ETRACS MVIS Business Development Companies Index ETN

  • Current Indicative Value
  • 01/31/2023 | 07:00 pm
  • USD 17.62
  • Current Spot Price USD 17.60
  • 01/31/2023 | 04:10 pm

Index Profile

Underlying Index MVIS US Business Development Companies 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
MVIS US Business Development Companies Index 8.12% 4.21% -3.22% -12.51% -8.78%

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 19.77
Fs Kkr Capital Corp FSK 13.78
Owl Rock Capital Corporation Com ORCC 11.65
Main Street Capital Corp MAIN 4.65
Blackstone Secured Lending Fund BXSL 4.54
Prospect Capital Corp PSEC 4.51
Hercules Technology Growth Capital Inc HTGC 4.47
Golub Capital BDC Inc GBDC 4.40
TPG Specialty Lending Inc TSLX 3.75
Goldman Sachs Bdc Closed End Fund GSBD 3.65
New Mountain Finance Corp NMFC 2.87
Oaktree Specialty Lending Corp OCSL 2.75
Barings Bdc Inc BBDC 2.03
Apollo Investment Corp MFIC 1.97
TCP Capital Corp TCPC 1.85
Solar Capital Ltd SLRC 1.79
Tcg Bdc Inc CGBD 1.70
Capital Southwest Corp CSWC 1.55
Bain Capital Specialty Finance Inc BCSF 1.44
Cion Investment Corp CION 1.43
Fidus Investment Corp FDUS 1.13
PennantPark Floating Rate Capital Ltd PFLT 1.13
Newtek Business Services Corp NEWT 1.10
Gladstone Investment Corp GAIN 1.09
Triplepoint Venture Growth BDC Corp TPVG 1.00

Source: MV Index Solutions GmbH, as of January 31, 2023.

Constituent Weightings