDUS 1.36
Barings Bdc Inc BBDC 1.32
Capital Southwest Corp CSWC 1.32
BlackRock Kelso Capital Corp BKCC 1.28
Qxford Square Capital Corp OXSQ 1.02
Gladstone Capital Corp GLAD 0.97
Solar Senior Capital Ltd SUNS 0.91
Stellus Capital Investment Corp SCM 0.91
Monroe Capital Corp MRCC 0.77
THL Credit Inc TCRD 0.71
Fifth Street Senior Floating Rate Corp OCSI 0.70
WhiteHorse Finance Inc WHF 0.59
Horizon Technology Finance Corp HRZN 0.56
Medley Capital Corp MCC 0.53
Saratoga Investment Corp SAR 0.51
MVC Capital Inc MVC 0.46
Sutter Rock Capital Corp SSSS 0.46
Capitala Finance Corp CPTA 0.45
OFS Capital Corp OFS 0.44
Alcentra Capital Corp ABDC 0.42
Garrison Capital Inc. GARS 0.38
Portman Ridge Finance Corp PTMN 0.29
Great Elm Capital Corp GECC 0.25
Investcorp Credit Management Bdc Inc ICMB 0.18

Source: Wells Fargo, as of September 20, 2019.

Constituent Weightings