ETRACS Quarterly Pay 1.5x Leveraged Wells Fargo BDC Index ETN

  • Current Indicative Value
  • 04/20/2021 | 06:45 pm
  • USD 37.34
  • Current Spot Price USD 37.31
  • 04/20/2021 | 04:10 pm

Index Profile

Underlying Index Wells Fargo Business Development Company Index
Ticker symbol WFBDCPX

About the index

The Wells Fargo Business Development Company Index PR is intended to measure the performance of all business development companies listed on the New York Stock Exchange (“NYSE”), NYSE AMEX or the NASDAQ Stock Market, Inc. that 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 is a price return index (i.e., the reinvestment of dividends is not reflected in the value of the Index). The Index was created in January 28, 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
Wells Fargo Business Development Company Index 4.19% 15.26% 38.15% 65.32% -2.14%

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 presented are based on intraday levels.

Constituent Weightings

Name Ticker symbol % Weight
Ares Capital Corp ARCC 10.03
Owl Rock Capital Corporation Com ORCC 9.84
Fs Kkr Capital Corporation Ii FSKR 8.54
Main Street Capital Corp MAIN 6.75
Fs Kkr Capital Corp FSK 6.26
Golub Capital BDC Inc GBDC 6.01
Prospect Capital Corp PSEC 5.58
Hercules Technology Growth Capital Inc HTGC 4.68
Goldman Sachs Bdc Closed End Fund GSBD 4.60
TPG Specialty Lending Inc TSLX 3.99
New Mountain Finance Corp NMFC 2.82
Fifth Street Finance Corp OCSL 2.60
Apollo Investment Corp AINV 2.27
TCP Capital Corp TCPC 2.08
Bain Capital Specialty Finance Inc BCSF 2.06
Tcg Bdc Inc CGBD 1.87
Solar Capital Ltd SLRC 1.84
Newtek Business Services Corp NEWT 1.36
Crescent Capital Bdc Inc. CCAP 1.33
Barings Bdc Inc BBDC 1.33
PennantPark Floating Rate Capital Ltd PFLT 1.22
Triplepoint Venture Growth BDC Corp TPVG 1.18
Gladstone Investment Corp GAIN 1.14
Capital Southwest Corp CSWC 1.08
PennantPark Investment Corp PNNT 1.06
Fidus Investment Corp FDUS 0.98
Gladstone Capital Corp GLAD 0.84
Horizon Technology Finance Corp HRZN 0.79
BlackRock Kelso Capital Corp BKCC 0.67
Stellus Capital Investment Corp SCM 0.61
Sutter Rock Capital Corp SSSS 0.60
WhiteHorse Finance Inc WHF 0.58
Monroe Capital Corp MRCC 0.56
Saratoga Investment Corp SAR 0.55
Solar Senior Capital Ltd SUNS 0.55
Qxford Square Capital Corp OXSQ 0.55
Portman Ridge Finance Corp PTMN 0.44
Trinity Capital Inc TRIN 0.32
OFS Capital Corp OFS 0.23
First Eagle Alternative Cap Bdc Inc FCRD 0.22

Source: Wells Fargo, as of April 20, 2021.

Constituent Weightings