ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

  • Current Indicative Value
  • 07/24/2024 | 06:59 pm
  • USD 32.31
  • Current Spot Price USD 32.31
  • 07/24/2024 | 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% -0.94% 0.90% 5.73% -1.31%

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 15.40
Fs Kkr Capital Corp FSK 6.83
Owl Rock Capital Corporation Com OBDC 6.76
Blackstone Secured Lending Fund BXSL 5.98
Hercules Technology Growth Capital Inc HTGC 5.43
Main Street Capital Corp MAIN 5.27
Golub Capital BDC Inc GBDC 4.99
Prospect Capital Corp PSEC 4.54
TPG Specialty Lending Inc TSLX 4.48
Goldman Sachs Bdc Closed End Fund GSBD 4.27
Morgan Stanley Direct Lending Fund MSDL 4.01
Oaktree Specialty Lending Corp OCSL 3.91
Capital Southwest Corp CSWC 3.14
New Mountain Finance Corp NMFC 2.94
Apollo Investment Corp MFIC 2.46
TCP Capital Corp TCPC 2.45
Tcg Bdc Inc CGBD 2.45
Barings Bdc Inc BBDC 2.45
Bain Capital Specialty Finance Inc BCSF 1.98
PennantPark Floating Rate Capital Ltd PFLT 1.90
Trinity Capital Inc TRIN 1.89
Cion Investment Corp CION 1.75
Solar Capital Ltd SLRC 1.69
Fidus Investment Corp FDUS 1.64
Gladstone Investment Corp GAIN 1.37

Source: MV Index Solutions GmbH, as of July 24, 2024.

Constituent Weightings