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BDCS Stock Price, Chart, Stats & News

UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN
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Financial
Category
0.85%
Expense ratio
26.88M
Assets
0.00%
1Y return

BDCS chart

1M
3M
1Y
5Y
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BDCS returns

YTD
0.00%
1Y
0.00%
3Y
0.00%
5Y
0.00%
10Y
0.00%
1Y volatility0.00%
3Y volatility0.00%
Sharpe ratio0.00

About

This investment vehicle seeks to replicate the total return of the Wells Fargo Business Development Company Index, after accounting for all associated costs. This particular index is a float-adjusted and market-capitalization weighted benchmark, constructed to evaluate the performance of all qualifying Business Development Companies (BDCs) publicly traded on either the New York Stock Exchange or NASDAQ, subject to meeting predefined market valuation and other selection requirements. The fundamental business model of BDCs centers on providing financing, often in the form of high-yield loans, to small and mid-sized enterprises, occasionally complemented by direct equity investments in those businesses.

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