Fund Description
The ETRACS MVIS Business Development Companies Index ETN is designed to track an investment in the MVIS US Business Development Companies Index ("Index"), and may pay a variable quarterly coupon linked to the cash distributions associated with the underlying BDC constituents, less investor fees. Note that if the BDCs do not make distributions or those distributions do not overcome the investor fees, then investors will not receive any coupons.
Fund Profile
Fund Name ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
Fund Exchange Ticker BDCX
Fund Sponsor UBS
Fund ISIN US90269A2603
Net Expense Ratio 0.95 %
Fund Inception Date 2 June 2020
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name MVIS US Business Development Companies Index
Index Provider MVIS Index
Currency Hedged No
Inverse / Leveraged Leveraged (1.5x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 15 October 2021
Asset Under Management 39.49 Million (USD)
1 Month Total Return 4.93 %
Year To Date Return 50.41 %
1 Year Total Return 84.61 %
3 Year Annualized Total Return
NAV 39.49
Share Outstanding 1,000,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting