ETRACS 2x Monthly Leveraged Wells Fargo Diversified Business Development Company Index ETN Series B

  • Current Indicative Value
  • 12/11/2019 | 11:38 am
  • USD 26.49
  • Current Spot Price USD 26.53
  • 12/11/2019 | 11:38 am

Index Profile

Underlying Index Wells Fargo Diversified Business Development Company Index
Ticker symbol WFDBDCPX

About the index

According to Wells Fargo Securities, LLC, the Index sponsor, the Wells Fargo Diversified Business Development Company Index is a float and dividend-adjusted, capitalization-weighted Index that is intended to measure the performance of Business Development Companies (“BDC”) that are listed on the New York Stock Exchange (“NYSE MKT”) or NASDAQ and 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 was created in February 2019 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 Diversified Business Development Company Index 1.98% -2.94% -0.39% -- --

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.

*52-Week High and 52-Week Low are based on intraday trading prices.

**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
Fs Kkr Capital Corp FSK 4.76
Hercules Technology Growth Capital Inc HTGC 4.74
TPG Specialty Lending Inc TSLX 4.60
Apollo Investment Corp AINV 4.55
Ares Capital Corp ARCC 4.46
Main Street Capital Corp MAIN 4.41
Prospect Capital Corp PSEC 4.35
New Mountain Finance Corp NMFC 4.24
Golub Capital BDC Inc GBDC 3.99
TCP Capital Corp TCPC 3.48
Bain Capital Specialty Finance Inc BCSF 3.38
Solar Capital Ltd SLRC 3.25
Tcg Bdc Inc CGBD 3.08
Goldman Sachs Bdc Closed End Fund GSBD 3.01
Fifth Street Finance Corp OCSL 2.65
PennantPark Floating Rate Capital Ltd PFLT 2.23
Newtek Business Services Corp NEWT 2.11
PennantPark Investment Corp PNNT 2.11
Gladstone Investment Corp GAIN 2.05
BlackRock Kelso Capital Corp BKCC 1.89
Fidus Investment Corp FDUS 1.89
Monroe Capital Corp MRCC 1.77
Capital Southwest Corp CSWC 1.68
Triplepoint Venture Growth BDC Corp TPVG 1.60
Gladstone Capital Corp GLAD 1.59
Barings Bdc Inc BBDC 1.55
Qxford Square Capital Corp OXSQ 1.53
Stellus Capital Investment Corp SCM 1.50
THL Credit Inc TCRD 1.43
Solar Senior Capital Ltd SUNS 1.37
WhiteHorse Finance Inc WHF 1.25
Owl Rock Capital Corporation Com ORCC 1.22
Horizon Technology Finance Corp HRZN 1.22
Capitala Finance Corp CPTA 1.21
Saratoga Investment Corp SAR 1.16
Fifth Street Senior Floating Rate Corp OCSI 1.14
OFS Capital Corp OFS 1.14
Investcorp Credit Management Bdc Inc ICMB 1.11
Garrison Capital Inc. GARS 0.95
Great Elm Capital Corp GECC 0.92
Alcentra Capital Corp ABDC 0.90
MVC Capital Inc MVC 0.87
Portman Ridge Finance Corp PTMN 0.85
Sutter Rock Capital Corp SSSS 0.43
Medley Capital Corp MCC 0.40

Source: Wells Fargo, as of December 10, 2019.

Constituent Weightings