ETRACS MarketVector Business Development Companies Liquid Index ETN

An intraday "indicative value" is used to measure the intrinsic value of each ETN and is for reference purposes only. Note: The market price (the actual trading price) of ETNs may be different from their indicative value.
Current Indicative Value
04/26/2024 | 10:53 am
USD 19.33

Current Spot Price USD 19.31
04/26/2024 | 10:41 am

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	2.86%	1.43%	12.95%	17.55%	1.44%

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	14.92
Owl Rock Capital Corporation Com	OBDC	6.79
Fs Kkr Capital Corp	FSK	6.69
Blackstone Secured Lending Fund	BXSL	6.51
Golub Capital BDC Inc	GBDC	5.24
Main Street Capital Corp	MAIN	5.14
Hercules Technology Growth Capital Inc	HTGC	5.00
Morgan Stanley Direct Lending Fund	MSDL	4.53
TPG Specialty Lending Inc	TSLX	4.39
Goldman Sachs Bdc Closed End Fund	GSBD	4.24
Prospect Capital Corp	PSEC	4.20
Oaktree Specialty Lending Corp	OCSL	4.12
Capital Southwest Corp	CSWC	2.94
New Mountain Finance Corp	NMFC	2.89
Apollo Investment Corp	MFIC	2.61
Tcg Bdc Inc	CGBD	2.27
TCP Capital Corp	TCPC	2.26
Barings Bdc Inc	BBDC	2.26
Bain Capital Specialty Finance Inc	BCSF	1.93
Solar Capital Ltd	SLRC	1.88
Trinity Capital Inc	TRIN	1.83
PennantPark Floating Rate Capital Ltd	PFLT	1.78
Cion Investment Corp	CION	1.64
Fidus Investment Corp	FDUS	1.64
Gladstone Investment Corp	GAIN	1.35
Triplepoint Venture Growth BDC Corp	TPVG	0.94

Source: MV Index Solutions GmbH, as of April 25, 2024.

Constituent Weightings

Important legal information specific to ETRACS ETNs.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement, to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable prospectus supplement for each ETRACS may be viewed by clicking on the ticker symbol of each ETRACS identified above. You may also view any of these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Disclaimer Business continuity

Important legal and regulatory information:

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The information in this section of the website may not be accessed in respect of the United Kingdom by persons who are retail investors. The securities referred to herein are not to be offered, sold or otherwise made available to any retail investor in the United Kingdom and any person who is a retail investor in the United Kingdom should not act or rely on this information or any of its contents. For these purposes, a retail investor means a person who is one (or more) of: a retail client as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "EUWA"); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of the Prospectus Regulation as it forms part of domestic law by virtue of the EUWA ("UK Prospectus Regulation").