ETRACS Quarterly Pay 1.5x Leveraged Wells Fargo BDC Index ETN

  • Current Indicative Value
  • 10/29/2020 | 08:00 pm
  • USD 22.56
  • Current Spot Price USD 22.55
  • 10/29/2020 | 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 -3.66% -2.18% 5.67% -32.11% -36.33%

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 10.63
Owl Rock Capital Corporation Com ORCC 9.68
Fs Kkr Capital Corporation Ii FSKR 9.67
Golub Capital BDC Inc GBDC 7.62
Fs Kkr Capital Corp FSK 6.94
Main Street Capital Corp MAIN 6.67
Prospect Capital Corp PSEC 5.35
Hercules Technology Growth Capital Inc HTGC 4.71
TPG Specialty Lending Inc TSLX 4.16
New Mountain Finance Corp NMFC 3.08
Solar Capital Ltd SLRC 2.40
Fifth Street Finance Corp OCSL 2.15
TCP Capital Corp TCPC 2.06
Apollo Investment Corp AINV 2.05
Goldman Sachs Bdc Closed End Fund GSBD 2.03
Bain Capital Specialty Finance Inc BCSF 1.96
Tcg Bdc Inc CGBD 1.83
Crescent Capital Bdc Inc. CCAP 1.31
Newtek Business Services Corp NEWT 1.30
Triplepoint Venture Growth BDC Corp TPVG 1.25
PennantPark Floating Rate Capital Ltd PFLT 1.18
Barings Bdc Inc BBDC 1.05
Gladstone Investment Corp GAIN 1.03
Fidus Investment Corp FDUS 0.92
Gladstone Capital Corp GLAD 0.87
Capital Southwest Corp CSWC 0.85
Horizon Technology Finance Corp HRZN 0.77
PennantPark Investment Corp PNNT 0.75
Solar Senior Capital Ltd SUNS 0.67
BlackRock Kelso Capital Corp BKCC 0.65
Saratoga Investment Corp SAR 0.63
Stellus Capital Investment Corp SCM 0.58
WhiteHorse Finance Inc WHF 0.57
Fifth Street Senior Floating Rate Corp OCSI 0.57
Monroe Capital Corp MRCC 0.53
Sutter Rock Capital Corp SSSS 0.47
Qxford Square Capital Corp OXSQ 0.45
MVC Capital Inc MVC 0.41
First Eagle Alternative Cap Bdc Inc FCRD 0.20

Source: Wells Fargo, as of October 29, 2020.

Constituent Weightings