What is BDCX?

BDCX provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BDCX -11.45% -0.68% 0.59% -19.81% -- -- --
BDCX (NAV) -11.31% 8.12% 0.79% -10.76% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BDCX Factset Analytics Insight

BDCX tracks a tiered-weighted index consisting of 25 BDCs covering 85%-90% of the free-float market-cap. These companies are grouped as large-weights (largest 5-10) and small-weights (all other companies). The index assigns different minimum-weights to the companies: 5% to large-weights compared to 4.5% for the small-weights. The return on the note is linked to the performance of the price return of the index. Unlike most levered funds, that resets daily, BDCX offers 1.5x exposure over quarterly periods. Over periods spanning more than the quarterly reset dates, returns can vary significantly from its promised 1.5x exposure. Investors will come closest to 1.5x exposure by buying near but after the quarterly reset date. BDCX is designed as a short-term trading tool and not a long-term investment vehicle. Prior to July 30, 2021, the fund tracked the Wells Fargo Business Development Company Index.

BDCX Summary Data

UBS
06/02/20
0.95%
$27.07M
N/A
Exchange-Traded Note

Peers

N/A
N/A

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

BDCX Fund Structure

Yes
No
-- / --
UBS AG (London Branch)
Low
High
1.5
Quarterly

BDCX Tax Exposures

20.00% / 39.60%
--
No

BDCX Portfolio Data

17.76%
01/07/21

BDCX Index Data

Tiered
Market Cap
N/A

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of BDCX. BDCX is rated a N/A out of 5.

BDCX Tradability

5,201
$153.45K
2,760
$77.25K
0.36%
$0.11
-0.03%
7.91% / -0.56%
None
100.00%
50,000
0.06
0.00%
--
0
$27.60
N/A