ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

  • Current Indicative Value
  • 12/01/2023 | 07:00 pm
  • USD 31.22
  • Current Spot Price USD 31.19
  • 12/01/2023 | 04:10 pm

Index Profile

Underlying Index MarketVector US Business Development Companies Liquid Index
Ticker symbol MVBIZD

About the index

The MVIS US Business Development Companies Index is a modified capitalization-weighted, float-adjusted index designed to give investors a means of tracking the overall performance of BDCs. To be eligible for the Index and qualify as a BDC, a company must be organized under the laws of, and have its principal place of business in, the United States, be registered with the SEC and have elected to be regulated as a BDC under the 1940 Act. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the value of the Index). The Index was created on August 4, 2011 and has no live performance history prior to that date. 

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
MarketVector US Business Development Companies Liquid Index 1.62% 0.67% 6.93% 4.38% 13.50%

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.

Index Historical Returns are calculated on the basis of intraday index levels or closing index levels where relevant.

Constituent Weightings

Name Ticker symbol % Weight
Ares Capital Corp ARCC 15.19
Fs Kkr Capital Corp FSK 7.10
Owl Rock Capital Corporation Com OBDC 6.93
Blackstone Secured Lending Fund BXSL 6.09
Golub Capital BDC Inc GBDC 5.12
Main Street Capital Corp MAIN 5.05
Hercules Technology Growth Capital Inc HTGC 4.73
TPG Specialty Lending Inc TSLX 4.62
Goldman Sachs Bdc Closed End Fund GSBD 4.55
Oaktree Specialty Lending Corp OCSL 4.41
Prospect Capital Corp PSEC 4.20
New Mountain Finance Corp NMFC 3.56
Capital Southwest Corp CSWC 2.96
Apollo Investment Corp MFIC 2.90
Barings Bdc Inc BBDC 2.75
Tcg Bdc Inc CGBD 2.51
Solar Capital Ltd SLRC 2.32
TCP Capital Corp TCPC 2.27
Bain Capital Specialty Finance Inc BCSF 2.22
Trinity Capital Inc TRIN 2.03
PennantPark Floating Rate Capital Ltd PFLT 2.03
Cion Investment Corp CION 1.92
Fidus Investment Corp FDUS 1.73
Gladstone Investment Corp GAIN 1.61
Triplepoint Venture Growth BDC Corp TPVG 1.22

Source: MV Index Solutions GmbH, as of December 01, 2023.

Constituent Weightings