ETRACS Quarterly Pay 1.5x Leveraged Wells Fargo BDC Index ETN

  • Current Indicative Value
  • 07/02/2020 | 08:00 pm
  • USD 24.05
  • Current Spot Price USD 24.01
  • 07/02/2020 | 08:00 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 -- -- -- -- --

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 10.09
Owl Rock Capital Corporation Com ORCC 10.04
Main Street Capital Corp MAIN 8.42
Fs Kkr Capital Corp FSK 8.04
Golub Capital BDC Inc GBDC 6.55
Prospect Capital Corp PSEC 6.36
Hercules Technology Growth Capital Inc HTGC 4.96
TPG Specialty Lending Inc TSLX 4.79
New Mountain Finance Corp NMFC 3.67
Solar Capital Ltd SLRC 2.98
Apollo Investment Corp AINV 2.73
Goldman Sachs Bdc Closed End Fund GSBD 2.50
Fifth Street Finance Corp OCSL 2.44
TCP Capital Corp TCPC 2.30
Tcg Bdc Inc CGBD 2.10
Bain Capital Specialty Finance Inc BCSF 1.97
Crescent Capital Bdc Inc. CCAP 1.62
Newtek Business Services Corp NEWT 1.59
Gladstone Investment Corp GAIN 1.47
PennantPark Floating Rate Capital Ltd PFLT 1.44
Triplepoint Venture Growth BDC Corp TPVG 1.40
Barings Bdc Inc BBDC 1.18
Capital Southwest Corp CSWC 1.01
PennantPark Investment Corp PNNT 0.96
Fidus Investment Corp FDUS 0.94
Gladstone Capital Corp GLAD 0.93
BlackRock Kelso Capital Corp BKCC 0.82
Horizon Technology Finance Corp HRZN 0.79
Solar Senior Capital Ltd SUNS 0.78
WhiteHorse Finance Inc WHF 0.68
Stellus Capital Investment Corp SCM 0.66
Fifth Street Senior Floating Rate Corp OCSI 0.62
Monroe Capital Corp MRCC 0.62
Saratoga Investment Corp SAR 0.61
Qxford Square Capital Corp OXSQ 0.60
Sutter Rock Capital Corp SSSS 0.54
MVC Capital Inc MVC 0.41
THL Credit Inc TCRD 0.38

Source: Wells Fargo, as of July 02, 2020.

Constituent Weightings