What is BDCZ?

BDCZ tracks an index of at least 25 companies invested in the initial growth stages of small firms.

PERFORMANCE [as of 03/16/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BDCZ -- -- -- -- -- -- --
BDCZ (NAV) -7.31% 1.15% 0.93% -8.36% 20.54% 5.75% --
MSCI USA IMI / Asset Management & Custody Banks -SUB -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BDCZ Factset Analytics Insight

BDCZ covers a somewhat obscure pocket of the global funding market: business development companies. The note launched on Oct. 9, 2015 as a “B Series” companion to BDCS, providing more capacity for identical exposure. The ETN's reference index tracks the top 85% of the free-float universe or at least 25 companies that act as venture capital firms but that are typically structured as publicly traded closed-end funds. These firms generally invest in small or financially troubled firms directly via equity positions or indirectly through loans. Selected 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. Prior to July 30, 2021, the fund tracked the Wells Fargo Business Development Company Index.

BDCZ Summary Data

UBS
10/08/15
0.85%
$46.52M
MSCI USA IMI / Asset Management & Custody Banks -SUB
Exchange-Traded Note

Peers

MSCI USA IMI / Asset Management & Custody Banks -SUB

Fund Flows

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

BDCZ Portfolio Data

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9.83%
N/A
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BDCZ Index Data

Tiered
Market Cap
MSCI USA IMI / Asset Management & Custody Banks -SUB

BDCZ Portfolio Management

0.85%
-0.91%
0.89%
-5.34%

BDCZ Tax Exposures

20.00% / 39.60%
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Ordinary income
No

BDCZ Fund Structure

Exchange-Traded Note
No
No
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UBS AG (London Branch)
Low
Medium
Daily

Factset Analytics Block Liquidity

As of 03/17/23

This measurement shows how easy it is to trade a $1 million USD block of BDCZ. BDCZ is rated a 4 out of 5.

BDCZ Tradability

3,223
$55.89K
2,506
$44.05K
0.35%
$0.06
-0.02%
5.00% / -1.90%
Potential
100.00%
50,000
0.05
0.15%
0.21%
0
$16.47
4

BDCZ Performance Statistics

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MSCI USA IMI / Asset Management & Custody Banks -SUB

BDCZ Benchmark Comparison Holdings

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BDCZ Benchmark Comparison Summary

BDCZ Segment
Benchmark
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BDCZ Benchmark Comparison Market Cap Size

BDCZ Segment
Benchmark
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