ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B

  • Current Indicative Value
  • 12/11/2019 | 11:15 am
  • USD 20.28
  • Current Spot Price USD 20.29
  • 12/11/2019 | 11:15 am

Index Profile

Underlying Index Wells Fargo Business Development Company Index Total Return
Ticker symbol WFBDCPX
CUSIP --

About the index

According to Wells Fargo Securities, LLC, the Index sponsor, the Wells Fargo Business Development Company Index is a float-adjusted, capitalization-weighted Index that is intended to measure the performance of all Business Development Companies (“BDC”) that are listed on the New York Stock Exchange (“NYSE AMEX”) or NASDAQ and 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 January 2011 and has no 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 Total Return 2.85% 3.62% 7.61% 17.72% 19.61%

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
Fs Kkr Capital Corp FSK 10.55
Ares Capital Corp ARCC 9.88
Main Street Capital Corp MAIN 9.24
Prospect Capital Corp PSEC 7.03
Hercules Technology Growth Capital Inc HTGC 5.13
TPG Specialty Lending Inc TSLX 4.91
Apollo Investment Corp AINV 4.13
New Mountain Finance Corp NMFC 3.92
Golub Capital BDC Inc GBDC 3.87
Bain Capital Specialty Finance Inc BCSF 3.01
TCP Capital Corp TCPC 3.00
Solar Capital Ltd SLRC 2.95
Tcg Bdc Inc CGBD 2.71
Goldman Sachs Bdc Closed End Fund GSBD 2.63
Fifth Street Finance Corp OCSL 2.25
PennantPark Floating Rate Capital Ltd PFLT 1.70
Gladstone Investment Corp GAIN 1.68
Newtek Business Services Corp NEWT 1.53
PennantPark Investment Corp PNNT 1.47
Fidus Investment Corp FDUS 1.33
Capital Southwest Corp CSWC 1.31
Barings Bdc Inc BBDC 1.30
BlackRock Kelso Capital Corp BKCC 1.26
Triplepoint Venture Growth BDC Corp TPVG 1.24
Gladstone Capital Corp GLAD 1.06
Stellus Capital Investment Corp SCM 0.91
Solar Senior Capital Ltd SUNS 0.90
Qxford Square Capital Corp OXSQ 0.85
Monroe Capital Corp MRCC 0.85
Owl Rock Capital Corporation Com ORCC 0.74
Fifth Street Senior Floating Rate Corp OCSI 0.69
THL Credit Inc TCRD 0.66
WhiteHorse Finance Inc WHF 0.61
Saratoga Investment Corp SAR 0.58
Horizon Technology Finance Corp HRZN 0.57
Sutter Rock Capital Corp SSSS 0.47
MVC Capital Inc MVC 0.46
Capitala Finance Corp CPTA 0.45
Medley Capital Corp MCC 0.43
OFS Capital Corp OFS 0.42
Alcentra Capital Corp ABDC 0.41
Garrison Capital Inc. GARS 0.29
Portman Ridge Finance Corp PTMN 0.25
Great Elm Capital Corp GECC 0.22
Investcorp Credit Management Bdc Inc ICMB 0.18

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

Constituent Weightings