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BDCL Stock Price, Chart, Stats & News

UBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN
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Trading--Leveraged Equity
Category
0.85%
Expense ratio
21.00M
Assets
-81.21%
1Y return

BDCL chart

1M
3M
1Y
5Y
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BDCL returns

YTD
-83.20%
1Y
-81.21%
3Y
-42.54%
5Y
-24.44%
10Y
0.00%
1Y volatility83.19%
3Y volatility53.53%
Sharpe ratio-0.54

About

This investment vehicle's objective is to deliver a return that is twice the performance of the Wells Fargo Business Development Company Index, net of all associated expenses. The underlying index is a float-adjusted, market-capitalization-weighted benchmark designed to track the performance of all Business Development Companies (BDCs) listed on the New York Stock Exchange or NASDAQ that meet specific criteria for market value and other eligibility requirements. BDCs typically generate revenue by providing loans to small and medium-sized enterprises at high-yield rates, sometimes also acquiring equity stakes in these businesses.

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